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).
Market share | 0.00% |
Proof type | — |
24h Open | $2,614.65 |
24h Low | $2,588.47 |
24h High | $2,733.80 |
Price in BTC | 0.04694451988336 BTC |
Current Supply | 977,609 MKR |
Total Supply | 1,000,000 MKR |
Market cap | $2,666,265,344 |
24h Volume (coin) | 1,148 MKR |
24h Volume (currency) | $3,058,956 |
Last updated | 2024-05-02 12:05:17 +01:00 BST |
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