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||0.07918307368408 BTC|
|Current Supply||1,000,000 MKR|
|Total Supply||1,000,000 MKR|
|24h Volume (coin)||1 MKR|
|24h Volume (currency)||$571|
|Last updated||2018-08-09 04:15:53 +01:00 BST|