Maker
MakerMKR
$ 597.14Latest price
-0.89 %Change 24H
$ 599.21 MMarket cap
MKR 8.23 KVolume 24H

Maker Quick overview

MKR tokens are created or destroyed in accordance with price fluctuations of the DAI coin in order to keep it as close to $1 USD as possible.

What is Maker?

  • Maker is a smart contract platform on the Ethereum chain that backs and stabilizes the value of stablecoin DAI through a dynamic system of Collateralized Debt Positions (CDP), autonomous feedback mechanisms, and appropriately incentivized external actors.
Maker
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