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How to Buy Maker
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Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Buy MakerEarn up to $2,000 when you buy $50 in crypto
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-0.57%
59
-1.67%
121
1.68%
313
Not enough data
$1.78B
Not enough data
1M MKR
871K MKR
$6.92B
$226.30M
#3,699
Not enough data
$3.67M
2.39%
$22.46M
$93.72M
$6.39K
10.68%
MKR vs markets
↘ 32.22%
MKR vs BTC
↘ 28.98%
MKR vs ETH
↘ 26.39%
Tags
store-of-value
defi
dao
governance
+4
Network | Address | |
|---|---|---|
Ethereum | 0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2 | |
Avalanche C-Chain | 0x88128fd4b259552A9A1D457f435a6527AAb72d42 | |
BNB Smart Chain | 0x5f0Da599BB2ccCfcf6Fdfd7D81743B6020864350 | |
Arbitrum | 0x2e9a6Df78E42a30712c10a9Dc4b1C8656f8F2879 |
Time | Price | Change |
|---|---|---|
Today | $1,384.98 | ↘ 3.37% |
1 Day | $1,421.93 | ↘ 3.37% |
1 Week | $1,376.68 | ↗ 0.17% |
1 Month | $1,619.13 | ↘ 14.83% |
1 Year | $1,245.91 | ↗ 10.68% |
Maker (MKR) is a governance token linked to MakerDAO and the Maker Protocol, both built on the Ethereum blockchain. Its primary role is to facilitate the management of DAI, a decentralized stablecoin designed to maintain a value close to the US dollar. While MKR tokens do not yield dividends, they grant holders voting rights over decisions related to the Maker Protocol's development and risk management. The token's value can fluctuate based on DAI's performance and the broader dynamics of the decentralized finance (DeFi) ecosystem, where Maker plays a key role in offering decentralized financial solutions on smart contract platforms.
Maker enables MKR token holders to participate in the governance of the Maker Protocol, specifically in managing the DAI stablecoin. Voting power is proportional to the amount of MKR held, allowing users to vote on key decisions such as adding new collateral types, adjusting risk parameters, selecting oracles, modifying the DAI Savings Rate, and approving protocol upgrades. By influencing these governance aspects, MKR holders contribute to the stability and evolution of the Maker ecosystem. The governance model ensures that the protocol remains decentralized and responsive to the needs of its community.
Earn up to $2,000 when you buy $50 in crypto
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Trending articles
Popularity in posts
#1593
Contributors
0
Posts
0
% About Maker
0.013%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
4.6 ★
Highlights
0 unique individuals are talking about Maker and it is ranked #1,593 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Maker has an average sentiment score of 4.6 out of 5. Finally, Maker is becoming less newsworthy, with 0 news articles published about Maker.
On Reddit, Maker was mentioned in 0 Reddit posts and there were 0 comments about Maker. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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