MakerDAO

OverviewSuggest Edit

MakerDAO is a decentralized autonomous organization on the Ethereum blockchain. It seeks to minimize the price volatility of its own token, the Dai, against the IMF’s international currency basket SDR.

TypePrivate
Founded2014
HQSanta Cruz, CA, US
Websitemakerdao.com

Latest Updates

Employees (est.) (Dec 2020)109(+2%)
Cybersecurity ratingDMore

Key People/Management at MakerDAO

Rune Christensen

Rune Christensen

CEO
Andy Milenius

Andy Milenius

CTO
Steven Becker

Steven Becker

President & COO
Soren Peter Nielsen

Soren Peter Nielsen

Head of Product
Greg Diprisco

Greg Diprisco

Head of Business Development
Bartek Kiepuszewski

Bartek Kiepuszewski

Head of Product - Oasis
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MakerDAO Office Locations

MakerDAO has offices in Santa Cruz, New York, Copenhagen and Warsaw
Santa Cruz, CA, US (HQ)
Santa Cruz, CA, USA
New York, NY, US
New York, NY, USA
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MakerDAO Financials and Metrics

Summary Metrics

Founding Date

2014

MakerDAO total Funding

$27 m

MakerDAO latest funding size

$15 m

Time since last funding

2 years ago

MakerDAO investors

MakerDAO's latest funding round in September 2018 was reported to be $15 m. In total, MakerDAO has raised $27 m
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MakerDAO Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

MakerDAO Online and Social Media Presence

Embed Graph

MakerDAO News and Updates

MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds

A loophole in MakerDAO’s collateralized debt market enables positions to be closed far more leniently than intended due to an oversight in the auction process.

$28M MakerDAO ‘Black Thursday’ Lawsuit Moves to Arbitration

The class-action alleged the Maker Foundation and others knowingly misrepresented the risks of investment in MakerDAO.

Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited

DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse.

Huobi Launches Consortium of DeFi Providers and Platforms With MakerDAO, Compound

Huobi has launched a new consortium with MakerDAO and Compound to promote decentralized finance.

MakerDAO Passes $1 Billion Milestone in DeFi First

The total value of ether locked in DeFi's oldest project has surpassed $1 billion for the first time.
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MakerDAO Blogs

MakerDAO and Airtm Partner to Empower Financial Stability in South America

MakerDAO has joined forces with Airtm, a platform that helps people all over the world access dollars and protect their savings from devaluation. This partnership includes Dai as an Airtm in-wallet balance with direct on/off boarding transfers, allowing Airtm users to take charge of their financial …

Executive Vote: Raise the Stability fee by 3% to a total of 14.5% per year.

Executive Vote: Raise the Stability Fee by 3% to a total of 14.5% per year.The Maker Foundation Interim Risk Team has placed an Executive Vote into the voting system, which will enable the community to enact a new Dai Stability Fee of 14.5%.The Executive Vote (FAQ) will continue until the number of …

Don’t Miss MakerDAO’s Blockchain Week Events in Cape Town, April 18–21

Blockchain Week ZA in Cape Town, South Africa, is just a few days away, and representatives from the MakerDAO team will be there to present and lead workshops. Here are some of the most exciting events scheduled:DeFi Cape Town Decentralized Financial Inclusion3–8 p.m., April 18The University of Cape…

Upgrades to the Maker Ecosystem Foundation Structure

The past year has been one of fantastic growth for MakerDAO. Dai continues to be widely respected across the cryptosphere and has become a core part of the #DeFi movement, with hundreds of projects integrating it. At the same time, there has been an encouraging and thoughtful commitment to decentral…

MakerDAO Collaborates on South Korean Local Government Projects with VANTA Network and HYCON…

MakerDAO Collaborates on South Korean Local Government Projects with VANTA Network and HYCON (Glosfer)Following the official launch of the National Relayer Campaign in Korea in March 2019, the MakerDAO Korean community worked closely with its partners including VANTA to drive awareness and adoption …

Making Maker: March 2019

It’s been an action-packed month for Maker! Stability Fee increases, a long-awaited update on Multi-Collateral Dai, a new campaign launch in Korea, and more.Let’s begin with the latest statistics from maker.tools. 2,172,000+ ETH locked up Over 2% of the entire ETH supply is locked up in Maker smart …
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MakerDAO Frequently Asked Questions

  • When was MakerDAO founded?

    MakerDAO was founded in 2014.

  • Who are MakerDAO key executives?

    MakerDAO's key executives are Rune Christensen, Andy Milenius and Steven Becker.

  • How many employees does MakerDAO have?

    MakerDAO has 109 employees.

  • Who are MakerDAO competitors?

    Competitors of MakerDAO include Tether, Peercoin and TokenGet.

  • Where is MakerDAO headquarters?

    MakerDAO headquarters is located at Santa Cruz, CA, USA, Santa Cruz.

  • Where are MakerDAO offices?

    MakerDAO has offices in Santa Cruz, New York, Copenhagen and Warsaw.

  • How many offices does MakerDAO have?

    MakerDAO has 4 offices.