Maker Mkr Price USD

Maker (MKR) is the governance token of the MakerDAO and Maker Protocol, which are both decentralised organisations and software platforms based on the Ethereum blockchain which enable users to create and control the DAI stablecoin.

Maker is a project that was founded in 2015 and officially launched in December 2017. Its mission is to run DAI, a community-managed decentralised cryptocurrency with a steady value soft-pegged to the US dollar.

MKR tokens function as a voting share for the company that maintains DAI; while they do not provide dividends to their holders, they do grant the holders voting rights over the growth of Maker Protocol and are intended to rise in value in accordance with the progress of DAI itself.

The Maker ecosystem is one of the initial initiatives in the decentralised finance (DeFi) market, which aims to create decentralised financial products on top of blockchains with smart contracts, like Ethereum.

MakerDAO, the first organisation inside the greater Maker ecosystem, was founded in 2015 by Rune Christensen, a Danish entrepreneur from Sealand.

Christensen obtained his biochemistry degree from Copenhagen University and completed a programme in international business at the Copenhagen Business School. Prior to joining MakerDAO, he co-founded and ran the international hiring firm Try China.

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