General information | |
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Global rank: | 58 |
Name: |
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Symbol: | MKR |
Current coin price (JMD): | 250 488.97 J$ |
Last hour: | arrow_upward0.730 % |
Last 24 hours: | arrow_downward-3.36 % |
Last 7 days: | -1.90 %trending_down |
Capitalisation (JMD): | 220 344 747 903.83 J$ |
Volume 24h (JMD): | 11 004 900 771.52 J$ |
Available supply: | 879 659.00 MKR |
Total coin supply: | 1 000 000.00 MKR |
Maker (MKR) website: | - |
Maker/Jamaican Dollar (MKR/JMD) price chart
Maker/Jamaican Dollar (MKR/JMD) capitalisation and volume charts
Maker DAO is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token Dai against the IMF’s currency basket SDR. It's token, MKR is a speculative Ethereum based asset that backs the value of the dai, a stable price stable coin issued on Ethereum. Maker earns a continuous fee on all outstanding dai in return for governing the system and taking on the risk of bailouts. Maker’s income is funnelled to MKR owners through BuyBack program (Buy&Burn).