Maker (MKR) logo
Maker (MKR) logo

Maker (MKR) Price and Reviews

Contact
Country: International
Launched: 2017
Site: makerdao.com
Market cap: $ 1,505,805,262.8962
Supply: 919,822.69997
Symbol: MKR
Price (USD): $ 1,637.621
Volume 24h: $ 23,380,942.13619
Change 24h: -3.81%
Expert Review
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.

Our Score
Transaction speed 4 / 5
Technology 5 / 5
Security 4 / 5
Investment potential 4 / 5
Reputation 4 / 5
Our Score
4.2 / 5
Pros and Cons
pros

Stability

cons

Limited potential for returns

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User reviews
Lily 16 November 2021
4.0

Not the one I'd recommend for a long-term holding.

Nicky K 15 November 2021
4.0

Got no problems so far. Nice.

Peter 12 November 2021
4.0

Quite a nice coin. I recommend.

Country: International
Launched: 2017
Site: makerdao.com
Market cap: $ 1,505,805,262.8962
Supply: 919,822.69997
Symbol: MKR
Price (USD): $ 1,637.621
Volume 24h: $ 23,380,942.13619
Change 24h: -3.81%
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