Digital asset type
Decentralized credit facility which lends the synthetic dollar-like asset DAI.
Overview
Maker (MKR) is a utility token, governance token and recapitalization resource of the Maker system. It is required for paying the fees accrued on Collateralized Debt Positions (CDPs) used to generate Dai in the Maker system making it a utility token. MKR holders vote for the risk management and business logic of the system using MKR as governance token. A holder can vote for any number of proposals with the MKR they have and submit a new proposal, or cast or withdraw his votes at any point. The voting process is done through continuous approval voting.
Current team
Investors
List of the current and past investors into Maker with their respective financial instruments.| Investor | Profile | Country | Round | |||
|---|---|---|---|---|---|---|
|
a16zcrypto | The blockchain-focused investment arm of Andreessen Horowitz. | United States | N/A | ||
|
Bain Capital Crypto | United Kingdom | N/A | |||
|
Electric Capital | Early stage venture firm focused on cryptocurrencies, blockchain, fintech, and marketplaces. | United States | N/A | ||
|
Placeholder Capital (Placeholder Ventures), (Placeholder VC) | Venture capital firm that invests in decentralized protocols and web3 services. | N/A |
Coin metrics
| Date | |
|---|---|
| Price (USD) | $ 2,271.6100 |
| Circulating supply (units) | 991,328 |
| Market cap (USD) | $ 2,251,908,368 |
| Source | CoinMarketCap OpCo LLC |