General information | |
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Global rank: | 58 |
Name: |
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Symbol: | MKR |
Current coin price (KWD): | 485.14 د.ك |
Last hour: | arrow_upward0.730 % |
Last 24 hours: | arrow_downward-3.36 % |
Last 7 days: | -1.90 %trending_down |
Capitalisation (KWD): | 426 753 854.13 د.ك |
Volume 24h (KWD): | 21 313 799.69 د.ك |
Available supply: | 879 659.00 MKR |
Total coin supply: | 1 000 000.00 MKR |
Maker (MKR) website: | - |
Maker/Kuwaiti Dinar (MKR/KWD) price chart
Maker/Kuwaiti Dinar (MKR/KWD) 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).