Maker is a Decentralized Autonomous Organization that creates and insures the dai stablecoin on the Ethereum blockchain. Maker is comprised of a decentralized stablecoin, collateral loans, and community governance. The MakerDAO Collateralized Debt Position (CDP) is a core component of the Dai Stablecoin System whose purpose is to create Dai in exchange for collateral which it then holds in escrow until the borrowed Dai is returned.

Official Explainer Video

MakerDAO Details

Photo Gallery
  • Blockchain Ethereum
  • Software License MIT
  • Token ERC-20, ERC-721
MakerDAO Support
MakerDAO Features / Tech Specs
  • Dai Stablecoin – Dai (DAI) is a USD-pegged stablecoin built on the Ethereum blockchain.
  • CDP Portal – The MakerDAO Collateralized Debt Position (CDP) is a smart contract which runs on the Ethereum blockchain. It is a core component of the Dai Stablecoin System whose purpose is to create Dai in exchange for collateral which it then holds in escrow until the borrowed Dai is returned.
  • Governance –  The Maker Foundation Interim Risk Team has placed an Executive Vote into the voting system, which will enable the community to enact a new Dai Stability Fee of 16.5%. The Executive Vote (FAQ) will continue until the number of votes surpasses the total in favor of the previous Executive Vote.
  • Platform Data – MKR.tools is an independent MakerDAO platform data analytics site built by Mike McDonald with help from community contributers: Marc-Andre Dumas, and more.
Supported Cryptocurrencies

MakerDAO Team

Rune Christensen
Rune Christensen

CEO

Steven Becker
Steven Becker

President and COO

Wouter Kampmann
Wouter Kampmann

Head of Engineering

Jeremy Hollister
Jeremy Hollister

Head of People Success

Coulter Mulligan
Coulter Mulligan

Head of Marketing

Mike Porcaro
Mike Porcaro

Head of Communications