What is Maker (MKR)?

Website: https://makerdao.com/en/

Maximum Supply: 1.005.577 MKR

Total Supply: 991.340 MKR

Circulating Supply: 991.340 MKR

Explorer: Maker Explorer 

Whitepaper: Maker Whitepaper

What is Maker (MKR)?

Maker (MKR) is a cryptocurrency of MakerDAO and Maker Protocol, allowing users to issue and manage the DAI stablecoin. First conceived in 2015 and fully launched in December 2017, Maker is a project whose mission is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft pegged to the US dollar. The Maker ecosystem is one of the oldest projects in the decentralized finance (DeFi) scene. It is the industry that aims to build decentralized financial products on top of smart contract-enabled blockchains such as Ethereum. MKR is an ERC-20 token, meaning it is run and secured by the Ethereum blockchain. In contrast, Ethereum is secured with the Ethash proof of work functionality.

Who is the Founder of Maker (MKR)?

The first entity in the Maker ecosystem, MakerDAO was founded in 2015 by Rune Christensen, an entrepreneur from Denmark. Christensen graduated from the University of Copenhagen with a degree in biochemistry and studied international business at the Copenhagen Business School. Prior to MakerDAO, he founded and managed the Try China international recruiting company.