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Maker price, market cap on Coin360 heatmap
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Maker(MKR)

Change 24h
- 0.79%
Market Cap$512,982,323
Vol 24h $1,388,906
AlgorithmEthereum
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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).

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