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Maker current price is $584.59.

Maker current price is $584.59 with a marketcap of $533.53 M. Its price is 2.91% up in last 24 hours.


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  • maker
    Maker (MKR)
  • Live Price
    $584.59
  • 24h %
    2.91%
  • Market Cap
    $533.53 M
  • Volume
    $36.08 M
  • Available Supply
    909,598 MKR
  • Rank
    37

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★ More Info About Maker

MKR is a cryptocurrency depicted as a smart contract platform and works alongside the Dai coin and aims to act as a hedge currency that provides traders with a stable alternative to the majority of coins currently available on the market. Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain. Founded almost three years ago, MakerDao is lead by Rune Christensen, its CEO and founder. Maker’s MKR coin is a recent entrant to the market and is not a well known project. However, after today it will be known by many more people after blowing up 40% and it is one of the coins to rise to prominence during the recent peaks and troughs. After being developed by the MakerDAO team, Maker Dai officially went live on December 18th, 2017. Dai is a price stable coin that is suitable for payments, savings, or collateral and provides cryptocurrency traders with increased options concerning opening and closing positions. Dai lives completely on the blockchain chain with its stability unmediated by the legal system or trusted counterparties and helps facilitate trading while staying entirely in the world of cryptocurrencies. The concept of a stablecoin is fairly straight forward – it’s a token that has its price or value pegged to a particular fiat currency. A stablecoin is a token (like Bitcoin and Ethereum) that exists on a blockchain, but unlike Bitcoin or Ethereum, Dai has no volatility. MKR is an ERC-20 token on the Ethereum blockchain and can not be mined. It’s instead created/destroyed in response to DAI price fluctuations in order to keep it hovering around $1 USD. MKR is used to pay transaction fees on the Maker system, and it collateralizes the system. Holding MKR comes with voting rights within Maker’s continuous approval voting system. Bad governance devalues MKR tokens, so MKR holders are incentivized to vote for the good of the entire system. It’s a fully decentralized and democratic structure, then, which is an underutilized USP of blockchain tech. Value volatility is a relative concept among both cryptos and fiat currencies. The US dollar, for example, was worth 110.748 yen on July 9, 2018. On July 4, 2011, $1 was worth 80.64 yen, and on March 18, 1985, $1 was worth 255.65 yen. These are major differences in exchange rates, and inflation within each country makes each currency worth different values even when compared to themselves. One USD in 1913 is worth the equivalent of $25.41 today, and even $1 in 1993 is worth the equivalent of $1.74 today. Stablecoins don’t negate these basic economic principles of value. Instead, both Tether and Dai have values pegged to the U.S. dollar. This is done to stabilize the price.

Maker Historical Data

Date Price Volume MarketCap

Maker Markets / Exchanges

# Exchange Pair Price Volume (24h) Updated

Maker Twitter News Feed

The #Crypto Opportunity Meetup was successful with many awesome talks. Thanks to our main sponsors @MakerDAO & @AaveAave. I talked about #Dai, #XPOS etc. & a pre-recorded video from Aave played & explained to the audience.

Follow @defiafrica for more events & details.
#DeFi

4

Let's get spooky! 👻

We are happy to announce this years Halloween event, brought to you by @marble_cards and @MakerDAO 🎉

All info on @Cent https://beta.cent.co/johan/+usqx01

Multiple Governance Polls have been added.
Voters are now able to signal their support to:

🟢Add GUSD (@Gemini) as a collateral type
🟢Add PAXG (@PaxosGlobal) as a collateral type

MKR holders can signal their support at http://vote.makerdao.com

More:
https://blog.makerdao.com/governance-polls-october-26-2020/

Dai is used all over the world.
Some of the top use cases include:

Inflation protection
DeFi products & services
Gaming
Digital Art
E-commerce

Read about each one in detail:

https://blog.makerdao.com/the-top-five-ways-the-dai-stablecoin-is-used-around-the-world/

An Executive Vote has been added to:

📈Increase the surplus buffer from 2M to 4M
🔮Whitelist B.Protocol on the ETHUSD Oracles (Medianizer + OSM)

More info can be found here: https://blog.makerdao.com/executive-vote-october-23-2020/

MKR holders can vote at the NEW voting portal here: http://vote.makerdao.com

Did you know Maker has weekly informal Governance Q&A sessions anyone can join to understand more about how Governance works?

If you have any questions, this is the place to ask them and learn:

https://forum.makerdao.com/t/meeting-governance-q-a-sessions/4633

@MakerDAO joins forces with CryptoLocally to build more P2P communities globally!

With this partnership, we can improve accessibility to #Cryptocurrency & Financial services for everyone across the globe. 🚀
#Defi #CryptoForEveryone

Learn more👇👇
https://cryptolocally.medium.com/cryptolocally-partners-with-makerdao-to-increase-the-accessibility-of-defi-around-the-world-fa07df6afc2b

Excited to announce the new Maker Voting Portal! 🗳️

Completely redesigned with a focus on ease-of-use, it includes a TON of changes:

📄A new landing page with a quick overview of what actions are available to take right now, system stats, and highlighted recent votes.

Just released!

Our podcast with Greg DiPrisco @g_dip of @MakerDAO

We discuss stablecoins - what are they anyways? - and the world of Maker and Dai 🤓

This episode is 🔥🔥🔥

We are on Spotify and Apple under the Ether Capital Podcast - check it out!

https://podcasts.apple.com/ca/podcast/ether-capital-podcast/id1533981524

Multiple Governance Polls have been added.
Voters are now able to signal their support to/for:

A series of Greenlight Polls for potential collateral types:
🟢UNI-V2-USDT-ETH (Uniswap USDT-WETH Liquidity Tokens)
🟢aUSDC (Aave USDC)
🟢CRO (http://Crypto.com Coin)

More 👇

FriDAI Brunch #6 is going to be a good one!
It will focus on inclusion and diversity while sharing learnings, advice, and encouragement from some of our friends in the space.

Sign up here:
https://www.crowdcast.io/e/fridai-brunch-6/register

Revealing our 3rd panel. We have @snarkyzk, @RuneKek , @hal2001 & @mhluongo discussing how DeFi infrastructure can design more secure economic systems
#defi #OldFriendsReunion

https://eventbrite.hk/e/iosg-7th-old-friends-reunion-defi-summit-2020-tickets-122011376311

An Executive Vote has been added to:

🔒Add ETH-B Vault Type

More info can be found here: https://blog.makerdao.com/executive-vote-october-16-2020/

MKR holders can vote at http://vote.makerdao.com

1/ Hunting is live on The Dapp List!🍾

Anyone in the crypto realm can now start hunting Dapps that they would like to be listed on TDL using DAI (@MakerDAO). Voting starts next week.

In return for your diligence, you will be rewarded with TDL tokens!

⚔️ https://hunt.thedapplist.com

Ethereum has delivered many mind-boggling innovations - @MakerDAO was one of the first. But Ethereum is pushed to its limits thanks to DeFi. @RuneKek joins #investeth on whether Eth 2.0 addresses these pain points.

Register: https://trib.al/eugiI5J

Don't miss the virtual discussion "How Stablecoins Will Drive Mainstream Growth & Adoption in the Cryptoeconomy" with @nad8802 @DarrenSoto @sheila_warren @waichi3 @cmesi & the Blockchain Association’s Kristin Smith.

Tune in today at 1pm PST: https://hopin.to/events/blockchain-association-commemorates-hispanic-heritable-month-with-congressman-darren-soto

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