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Maker is a decentralised governance protocol. Holders of the MKR token govern the Maker protocol, which are the smart contracts that power the Ethereum-based stablecoin Dai. The goal of Dai is to offer a decentralised currency for anyone to use anywhere. MKR tokens are created or destroyed in response to the price fluctuations of the stablecoin Dai. The goal is to keep the price of Dai hovering at around $1. You can read more about MKR on the official Maker website.
The platform MakerDAO was founded in 2014 by Rune Christensen
MKR coin holders help govern the Maker Protocol, this may include choosing new collateral types and the overall future of the project
The MKR token was created for the purpose of keeping its partner stablecoin DAI at the same value as $1
MKR token is also an ERC20 token, which means that it operates on the Ethereum network and can also be stored in ERC20 wallets
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Over 50 digital assets, including Bitcoin, Ethereum, Ripple and more
European company, founded in 2014 in Vienna, Austria
Multiple fiat currencies, including euro, Swiss franc, British pound, US dollar and Turkish lira