| General information | |
|---|---|
| Global rank: | 4151 |
| Name: |
Maker |
| Symbol: | MKR |
| Current coin price (PHP): | 88 203.58 ₱ |
| Last hour: | arrow_downward-1 % |
| Last 24 hours: | arrow_downward-1.47 % |
| Last 7 days: | 8.99 %trending_up |
| Capitalisation (PHP): | 0.000000 ₱ |
| Volume 24h (PHP): | 10 992 360.69 ₱ |
| Available supply: | 0.000000 MKR |
| Total coin supply: | 1 000 000.00 MKR |
| Maker (MKR) website: | - |
Maker/Philippine Peso (MKR/PHP) price chart
Maker/Philippine Peso (MKR/PHP) 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).