What is MakerDAO (MKR)
MakerDAO (MKR) is a decentralized autonomous organization on Ethereum seeking to minimize the price volatility of its own stable token — Dai — against the U.S. Dollar. MKR is required for paying fees accrued on CDPs used to generate Dai in the Maker system, as well as voting for risk management and development efforts.
Supported Transport Protocol
- ERC-20
Supported Blockchain
- Ethereum
Useful links