MKR icon
MKR
Maker
$0.00AUD
All
1W
1M
1Y
Basic chart
Advanced chart
Information
Transactions
Orders
MKR icon

What is MKR?

Maker (MKR) is the main utility and governance token for the decentralised lending platform, Maker. Maker is an Ethereum based DAO (decentralised autonomous organisation) that allows anyone to lend and borrow cryptocurrency. The advantage of this includes not having to go through lengthy credit checks that one would encounter at financial institutions. The protocol’s smart contract and system parameters such as Stability Fees and the Dai Savings Rate (DSR). Maker is one of the most popular ETH-based platforms available. Unlike most cryptocurrencies, MKR is only created or destroyed in response to DAI price fluctuations. The system employs external market mechanisms and economic incentives to help DAI’s value remain closely pegged to $1.

Similar Coins

Coin
Price
24hr
STETH icon

STETH

Lido Staked Ether
-
INJ icon

INJ

Injective Protocol
-
RETH icon

RETH

Rocket Pool ETH
-
LDO icon

LDO

Lido DAO Token
-
RUNE icon

RUNE

THORChain
-
PENDLE icon

PENDLE

Pendle
-
SNX icon

SNX

Synthetix
-
CAKE icon

CAKE

PancakeSwap
-
KAVA icon

KAVA

Kava.io
-
WOO icon

WOO

WOO Network
-
CETH icon

CETH

Compound ETH
-

Frequently Asked Questions (FAQs)

Buy
Sell
Swap
Instant
Buy Limit
Buy Stop
MKR icon
Buy Maker
MKR Balance: -
Purchase Amount
Switch to MKR
AUD
0.00000000 MKR