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MakerDAO

MKR

  • Lending
  • Stablecoin Protocol
  • RWA
  • DeFi
Established Year
2014
Headquarter
United States
Operating Status
Active
Ecosystem
Ethereum
Maker is a peer-to-contract lending platform that enables over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms, and incentives for external actors. Once generated, Dai can be sent to others, used as payments for goods and services, or held as long-term savings.

Organisation

Subsidiary

Financial Portfolio

Funding

N/A
3 Investors
$7 M

Crypto Holdings

Current Holdings Count
12
Total Value
$ 115.64 M
Last Activity
Holding Token
Current Price
Total Held
Total Value
$1,992.65
31.12%
57386.8078$ 114.35 M
$26.80
0.43%
46362.2656$ 1.24 M
$0.694603085816
0.03%
1190.2677$ 826.76
$48.22
0.78%
643.7321$ 31.04 K
$0.152676533381
0.00%
150$ 22.90
$0.150367281236
0.00%
139.1$ 20.92
$282.38
9.44%
60$ 16.94 K
$3,905.92
84.93%
0.4908$ 1.92 K

Recent News

Frequently Asked Questions

What Is Maker (MKR)?

Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a [decentralized organization](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao) and a software platform, both based on the [Ethereum](https://www.coinlive.com/coin/ethereum) blockchain — that allows users to issue and manage the DAI stablecoin. Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar. MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself. The Maker ecosystem is one of the earliest projects on the decentralized finance ([DeFi](https://coinmarketcap.com/alexandria/article/what-is-decentralized-finance)) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.