Maker (MKR)

Price
$344.24 (-0.15 %)
฿0.03889162 (3.86 %)
Market cap
$346 160 682
฿39 108.51
Volume (24h)
$5 797 247
฿654.96
Supply
N/A
1 005 577 (Available)

Manage the events related to Maker

Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings.
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After millions of dollars worth of ETH collateral was auctioned off for free during Black Thursday's failures, one user is suing the foundation for $28.3 million accusing them of negligent and intentional misrepresentation of the risks of using the protocol. Users were led to believe the maximum los...
In the weekly governance call, CEO of the Maker Foundation Rune Christensen presented the Self-Sustaining MakerDAO Initiative that would result in the dissolution of the Maker Foundation, the key entity leading development and governance of MakerDAO. As part of the new Governance Paradigm, Rune disc...
In the midst of extreme market-wide turmoil, MakerDAO is facing one of its biggest challenges to date. The main form of collateral in the system, Ether, has dropped over 30% in a 24-hour timeframe marking one of the worst days in its short history. This has triggered an unprecedented wave of liquida...

3 coins to keep an eye on 👀