Maker (MKR)

Backbone of asset backed stablecoin DAI

#28

Marketcap Ranking

458.1662 (1.25%) arrow_drop_up

Market Price (24h change)

460,721,405

Total Market Cap

3.3

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info_outline What is Maker

3.7

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Maker Short Description

The Dai Stablecoin is a collateral-backed cryptocurrency whose value is stable relative to the US Dollar. We believe that stable digital assets like Dai Stablecoin are essential to realizing the full potential of blockchain technology.

Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform.

Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long-term savings. Importantly, the generation of Dai also creates the components needed for a robust decentralized margin trading platform..

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Maker Explanation Video

Is XRP A Sleeping Giant Simply Explained! [Ripple Cryptocurrency Altcoin] | Bitcoin Money Maker

Is Ripple A Sleeping Giant Simply Explained! Best Cryptocurrency Market Binance https://www.binance.com/?ref=25992167 Litecoin Donation ...

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Screenshot from Website

makerdao.com
Maker Websitemore_vert

Visit Webpage

Website Informationclose

Organization: Whois Privacy Service
Name: On behalf of makerdao.com owner
Country: US
City: Seattle
Zipcode: 98108-1226
Address: P.O. Box 81226
Mail: registrar-abuse@amazon.com
Creation date: 2015-03-17
Expiration date: 2021-03-17
Nameserver: GUY.NS.CLOUDFLARE.COM

build Maker Product Analysis

4.8

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Maker Whitepaper

Maker (MKR) is a utility token, governance token and recapitalization resource of the Maker system.


The whitepaper of Maker is 21 Pages long.

The most influencial keywords are: Collateralized, Market, Price, Pricing, Debt, Risk, Platform, User, Governance, and Governments.

file_downloadOpen Whitepaper
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Maker Competitors

  • 1.) Veritaseum

    Veritaseum builds blockchain-based, peer-to-peer capital markets as software on a global scale. We enable the seamless connection of parties and assets without the need for a third or authoritarian interest. Any entity with internet access can participate in these capital markets on a peer-to-peer and one-on-one basis.

  • 2.) Kin

    Kin is a cryptocurrency designed to bring people together in a new shared economy. KIN is swapping token from ERC-20 Ethereum to KIN blockchain based on Stellar.

  • 3.) Gnosis

    Gnosis builds revolutionary market-driven forecasting technology to let you shape the future.

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Maker Product Analysis

Maker was founded back in August 2015. Its source code was released publicly on github on October 2018 under the GNU Affero General Public License v3.0 license.
Organization wise, Makers Development is Centralized and is being developed under the lead of Greg Diprisco.

The consensus on which the Maker network is run is called Not mineable, while the underlying algorithm is called None.
In the current state of Maker currently is Working product

group Maker Community Analysis

2.6

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Maker Communities & Events

Learn more about Maker, chat with the team, and have your say in shaping the future of commerce on the blockchain.

view_list r/MakerDAO Subreddit
person 14,458 Subscribers
directions_run 395 Active Users
create 5 Daily Posts
speaker_notes 21 Daily Comments
linkOpen Subreddit

view_list Telegram: Contact @MakerdaoMKR Channel
person Members
directions_run Online
linkOpen in Telegram

