(Last Updated On: December 18, 2018)

Basic Information

Address 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2
Twitter Handle MakerDAO
Rate (in USD) 338.241569898
Market Cap (in USD) 246316904

Description

Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform. Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long term savings. Importantly, the generation of Dai also creates the components needed for a robust decentralized margin trading platform.

MKR token upgrade and Oasis redeployment. You can read the announcement here,

White Paper – Key Points

Not Available

Supply Analysis

Estimated Available Supply 728228
Total Supply 1000000
Dilution Factor 0.728228
Pct of Total Supply in Large NBNI-1 Wallets 0.717879352490339
Pct of Total Supply in Large Anon Wallets 0.989651582384537
Pct of Total Supply in Large ID Wallets 0.00352816068053106

Correlation Metrics

Ethereum Correlation 0.236729389295963
Bitcoin Correlation 0.848521985491545

Twitter Metrics

Follower Count 17598
Verified Follower Pct 0.00396779087408099
Investor Follower Pct 0.0472633912942
Avg Follower/Friend Ratio 2.31528441020711
Avg List Count 30.2442525382192