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 | 0.18% |
| Proof type | — |
| Open | $546.29 |
| Low | $524.44 |
| High | $568.14 |
| Price in BTC | 0.08886905047827 BTC |
| Current Supply | 1,000,000 MKR |
| Total Supply | 1,000,000 MKR |
| Market cap | $555,028,096 |
| 24h Volume (coin) | 0 MKR |
| 24h Volume (currency) | $0 |
| Last updated | 2018-07-13 04:30:36 +01:00 BST |
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