Maker company info

What does Maker do?
Maker (CRYPTO:MKR) is a decentralized autonomous organization (DAO) that operates the Maker Protocol, a suite of smart contracts that enable the issuance and management of Dai, a stablecoin pegged to the US dollar. MakerDAO is governed by MKR, a utility token that allows holders to vote on proposals and earn rewards. The Maker Protocol is powered by a network of participants called Maker Vaults. Maker Vaults are smart contracts that allow users to deposit collateral, such as ETH, and borrow Dai against it. The collateralization ratio, which is the value of the collateral divided by the amount of Dai borrowed, must be maintained above a certain level to avoid liquidation. MakerDAO is committed to maintaining the stability of the Dai peg. The Dai Stability Module (PSM) is a mechanism that helps to keep the Dai peg stable by buying and selling Dai in response to changes in the market price.
Maker company media
Company Snapshot

How many people does Maker employ?

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Employees
51-200

What is the market cap for Maker?

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Market Cap
$2.64B

Where is the head office for Maker?

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Head Office
San Francisco, CA

What year was Maker founded?

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Year Founded
2014
What does Maker specialise in?
/1Confirmation Portfolio /a16z Portfolio /Arbitrum Ecosystem /BNB Chain /DAO /DeFi /DragonFly Capital Portfolio /Electric Capital Portfolio /Governance /Lending & Borrowing /Near Protocol Ecosystem /Pantera Capital Portfolio /Paradigm Portfolio /Placeholder Ventures Portfolio /Polychain Capital Portfolio /Real World Assets /Spartan Group /Store Of Value

What are the products and/or services of Maker?

Overview of Maker offerings
Dai borrowing: MakerDAO allows users to borrow Dai against their collateral.
Dai issuance: MakerDAO allows users to create Dai, a decentralized stablecoin pegged to the US dollar, by depositing collateral into Maker Vaults.
Dai stability: MakerDAO maintains the stability of the Dai peg through the use of the Dai Stability Module (PSM).
Ecosystem support: MakerDAO supports the development of the Maker ecosystem by providing resources and funding to projects and teams that are building on the Maker platform.
Governance: MKR is the utility token of the MakerDAO ecosystem. Holders of MKR can vote on proposals and earn rewards.
Interest: Dai Savings Rate (DSR) allows Dai holders to earn interest on their Dai deposits.