Maker (MKR)
Loading...
Loading...
About MKR
Maker (MKR) is the governance token of the MakerDAO and Maker Protocol, a decentralized finance (DeFi) platform that supports and stabilizes the DAI stablecoin on the Ethereum blockchain. MKR holders have voting rights to manage the Maker Protocol, which includes risk parameters, collateral options, and adjustments to the DAI stablecoin system. Maker Protocol allows users to lock up collateral and mint DAI, a stable, asset-backed currency pegged to the US dollar, which can be used across DeFi applications. The MKR token provides governance rights and helps maintain the stability of DAI, giving holders a significant role in shaping the Maker ecosystem. Users can stay informed on MKR’s real-time prices, historical trends, and the latest governance developments on our Maker Markets page.
Convert Fiat to Maker
Fact Sheet
News
13 Bitcoin Time Capsules Crack Open: $27M in 2013 BTC Suddenly Awaken
When bitcoin slipped beneath the $80,000 mark last Thursday, a cluster of 13 long-dormant wallets from 2013 suddenly sprang to life, shifting 325 BTC—now worth $27.4 million—into motion. A Set of 13 Decade-Old Bitcoin Vaults Unlock These days, bitcoin’s price…
Send XRP, DOGE and SHIB As FIAT to Any Bank Account in the World With Remittix
This content is provided by a sponsor. PRESS RELEASE. Every new year brings one project that stands out in the crypto headlines and causes quite a stir among crypto users. More often than not, that token is a DeFi coin.…
XRPTurbo Raises Over 70,000 $XRP In Token Presale, Is This The Ripple Altcoin To Watch Out For In 2025?
This content is provided by a sponsor. XRPTurbo ($XRT) has soared past another major milestone, raising over 70,000 XRP during its highly anticipated presale, and industry analysts believe the presale may wrap up far ahead of schedule. With XRP’s recent…
XRP Price Watch: Bulls Defend Key Support, But Resistance Looms
XRP has surged to $2.36, marking a 5% increase over the past 24 hours, with a market capitalization of $136 billion. Trading volume for the day reached $4.09 billion, as the cryptocurrency moved within an intraday range of $2.22 to…
Bitcoin Bulls Roar: $43M in Short Positions Liquidated in 4 Hours
Bitcoin prices made a dazzling leap on Friday, climbing to an intraday peak of $85,294 per coin. Equities also staged a strong comeback after the S&P 500 tumbled 10% from its record high. Bitcoin’s Bounce Back: From $79K Lows to…
Frequently Asked Questions about Maker
What is Maker (MKR)?
Maker (MKR) is the governance token for the MakerDAO and Maker Protocol, a decentralized finance platform on Ethereum that issues and stabilizes the DAI stablecoin.
How does Maker work?
MakerDAO allows users to create DAI by locking up collateral assets. MKR holders vote on key governance decisions for the Maker Protocol, including risk management and collateral types, ensuring the stability of the DAI stablecoin.
What makes Maker unique?
MakerDAO pioneered the issuance of decentralized stablecoins, creating DAI. Unlike traditional stablecoins, DAI is collateral-backed and decentralized, governed by MKR holders who vote on its parameters and stability measures.
Where can I buy and trade Maker (MKR)?
You can buy, sell, and trade Maker (MKR) on major exchanges. Our Maker Markets page provides live MKR prices, historical data, and governance updates to help you stay informed.
What are the benefits of using Maker?
Maker provides a decentralized stablecoin (DAI) backed by collateralized assets, enabling users to access a stable currency for DeFi transactions without relying on central authorities or traditional banks.
How can I store my Maker tokens securely?
Store Maker (MKR) securely in compatible wallets such as Ledger, MetaMask, or Trust Wallet, which support MKR storage on the Ethereum network.
What is the role of MKR in the Maker Protocol?
MKR is used for governance within the MakerDAO, enabling holders to vote on adjustments to the DAI stablecoin system, including collateral types, risk parameters, and stability fees.
Is Maker a good investment?
Maker has a significant role in DeFi as the governance token for DAI’s stability. Like all crypto assets, its value is influenced by market conditions, and potential investors should consider their strategies carefully.