| General information | |
|---|---|
| Global rank: | 58 |
| Name: |
Maker |
| Symbol: | MKR |
| Current coin price (ZAR): | 29 769.52 R |
| Last hour: | arrow_upward0.730 % |
| Last 24 hours: | arrow_downward-3.36 % |
| Last 7 days: | -1.90 %trending_down |
| Capitalisation (ZAR): | 26 187 010 141.82 R |
| Volume 24h (ZAR): | 1 307 884 353.29 R |
| Available supply: | 879 659.00 MKR |
| Total coin supply: | 1 000 000.00 MKR |
| Maker (MKR) website: | - |
Maker/South African Rand (MKR/ZAR) price chart
Maker/South African Rand (MKR/ZAR) 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).