Maker (MKR) Price and Reviews

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Site: makerdao.com

Market cap: $ 3,221,408,760.7748

Supply: 995,239.77132

Price (USD): $ 3,237.82

Volume 24h: $ 20,453,104.2049

Change 24h: -7.11%

Smart contract address: 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2

Total supply: 1,000,000.0

Total coins mined: 1,005,577.74633

Is trading: yes

Block reward: 0.0

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May 23, 2020

Maker (MKR) is a smart contract platform based on Ethereum blockchain. It is the very first DAO project. The platform hosts ERC20-based stablecoin called "DAI". DAI is pegged to the US dollar. What makes Dai different from other stablecoins is the fact that DAI is a decentralized asset backed by Ethereum smart contracts. The stability of Dai price is maintained via the price targeting mechanisms. The Maker platform allows trading ERC20 tokens for DAI coins. Another native token on the Maker platform is MKR. The holders of this coin can vote for the most important changes to the platform.

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