KANDO id: 578546

Corporate information

Founders
Also known as
MKR
Affiliated coins

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

Profile Country Notes
Paradigm Crypto Fund Cryptocurrency investment fund. Initial investment.

Profile Country Notes
Starchain Capital Investment fund focused on crypto-assets and decentralized protocols building the decentralized software stack known as Web3. Initial investment.

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)

Past employees

Selected Products / Customers

Financials