Total Coins: 3187
Total Market Cap: $ 17,108,792,331,866
24H Trade Volume: $ 5,748,498,878
Maker (MKR)
MKR
$ 492.854 ( 1.82%)
Mkt. Cap.
$ 492.85 M
Vol. 24H
MKR 540.682 ($ 272.43 K)
Open 24h
$ 484.034
Low/High 24h
$ 468.403 - $ 497.524
Last trade
MKR 0 ($ 0) / Bibox

Charts price for Maker (MKR)

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Description of Maker (MKR)

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).