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      Maker
      Total Supply
      1000000
      Circulating Supply
      1000000
      Max Supply
      0
      1 MKR =
      617.90166666667
      Change
      20.56 (3.58%)
      About Maker
      Maker is decentralized autonomous organization and smart contract platform that runs on Ethereum. Its comprised of the MKR token and the Dai stablecoin. Maker’s main purpose is to act as a dynami c system to stabilize the value of the Dai against the US Dollar , pegging it at a 1:1 ratio (1 Dai=1 USD). Stablecoins like Dai are a safe haven from the wild volatility of the crypto market. Maker is a good example of the many spectacular products and services that people are building on the Ethereum smart contract platform. As the Dai is generated based on demand in exchange for Ether, usually at a 150% rate. If Ether is trading at 100$ , then you will need 1.5 Ether or 150$ to create the Dai. With 100 Dai valued at 150$ worth of Ether , it might seem like a strange investment. However, if you wish to return the 100 Dai you will always get 150$ worth of Ether, regardless of price fluctuations. This destroys the 100 Dai in the process. The MKR token is the only that can be used to pay the fees for generating Dai and is also used as voting power by MKR holders to decide on the changes brought to the network but also for proposing changes. Read more about Maker Read less about Maker
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      Total Marketcap
      617901666
      Volume
      14.719
      Open
      707.169
      High
      620.50266666667
      Close
      617.90166666667
      Low
      586.75566666667
      Charts
      Maker
      Exchange
      Period
      all 1y 6m 3m 1m 7d 1d
      Index
      Chart Type