Looking for Maker? Find MKR Price, Exchanges, Reviews, Chart, Historical Data & MKR Marketcap
Maker (MKR) Ranked 21 in Coin Market Daddy Currencies Index. Maker (MKR) price is $504.74. It has a current circulating supply of 1,000,000 MKR and a Marketcap of $504.74M. Today Maker price is down (-0.19%). $96.78K worth of Maker (MKR) has been traded in the past 24 hours. Maker (MKR) currency type is token (Ethereum). MKR trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Maker (MKR) and contribute to CMD Cryptocurrency Encyclopedia.
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).