Maker (MKR)
Loading...
Loading...
About MKR
Maker (MKR) is the governance token of the MakerDAO and Maker Protocol, a decentralized finance (DeFi) platform that supports and stabilizes the DAI stablecoin on the Ethereum blockchain. MKR holders have voting rights to manage the Maker Protocol, which includes risk parameters, collateral options, and adjustments to the DAI stablecoin system. Maker Protocol allows users to lock up collateral and mint DAI, a stable, asset-backed currency pegged to the US dollar, which can be used across DeFi applications. The MKR token provides governance rights and helps maintain the stability of DAI, giving holders a significant role in shaping the Maker ecosystem. Users can stay informed on MKR’s real-time prices, historical trends, and the latest governance developments on our Maker Markets page.
Convert Fiat to Maker
News
Charting the TRUMP Leaderboard: Who’s In for Trump’s Meme Coin Feast?
According to onchain records from Arkham Intelligence, an entity known as “SUN” appears to have linked an HTX cold wallet to the forthcoming Donald Trump dinner. Arkham Reports Whale Wallet ‘SUN’ Cracks Top Tier for Trump’s Meme Coin Gala On…
Sovereign Wealth Funds Bet on Bitcoin as Gold Alternative, Says Coinbase Institutional Strategist
John D’Agostino, Head of Strategy at Coinbase Institutional, revealed that sovereign wealth funds and institutional investors have become key drivers of bitcoin accumulation in April, contrasting with retail investors’ retreat from exchange-traded funds (ETFs). Institutional Demand and Sovereign Funds, Not…
Zksync Hacker Returns Stolen Funds, Keeps 10% Reward
The hacker who made off with $5 million in unclaimed ZK tokens complied with the safe harbor deadline and returned the funds, according to the Zksync Association. Hacker Cooperates to Collect Bounty The Zksync Association said the hacker who compromised…
Dubai’s Web 3.0 Momentum Accelerates as Global Stakeholders Gather for Unchained Summit
This content is provided by a sponsor. PRESS RELEASE. Dubai, UAE - Thursday, 24 April 2025: As the city gears up to host the much-awaited Unchained Summit at the Kempinski Central Avenue on 28th and 29th April, a tide of…
Bitcoin Price Watch: Technicals Signal Potential Surge Beyond Resistance
Bitcoin continues to command the spotlight with its current price positioned at $92,454, supported by a market capitalization of $1.83 trillion and a 24-hour trading volume of $37.01 billion. The intraday price action showcased volatility within the range of $91,809…
Frequently Asked Questions about Maker
What is Maker (MKR)?
Maker (MKR) is the governance token for the MakerDAO and Maker Protocol, a decentralized finance platform on Ethereum that issues and stabilizes the DAI stablecoin.
How does Maker work?
MakerDAO allows users to create DAI by locking up collateral assets. MKR holders vote on key governance decisions for the Maker Protocol, including risk management and collateral types, ensuring the stability of the DAI stablecoin.
What makes Maker unique?
MakerDAO pioneered the issuance of decentralized stablecoins, creating DAI. Unlike traditional stablecoins, DAI is collateral-backed and decentralized, governed by MKR holders who vote on its parameters and stability measures.
Where can I buy and trade Maker (MKR)?
You can buy, sell, and trade Maker (MKR) on major exchanges. Our Maker Markets page provides live MKR prices, historical data, and governance updates to help you stay informed.
What are the benefits of using Maker?
Maker provides a decentralized stablecoin (DAI) backed by collateralized assets, enabling users to access a stable currency for DeFi transactions without relying on central authorities or traditional banks.
How can I store my Maker tokens securely?
Store Maker (MKR) securely in compatible wallets such as Ledger, MetaMask, or Trust Wallet, which support MKR storage on the Ethereum network.
What is the role of MKR in the Maker Protocol?
MKR is used for governance within the MakerDAO, enabling holders to vote on adjustments to the DAI stablecoin system, including collateral types, risk parameters, and stability fees.
Is Maker a good investment?
Maker has a significant role in DeFi as the governance token for DAI’s stability. Like all crypto assets, its value is influenced by market conditions, and potential investors should consider their strategies carefully.