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Maker current price is $635.84.

Maker current price is $635.84 with a marketcap of $572.81 M. Its price is -1.14% down in last 24 hours.

Buy / Sell Maker
  • maker
    Maker (MKR)
  • Live Price
  • 24h %
  • Market Cap
    $572.81 M
  • Volume
    $11.40 M
  • Available Supply
    901,311 MKR
  • Rank

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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.

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Maker Twitter News Feed

Liquidations have been activated for all USDC-A, USDP-A, and GUSD-A vaults with a collateralization ratio below the minimum of 101%.

You can follow this liquidation event in real time through the following link:


D3M deployed.

5 million fresh newly generated DAI have been deposited into @compoundfinance.


The 🌊D3M🌊 is going to be 🔌connected🔌 to

@MakerDAO will be 🌊flooding🌊 the @compoundfinance market with 💰DAI💰 in order to ↘️dump↘️ the DAI Borrow Rate and ↗️pump↗️ revenues.

How does it work? 🧵↓

A new age in the DeFi lending market has begun.

D3M is connecting to @compoundfinance

This integration will provide a predictable Borrow Rate in Compound by automatically balancing the DAI liquidity via a fully automatic wholesale credit line, enabled by Maker.


This is the #MakerUpDaits!

December has arrived, 2023 is just around the corner...

Meanwhile, MakerDAO, the Maker Protocol, and DAI had a very interesting month in November.

Let's see what happened


This is an important reminder to all USDC-A, USDP-A, and GUSD-A users.

All USDC-A, USDP-A, and GUSD positions with a collateralization ratio below 101% will be liquidated, if the currently active Executive Vote passes.


Today's Executive Proposal is packed with exciting implementations, and has just been enabled on the Maker Governance portal!


MKR holders and Delegates can now use their voting power to execute the following proposed changes to the Maker Protocol


PSM's average GUSD monthly balance closed at ~464 million GUSD for the month of November.

Do you know what that means?

DAI's savings rate is now better than some accounts at Wells Fargo, TD Bank and Chase.

Could it slow the exodus of assets locked on DeFi protocols?

@_bessieliu reports.

The decision is final.

The Dai Savings Rate (DSR) will be increased to 1.00%!

This winning option is the result of a Governance Poll where Maker Governance voted to raise or leave unchanged this fundamental element of the Maker Protocol.


.@CoinbaseInsto announced a rate increase for MIP81!

According to the instances behind MIP81: Coinbase Institutional Rewards, @CoinbaseInsto provided a 30-day advance notice to announce that the 2023 USDC Institutional Rewards rate will be increased from 1.5% to 2.36%.

MakerDAO's Protocol Engineering and StarkNet Core Units have agreed to move today's Executive Vote to this Friday, December 2nd.

In the same way, the Executive Vote scheduled for December 7th has been moved to Friday, December 9th.

Current status of Governance Poll to increase or leave unchanged the Dai Savings Rate (DSR).

1️⃣ Increase the DSR to 1% → 48.65% of the voting power.

2️⃣ Increase the DSR to 0.5% → 39.29% of the voting power.

3️⃣ Leave the DSR unchanged at 0.01% → 12.25% of the voting power.

Maker Governance is voting on a set of parameter changes proposed by the MakerDAO Open Market Committee.


If approved, these changes will impact different Maker Vault, PSM, and D3M parameters.

Here is an overview.



The MakerDAO community is voting on hiking rewards up to 1% for investors in the protocol’s stablecoin, DAI. The move may make DAI more competitive and help mitigate capital outflows from decentralized to traditional finance.

@sndr_krisztian reports

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