Data Center Subscribe to Newsletter
Contact Us
Promising Altcoins...
Maker

Maker (MKR) Ethereum

Rating4.4
  • Coin: Maker (MKR)
  • Launch Date: 2017-01-29
  • Address: 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
  • Platform: Ethereum
  • Website: makerdao.com
  • Explorers: etherscan.io, www.oklink.com, blockchair.com, eth.tokenview.com, avascan.info
  • Tags: Store Of Value, DeFi, DAO, Polychain Capital Portfolio, Governance, Lending & Borrowing, DragonFly Capital Portfolio, Electric Capital Portfolio, a16z Portfolio, 1Confirmation Portfolio, Placeholder Ventures Portfolio, Pantera Capital Portfolio, Paradigm Portfolio, Near Protocol Ecosystem, Arbitrum Ecosystem, Spartan Group, BNB Chain, Real World Assets, Standard Crypto Portfolio
  • Reddit: MakerDAO
  • Facebook:
  • Twitter: MakerDAO
  • Ranking: 273
  • Rating: 4.4
  • # 69
  • Maker (MKR)
  • Current Price: $1,546.82
  • Market Capitalization: $1,379,210,730.00
  • 24h Trading Volume: $94,739,594.00

Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin.
Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar.
MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself.
The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.