$344.26/
Ƀ0.09948760

Maker (MKR)

Buy MKR
Market Capitalization: $250,698,268 Market Volume: $1,541,194

%(1h) -0.56 %
%(24h) -2.16 %
%(7d) 5.33 %
%(30) -2.16 %
%(6m) 5.33 %

Maker Conversion Calculator
MKR
USD
Net Hash/s: 0
Algorithm: ETH Token
Proof Type: n/a
Block Time: 0
Block Reward: 0
Block Reward Reduction: n/a
Coin Supply: 1,000,000
Coins Available: 728,228
Difficulty Adjustment: n/a
Start Date: 2016/03/08

What is Maker?

Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).