Guides to Cryptocurrencies
Maker (MKR) Cryptocurrency and Blockchain Guide
What is Maker (MKR)?
Maker is an Ethereum blockchain based smart contract platform that backs and produce a stablecoin named “Dai” for anyone who leverage their Ethereum assets on its ecosystem. MKR is its native cryptocurrency that can be used as governance token to vote for proposal contracts that can gain system administrative access.
Full name: Maker
Ticker Symbol: MKR
Launch Date: 31 March 2015
Total Supply: 1,000,000 MKR
Related Stablecoin: Dai
Block Explorer: etherscan.io
Email Support: email@example.com
MKR token is Maker's native cryptocurrency coin that can be generated via the Ethereum ecosystem for users to pay for transaction fees. Holders of MKR tokens can vote for governance change and manage risks for the Maker platform. Users cannot mine MKR tokens, but they can purchase it through Bibox cryptocurrency exchange.
CEO: Rune Christensen
President and COO: Steven Becker
Head of Engineering: Wouter Kampmann