Maker (MKR)

Project Introduction:

Makerdao (MKR) is a decentralized autonomous organization and smart contract system on Ethereum, which provides the first decentralized stable currency Dai on Ethereum. Dai is a hard currency with digital asset collateral endorsement, which remains 1:1 anchored to the US dollar.

MKR is the management token and utility token of maker system, which is used to pay the cost of Dai and participate in the management system. Unlike Dai, the value of MKR is closely related to the performance of the whole system due to its unique supply mechanism and role on the maker platform. Decentralized stable currency Dai has key applications in mortgage, leveraged trading, hedging, international remittance, supply chain and government visible account.

Basic Information:

Full Name in English：Maker

Abbr.：MKR

Full Name in Chinese：/

Investor/Institution：2020 Ventures、SNZ Holding、LuneX Ventures、Block0、1confirmation、Starchain Capital、a16z Crypto、Placeholder VC、Collaborative Fund、Wyre Capital、IOSG Venture、Fabric Ventures、HAPPY EAST CAPTIAL

Issue date:  January 30, 2017

Total issue：1,005,576

Total Circulation：1,000,000

Token Unit：MKR

Related Links：

Official Website: https://makerdao.com/zh-CN/

White Paper Link：https://makerdao.com/whitepaper/DaiDec17WP.pdf

Block Browser:https://cn.etherscan.com/token/0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2

Statement: this introduction is referenced from the white paper and other official materials released by the official project team, so that investors can better understand the token and its corresponding projects. The content of this paper obtains information through legal materials to ensure the reliability, accuracy and completeness of the information as far as possible, but it does not guarantee the accuracy and integrity of the information in the report. The content of this paper can not be used as the basis of investment research decision, moral, responsibility and legal basis or evidence, whether it has been expressed or implied.