$1,290.16
-$97.50 (-7.03%)
Past 1 day
Volume (24H)
$22.82K
Circulating Supply
844.5K
Market Cap
$1.127B
About Maker (MKR)
Maker is the governance token of the Maker Protocol that manages the Dai stablecoin.
Maker was first described in a white paper published by MakerDAO, a Decentralized Autonomous Organization or DAO, in 2017. MakerDAO developed Dai, a crypto-collateralized stablecoin, and the Maker Protocol, the system of smart contracts that underpin Dai. Maker grants holders the ability to participate in the scientific governance of the Maker Protocol. Holders can vote on changes to the Maker Protocol and thereby manage the financial risks of Dai.
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Maker Cryptopedia articles
How DAO Frameworks Can Facilitate DeFi Governance
Cryptopedia Staff • 6 min read
How MakerDAO Pioneered Decentralized Finance
Cryptopedia Staff • 4 min read
See more
Maker links and resources
The whitepaper
Maker website