Official Twitter account for Maker

view_list @MakerDAO Channel
person 47,566 Followers
07.09.2020
19:55
Maker Governance approves Kyber, Infura, Etherscan, and Gitcoin as Light Feeds for MakerDAO's Oracles. With each new feed, the Maker Protocol becomes further decentralized by removing central points of failure. See how: https://t.co/mvQmMYueOk 163 favorite
07.09.2020
17:52
500 #Dai up for grabs for all of you Axie trainers out there! https://t.co/xvbfDi76C6 18 favorite
07.09.2020
16:23
Maker Protocol NFT badges coming soon....! https://t.co/ZqBmmUxUeD 46 favorite
07.07.2020
16:22
How #DeFi is augmenting the global financial system: https://t.co/EjtDB9kiLN https://t.co/zsxLsJOQvB 132 favorite
07.06.2020
14:27
An Executive Vote has been added to: 📈Raise the ETH Debt Ceiling 20M to a new limit of 160M MKR holders can vote at https://t.co/g9vSgxm089 More info here: https://t.co/KCkbDT2P0V 72 favorite
07.06.2020
13:59
https://t.co/kgOcoFUEJE https://t.co/gVOYPvtUNm 125 favorite
07.03.2020
16:42
An Executive Vote has been added to: 🔮Add Multiple Oracle Feeds ⬆️Raise the USDC-A Stability Fee to to 4% ⬆️Raise the USDC-A Debt Ceiling to 40 Million ⬆️Raise the WBTC Stability Fee from 1% to 2% ⬆️Raise the WBTC Debt Ceiling from to 20 million More below ⬇️ 44 favorite
07.02.2020
20:58
Get caught up on all things Maker Governance that happened in June here in the latest recap: https://t.co/hBBWnzfhn7 27 favorite
07.02.2020
16:17
The Maker Foundation is offering a 25,000 Dai prize to the winner of the @reddit & @ethereum scaling competition! When Ethereum wins, #DeFi wins, and the Foundation hopes that the prize will get those on the fence about entering to submit their ideas 📨 https://t.co/PxqeVjNLpg 170 favorite
07.02.2020
15:39
Join us tomorrow for FriDAI Brunch. We'll be talking all things #DeFi in India and Malaysia. Details below 👇 https://t.co/XUtxqgkb5k 20 favorite

There are no events for Maker in the next 3 Months

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Maker Google Trends


The Google Trends chart displays the search interest on google in Maker relative to its peak over the last year. A rising chart shows growing interest int he project.

code Maker Development Analysis

3.6

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Maker Github Analysis

Code Updates (Commits)


Every change to the codebase of Maker is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 333 Stars
remove_red_eye 41 Watchers
usb 84 Forks
sync_problem 3 Open Issues
border_color 0 Comment Coverage
lock_open GNU Affero G License

attach_money Maker Price Analysis

2.8

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Maker Price Prediction

$ 451.6249 (-1.33%) arrow_drop_down

Predicted USD Market Price in 24h by Coinpaper

$ 424.4001 (-7.28%) arrow_drop_down

Predicted USD Market Price in 14d by Coinpaper

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Converter MKR - USD

Convert between MKR and USD with the live Maker prices, aggregated from all big exchanges that trade Maker.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle Maker Team Analysis

4.8

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Maker Team

Maker Team Leader

Rune Christensen - Ceo
Chief Executive Officer and Cofounder of MakerDAO. Since 2015, he has focused on establishing the vision and organizational structure of the Maker Decentralized Autonomous Organization and the economic foundations of the Dai stable digital currency. Previously, he served as co-founder of Try China, a company providing international recruiting.


supervisor_accountSocial Network Links

Maker Team Members (55)

launch

Greg Diprisco

Head of business development

launch

Soren Peter Nielsen

Head of product

Steven Becker

President & coo

launch

Andy Milenius

Cto

Bartek Kiepuszewski

Head of product

Lev Livnev

Economic research lead

Wouter Kampmann

Integrations pm

launch

Coulter Mulligan

Head of marketing

Henry Doe

Head of ux & design

launch

Mike Porcaro

Head of communications

launch

Jacek Czarnecki

General counsel

compare_arrows Maker Exchanges

Maker Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Coinbase Pro MKR/USD $ 457.9733 $ 528,970 check
# 2 Bitfinex MKR/USD $ 455.9300 $ 9,796 check
# 3 Bitfinex MKR/BTC $ 458.3037 $ 1,960 check
# 4 Bitfinex MKR/DAI $ 453.4599 $ 152 check
# 5 Bitfinex MKR/ETH $ 455.0743 $ 46 check
# 6 Coinbase Pro MKR/BTC $ 459.6362 $ 113,454 check
# 7 OKEx MKR/USDT $ 460.4199 $ 1,279,163 clear
# 8 OKEx MKR/BTC $ 458.9885 $ 725,142 clear
# 9 OKEx MKR/ETH $ 458.5555 $ 289,033 clear
# 10 Bkex MKR/ETH $ 449.6608 $ 257,220 clear

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