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).
|Price in BTC||0.03729330055689 BTC|
|Current Supply||977,631 MKR|
|Total Supply||1,000,000 MKR|
|24h Volume (coin)||2,891 MKR|
|24h Volume (currency)||£4,025,524|
|Last updated||2022-05-06 11:05:21|