Maker (MKR)

Maker (MKR)Price Analysis


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).

Full Name Maker (MKR)
Algorithm N/A
Proof Type N/A
Website -
Twitter N/A
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Reddit https://www.reddit.com/r/MakerDAO/
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Block Time N/A
668,228 MKR