The $MKR token is the native token that governs the MakerDAO, a digital community that owns and operates $MKR, as well as the Maker protocol. Most people know Maker for the Dai stablecoin, a token that directly reflect the value of the United States dollar. Owners of the $MKR token have voting rights to decide the future of the Maker protocol and Dai.
The Maker Protocol is known predominantly for decentralized finance use cases. While you can trade the $MKR token or purchase $MKR to participate in Maker governance, the main output/focus of the project is the Dai stablecoin. Maker's strengths lie in its robust management of Dai and its very strong community. We believe the MakerDAO community may have an even bigger impact on the crypto community moving forward. With its history of stability around Dai, Maker deserves the respect it gets.
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Maker is apowered by,uses to validate transactions,and is.Maker also supports.
Interesting facts about Maker
Here are some facts you may not already know about Maker. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
The Maker Protocol was one of the first decentralized finance protocols to gain mainstream popularity.
The $MKR token is a a governance token that allows owners to vote on the platform.
MakerDAO produces the Dai stablecoin.
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Maker price and insights
See how much Maker is worth and learn from other insightful metrics
-0% past 1 week
Based on 1 community reviews
Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members -
# Telegram members 14,291 3% of them are active
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Maker, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.