Investment and technology themes
KANDO id: 4759905

Token information

Also known as
MKR

Blockchains

Smart contract
0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2

Affiliations
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.

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

Price history