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 | 0.11% |
Proof type | — |
24h Open | $3,836.30 |
24h Low | $3,563.98 |
24h High | $3,923.94 |
Price in BTC | 0.05717652337272 BTC |
Current Supply | 977,609 MKR |
Total Supply | 1,000,000 MKR |
Market cap | $3,656,128,000 |
24h Volume (coin) | 7,024 MKR |
24h Volume (currency) | $26,445,314 |
Last updated | 2024-04-03 02:20:16 +01:00 BST |
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