MakerDAO

MakerDAO

A blockchain company offering a utility cryptocurrency token running on the Ethereum blockchain that is stabilized by the U.S. dollar.

Maker (MKR) is a utility token, governance token and recapitalization resource of the Maker system.

It is required for paying the fees accrued on Collateralized Debt Positions (CDPs) used to generate Dai in the Maker system making it a utility token.

MKR holders vote for the risk management and business logic of the system using MKR as governance token. A holder can vote for any number of proposals with the MKR they have and submit a new proposal, or cast or withdraw his votes at any point. The voting process is done through continuous approval voting.

Timeline

People

Name
Role
LinkedIn

Andrea Law

Employee

Grant Wheeler

Investor

Gregory DiPrisco

Employee

Henry Doe

Employee

Jamal Jomaa, CPA, CA, CFA

Investor

James Reidy

Employee

Jeremy Hollister

Employee

Joey Krug

Investor

Katie Ryan

Employee

Michael Dunworth

Investor

Michael Elliot

Employee

Michael McKain

Employee

Nadia Alvarez

Employee

Nathan Doctor

Investor

Ryan Zurrer

Investor

Søren Peter Nielsen

Employee

Tyler Sorensen

Employee

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Tom Wilson
November 18, 2019
U.S.
Some are backed by dollars. Others by gold. But this "stablecoin" isn't tied to any major asset - it's backed by another cryptocurrency.
Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.