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MakerDAO is “Decentralized Autonomous Organization” (“DAO”) operating on the Ethereum blockchain. At its core, MakerDAO permits the creation of a decentralized ‘stablecoin’ on Ethereum called Dai. A stablecoin is a token that seeks to eliminate price volatility, effectively tracking the price of a fiat currency like the US dollar. 1 Dai = 1 USD. In contrast to Dai which is a stablecoin that is suitable for payments and savings, MKR is a token that has a volatile price because of its unique supply mechanics and role on the Maker platform. MKR is a utility token, governance token and recapitalization resource of the Maker system.
Backers
10+

Bain Capital Crypto
Building the next generation of open internet infrastructure.

Uniswap Labs Ventures
Venture Arm of Uniswap.

High Naut Capital
Backing the Decentralized World.

Uncorrelated
Invest in infrastructure software. Traditional and Decentralized.

ParaFi Capital
Alternative investment firm with a focus on the fintech and blockchain ecosystem.

SNZ Holding
Connect to empower.