Website
KANDO id: 578546
Company type
Decentralized credit facility which lends the synthetic dollar-like asset DAI.Overview
The Maker Protocol, also known as the Multi-Collateral Dai (MCD) system, allows users to generate Dai by leveraging collateral assets approved by “Maker Governance.” Maker Governance is the community organized and operated process of managing the various aspects of the Maker Protocol. Dai is a decentralized, unbiased, collateral-backed cryptocurrency soft-pegged to the US Dollar. Resistant to hyperinflation due to its low volatility, Dai offers economic freedom and opportunity to anyone, anywhere.
Funding rounds
Investor | Profile | Country | Notes | |
---|---|---|---|---|
![]() |
Paradigm Crypto Fund | Cryptocurrency investment fund. | Initial investment. |
Investor | Profile | Country | Notes | |
---|---|---|---|---|
![]() |
Starchain Capital | Investment fund focused on crypto-assets and decentralized protocols building the decentralized software stack known as Web3. | Initial investment. |
Investor | Profile | Country | Notes | |
---|---|---|---|---|
![]() |
Hex Capital | Venture capital firm nvesting in early-stage crypto assets and blockchain companies solving challenging technological, social and financial problems. | Initial investment. |
Investment activity status
Active investor
Team
Employee | Position | ||
---|---|---|---|
Rune Christensen (founder) |