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Maker current price is $1,560.06.

Maker current price is $1,560.06 with a marketcap of $1.42 B. Its price is 6.25% up in last 24 hours.


Buy / Sell Maker
  • maker
    Maker (MKR)
  • Live Price
    $1,560.06
  • 24h %
    6.25%
  • Market Cap
    $1.42 B
  • Volume
    $225.98 M
  • Available Supply
    902,359 MKR
  • Rank
    31

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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

An Executive Vote has been added to the voting portal to:

📝Whitelist @SetProtocol on Multiple Oracles
↕️Stability Fee Changes
📝Whitelist @gnosisPM on Multiple Oracles
🛠️Adjust FLAP Auction Parameters
📈Increase System Surplus Buffer from 4M to 10M

More 👇

NOWPayments is proud and happy to support #DAI! 😍
@MakerDAO is about complete #decentralization 👍

Its #crypto DAI is price-stable and available for anyone 🌎

NOW, you can accept $DAI as payment! Make use of DAI advantages for your #business!
https://nowpayments.io/supported-coins/

This piece (with all it's layers) was sold completely using #stablecoin $dai.

This couldn't have happened at a better time, with so much volatility in the crypto markets right now. 🙏🌴❤️

Expect more programmable 3D still lives from me on @AsyncArt.

@MakerDAO #cryptoart https://twitter.com/AsyncArt/status/1349428896475664384

Async Art@AsyncArt

Congrats to @carlosmarcialt for completely selling "Art Is The Currency of the Infinite" for $DAI on @opensea!

Total sale: $4,160

Congrats to @zaphodok for snatching up the rest of the Layers in this modern #AsyncArt #stilllife!

#ProgrammableArt #NFTs #3DRender

We are excited to enable @MakerDAO ‘s 🪙 DAI token usage for the Landowners within the @LeagueKingdoms ecosystem. In the upcoming 1st Land flash sale on the 13th of January, gamers can use DAI tokens to make the Land NFTs theirs!!🔥🔥

A Governance Poll has been added to the voting portal to signal support for/against the following inclusion polls:

🛠️CropJoin - Farmable cUSDC Adaptor (MIP30)
👷‍♂️Onboarding Sébastien Derivaux to the Risk Domain (MIP7c3-SP5)

More 👇

In these uncertain times, let's start new year in the best spirit! Almost ready for the next #FriDAIBrunch talking about Prediction Markets w/ representatives of the awesome @gnosisPM & @TryPlotX. I am myself SUPER EXCITED to learn more about the topic. https://www.crowdcast.io/e/fridai-brunch-8

You have spoken! We’re proud to mention that we are using DAI as our new currency to support global conservation. DAI being the defacto truly decentralized crypto currency and a more stable store of value for our conservation partners. @MakerDAO this banana’s for you! 🍌🦍
#DAI

One of the motivations for the Art Blocks upgrade immediately after our first week was to implement the ability for artists to accept ERC20 tokens in exchange for their work. Super excited to see a project accepting @MakerDAO's DAI token and grateful that projects like DAI exist! https://twitter.com/DaimAlYad/status/1346568678700146689

Daïm 💎 (DaimAlYad.eth) · BLM@DaimAlYad

Friends, collectors, cryptofam, lend me your ears! 👀

Cryptoblots, my pareidolic cryptoart collectible series on @artblocks_io, is hereon going to be buyable exclusively with @MakerDAO's decentralized $DAI stablecoin:

https://artblocks.io/project/3

1/9 4

🚩 MakerDAO Community Call in 30 mins 🚩
9AM PST | 5PM UTC | 12PM EST | 6PM CET

🎉2021 Kickoff!🎉

👀2020 Recap
💎2021 Expectations
🧠MIPs Overview

Join and participate in the call!
https://www.crowdcast.io/e/the-makerdao-community-25/register

An executive vote has been added to the voting portal to:

📈Increase ETH-A Debt Ceiling
📈Increase USDC-A Debt Ceiling

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

More: https://blog.makerdao.com/executive-vote-january-4-2021/

An executive vote has been added to the voting portal to:

🪙Onboard $Aave (@AaveAave) as a new Collateral Type
🪙Onboard UNI-V2-DAI-ETH (@UniswapProtocol V2 DAI-ETH LP Token) as a new Collateral Type

More 👇

Splinterlands teams up with MakerDAO through their Gaming Initiative.

https://peakd.com/splinterlands/@splinterlands/splinterlands-teams-up-with-makerdao-through-their-gaming-initiative

http://DaiStats.com is one of the best resources to see the size and health of the Maker Protocol in real-time.

It's also a great introduction to how the Protocol works. Check out the below guide on how to read Dai Stats and get familiar:

https://blog.makerdao.com/a-guide-to-dai-stats/

Rune Christensen, our founder will be speaking at #SCB10X “REDeFiNE TOMORROW”, a Global DeFi & Blockchain Virtual Summit tomorrow at 4.00 PM BKK Time about "The future of DeFi and the Role of Real world assets". Register for free: https://www.zipeventapp.com/e/REDeFiNETOMORROW
#SCB10XREDeFiNETOMORROW

We will be presenting our @MakerDAO DAI Risk Monitoring dashboard in 1 hour 📊 - 12pm EST! Join us to learn more about the tool 🧑‍💻: https://www.crowdcast.io/e/the-makerdao-community-24

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