MKR

Maker

№ 59
MKR Price Now
$1 USD
+7.04%
Deposit Trade
Date of Issue: 24.11.2017
Maker (MKR) serves as the governance token for both MakerDAO and the Maker Protocol.... More
24H Value
65.96 M
Market Cap(USD)
848.07 K
Circulating
848.07 K
Total Supply
874.32 K

(MKR) Maker Live Price Data

The live Maker (MKR) price is 1, with a 24 hours Blynex trading volume of 65.96 M. The price of Maker changed by 7.04% in the past 24 hours. With a circulating supply of 848.07 K MKR and a maximum supply of 874.32 K MKR coins. Maker currently ranks #59 in market cap. You have the option to purchase Maker (MKR) on the Blynex exchange.

About Maker (MKR)

Maker (MKR) serves as the governance token for both MakerDAO and the Maker Protocol. Buying MKR on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Maker (MKR).

 

What is Maker (MKR)?

Maker (MKR) serves as the governance token for both MakerDAO and the Maker Protocol, which are decentralized entities operating on the Ethereum blockchain. These platforms enable users to create and manage the DAI stablecoin, providing a decentralized solution for stable digital currency. MKR gives holders voting power in the decision-making process regarding the future of the Maker ecosystem.

 

The Birth of Maker

Launched in December 2017, Maker was conceived in 2015 with the goal of creating a decentralized cryptocurrency with a stable value, pegged to the US dollar. The project manages DAI, a community-driven stablecoin that aims to offer a decentralized alternative to traditional fiat-backed currencies, making it a key player in the stablecoin space.

 

MKR as a Governance Token

MKR tokens function as governance shares within the Maker ecosystem. While they do not offer dividends, holders gain voting rights that influence the development of the Maker Protocol. As the success of DAI grows, MKR is expected to appreciate in value, aligning the interests of its holders with the broader success of the Maker platform.

 

A Pioneer in DeFi

Maker is one of the foundational projects in decentralized finance (DeFi), an emerging sector focused on creating decentralized financial services using blockchain technology. By leveraging Ethereum's smart contracts, Maker has played a crucial role in advancing DeFi and has become a cornerstone of decentralized finance products.

 

The Future of Maker and DAI

Maker continues to evolve as it supports the growth and stability of DAI. With its decentralized governance model and role in DeFi, the Maker Protocol is positioned to lead innovation in the stablecoin and DeFi markets, offering a more transparent, decentralized alternative to traditional financial systems.

MKR to local currency

  • MKR to USD
    1,291.488  
  • MKR to EUR
    1,193.525  
  • MKR to AUD
    2,068.961  
  • MKR to KRW
    1,901,085.573  
  • MKR to JPY
    193,505.351  
  • MKR to GBP
    999.472  
  • MKR to INR
    110,397.453  
  • MKR to CAD
    1,858.668  
  • MKR to AED
    4,742.989  
  • MKR to RUB
    108,178.962  

MKR to crypto currency

  • MKR to BTC
    0.0156231270  
  • MKR to ETH
    0.7075146800  
  • MKR to USDT
    1,291.913  
  • MKR to BNB
    2.133  
  • MKR to SOL
    10.372  
  • MKR to XRP
    619.544  
  • MKR to ADA
    1,855.542  
  • MKR to TRX
    5,458.096  
  • MKR to LTC
    15.548  
  • MKR to TON
    313.348