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MKR Price $646.86 Change (24H) -1.29% Volume (24H) $5.74M Market Cap $647M

Maker (MKR) Price, Stats & News

Maker Summary

Maker is an autonomous, decentralized consortium on the Ethereum blockchain that minimizes the price volatility of its stable token, the Dai, against the US dollar. Using this platform, you can make trades on OasisDex, Maker’s proprietary decentralized exchange; deposit collateral for borrowing Dai by locking ETH in the Maker collateral vault; and compete for profit opportunities on the Maker platform. Using borrowed Dai, you can re-invest it to build leveraged positions and buy more collateral on the open market. In times of uncertainty, you can exchange other cryptocurrencies for Dai.

Technical Stats

Supply 1 Million
Genesis Date November 25, 2017 (3 months)
Hashing Algoritm -
Block Time -
Hashrate N/A

Maker News

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