Maker
Also known as
MKR
Blockchains
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 | United States | N/A | |||
|
Bain Capital Crypto | N/A | ||||
|
Electric Capital | Early stage venture firm focused on cryptocurrencies, blockchain, fintech, and marketplaces. | United States | N/A | ||
|
Placeholder VC (Placeholder Ventures) | 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 |