Maker (MKR) is a cryptocurrency platform based on the Ethereum blockchain. Maker became the first tradable token on the Ethereum network in August 2015 and the Maker platform was launched in April 2016. Before the launch of their platform, the funds were issued by exchanging Bitcoins and Ethereums for MKR tokens. In December 2017, the Maker network made a breakthrough with the creation of DAI, an asset linked to the US dollar with a stable exchange rate of 1 to 1. This intelligent contractual platform stabilizes the value of the Dai through the Collateralized Dept Positions platform.
This data was last updated 2021-04-18 23:17:00 UTC