Maker
Maker (MKR)
Market capitalization: 497 541 140
Rank # 23 | Coin not mineable
497.54 -1.93%
Volume (24h): 2 019 368
Circulating Supply: 1 000 000 MKR
Max Supply: 0 MKR
Maker (Overview)
About

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).

Hashing Algorithm
Hashrate
Block Time 0
Homepage -
Available/Total Supply 1 000 000 / 1 000 000