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Status (SNT)

MKR (Maker)

Project basic information

Issue Time:2017-01-30

Total Supply:995,239

Circulation :995,239

White paper:https://makerdao.com/en/whitepaper/#overview-of-the-dai-stablecoin-system

Website:https://makerdao.com/en/

Block Explorer:https://etherscan.io/token/0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2 

Project Introduction

The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone, anywhere.