Home Coins Maker (MKR)

Maker (MKR)

Maker is an asset-backed decentralized “stable coin” based on the Ethereum blockchain. Stable coins are a revolutionary approach to digital money as they remove large price volatilities in the coins.

Maker’s autonomous smart contract system is designed specifically to react to market fluctuations, keeping the price of 1 Dai equivalent to US$1. Each Dai is backed by Ether tokens as collateral, and is secured with an Ethereum smart contract.

In the event that the price of Ether drops below the predetermined threshold, the smart contract would automatically liquidate, keeping the collateral at a safe level and therefore preventing the Dai token from collapse.

By holding a MKR token, you become a member of Maker’s DAO and are entitled to certain rights as defined in Maker’s technical documents.

MakerDAO weblog has moved

0
Please see the newest MakerDAO information, updates, and extra at weblog.makerdao.com!MakerDAO weblog has moved was initially revealed in MakerDAO on Medium, the place...
NewBanners 02 5 1024x512

Decrease the Sai Stability payment by 1% to a complete of 4% per 12...

0
The Maker Basis Interim Threat Workforce has positioned an Government Vote into the voting system, which is able to allow the group to vote...
Frame 7 1024x525

Foreign money Re-imagined for the World: Multi-Collateral Dai Is Dwell!

0
At this time, at 16:00 UTC, Multi-Collateral Dai (MCD) launched! Starting instantly, anybody, anyplace can improve their Sai to Dai simply via MakerDAO’s Migration...
stablecoin use cases 1024x525

Introducing Oasis Borrow and Save

0
Information, tales, and bulletins from Maker. ...

Creating the Model Id for the World’s First Unbiased Forex, Dai

0
Information, tales, and bulletins from Maker. ...
saving rate NEW 2

Why the Dai Financial savings Charge is a Sport-Changer for the DeFi Ecosystem, and...

0
Cryptocurrencies, particularly stablecoins like Dai, enable folks in all places to attain monetary independence, no matter their circumstances and with out assist—or interference—from...
NewBanners 02 5 1024x512

The Votes Are In: MCD Is Authorized!

0
At  22:25 UTC right now, MKR holders made historical past, ratifying the gathering of system parameters wanted to activate Multi-Collateral Dai (MCD), and...
NewBanners 02 5 1024x512

Govt Vote: Multi-Collateral Dai Launch – November 18, 2019

0
Information, tales, and bulletins from Maker. ...

Single-Collateral Dai to Multi-Collateral Dai Improve Timeline and Actions

0
Information, tales, and bulletins from Maker. ...
NewBanners 2 06 1024x512

Governance Ballot: Stability Charge Adjustment

0
Information, tales, and bulletins from Maker. ...

What to Count on With the Launch of Multi-Collateral Dai

0
The discharge of Multi-Collateral Dai (MCD) is barely 10 days away and can mark an enormous milestone reached for the MakerDAO undertaking. MCD...
NewBanners 02 5 1024x512

Decrease the Stability Charge by 0.5% to a complete of 5% per 12 months...

0
Information, tales, and bulletins from Maker. ...

Governance Ballot: Migration Threat Assemble Proposal

0
Maker Basis Interim Threat Group PLEASE READ IMPORTANT DISCLAIMERS HERE Introduction On November 18th, 2019, the Maker Protocol is scheduled to improve to a brand new model...
NewBanners 2 06 1024x512

Governance Ballot: Stability Payment Adjustment

0
Information, tales, and bulletins from Maker. ...
cdp new 1024x525

Making Maker: October 2019

0
October was all in regards to the Multi-Collateral Dai launch date announcement, Dai person development, and, after all, DevCon 5 in Osaka, Japan.  There’s...

Say Goodbye to CDPs and Howdy to Maker Vaults

0
Information, tales, and bulletins from Maker. ...
blog header dai 1024x525

Take a look at Your Favourite Dapps Pre-MCD Launch

0
The deliberate launch of Multi-Collateral Dai (MCD) is November 18—lower than three weeks away! To make sure a clean improve from Single-Collateral Dai...

Ought to we preserve not less than a 10 million Dai buffer within the...

0
Information, tales, and bulletins from Maker. ...
NewBanners 2 06 1024x512

Governance Ballot: Stability Payment Adjustment

0
Information, tales, and bulletins from Maker. ...
NewBanners 02 5 1024x512

Decrease the Stability charge by 4% to a complete of 5.5% per yr

0
The Maker Basis Interim Danger Group has positioned an Govt Vote into the voting system, which can allow the neighborhood to vote for a...
NewBanners 2 07 1024x512

MCD Safety Roadmap Replace: October 2019

0
The Maker Basis's highest precedence is the safety of the Maker Protocol. As such, now we have devoted many assets (inside and exterior)...
NewBanners 2 06 1024x512

Governance Ballot: Stability Price Adjustment

0
Information, tales, and bulletins from Maker. ...
NewBanners 02 5 1024x512

Decrease the Stability payment by 1% to a complete of 8.5% per yr.

0
The Maker Basis Interim Threat Crew has positioned an Government Vote into the voting system, which can allow the group to enact a brand...
1571072601 NewBanners 2 06 1024x512

Governance Poll: Stability Fee Adjustment

0
Information, tales, and bulletins from Maker. ...
NewBanners 02 5 1024x512

Lower the Stability fee by 1% to a total of 9.5% per year

0
The Maker Basis Interim Threat Staff has positioned an Government Vote into the voting system, which is able to allow the neighborhood to enact...
1*EBf4L946Mq9czJfWFSfmHQ

MakerDAO and Airtm Partner to Empower Financial Stability in South America

0
MakerDAO has joined forces with Airtm, a platform that helps folks all around the world entry {dollars} and defend their financial savings from...
Raise the Stability fee by 3 to a total of

Raise the Stability fee by 3% to a total of 14.5% per year.

0
The Maker Basis Interim Danger Group has positioned an Govt Vote into the voting system, which is able to allow the neighborhood to...
0*LYggHhs75Ss63RIV

Don’t Miss MakerDAO’s Blockchain Week Events in Cape Town, April 18–21

0
Blockchain Week ZA in Cape City, South Africa, is just some days away, and representatives from the MakerDAO workforce might be there to...
Raise the Stability fee by 3 to a total of

Upgrades to the Maker Ecosystem Foundation Structure

0
The previous 12 months has been one in every of implausible progress for MakerDAO. Dai continues to be broadly revered throughout the cryptosphere...
Raise the Stability fee by 3 to a total of

MakerDAO Collaborates on South Korean Local Government Projects with VANTA Network and HYCON…

0
Following the official launch of the Nationwide Relayer Marketing campaign in Korea in March 2019, the MakerDAO Korean group labored carefully with its...
503FansLike
694FollowersFollow
2,170SubscribersSubscribe
USD - United States Dollar
EUR
1.11
GBP
1.31
CHF
1.01
NOK
0.11
JPY
0.01
CAD
0.75
AUD
0.68
bitcoin
Bitcoin (BTC) $ 7,425.90
ethereum
Ethereum (ETH) $ 148.01
ripple
XRP (XRP) $ 0.223595
tether
Tether (USDT) $ 0.998848
bitcoin-cash
Bitcoin Cash (BCH) $ 211.45
litecoin
Litecoin (LTC) $ 44.91
eos
EOS (EOS) $ 2.71
binancecoin
Binance Coin (BNB) $ 15.55
bitcoin-cash-sv
Bitcoin SV (BSV) $ 95.80
cardano
Cardano (ADA) $ 0.037659