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 | 0.14% |
| Proof type | — |
| Open | $1,995.50 |
| Low | $1,994.10 |
| High | $2,263.14 |
| Price in BTC | 0.04452820983472 BTC |
| Current Supply | 995,239 MKR |
| Total Supply | 1,000,000 MKR |
| Market cap | $2,140,071,936 |
| 24h Volume (coin) | 5,891 MKR |
| 24h Volume (currency) | $12,668,049 |
| Last updated | 2021-03-01 20:00:39 +00:00 GMT |
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