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, US
Websitemakerdao.com

Latest Updates

Employees (est.) (Jun 2020)88(+2%)

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, US (HQ)
Santa Cruz, CA, USA
New York, US
New York, NY, USA
Show all (4)

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 Online and Social Media Presence

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MakerDAO News and Updates

MakerDAO Founder Rune Christensen Talks Company’s Move Into Asia, China

MakerDAO, the company behind the stablecoin DAI, knew from the start that Asia would be an important market for its success.

MakerDAO bug could’ve let hackers steal Ethereum powering its DAI stablecoin

MakerDAO, the decentralized organization that runs on Ethereum, has disclosed an enormously dangerous security flaw that could’ve allowed an attacker to steal collatoral powering its Dai stablecoin with a single transaction. The bug, if exploited, would’ve resulted in a complete loss of funds for al…

Nasdaq Lists New Decentralized Finance Index Including MakerDao, 0x, Augur

Nasdaq has added a new index that aims to offer the markets information on blockchain projects working in the decentralized finance space.

$1 Million Loans Are Being Minted on MakerDAO – More May Be on the Way

A bullish ETH market appears to be increasing the number of large collateralized debt positions on MakerDAO.

How MakerDAO Works – The Stablecoin Explainer

The most popular decentralized finance application on ethereum, MakerDAO, was built to keep a stablecoin's price stable. Under the hood, it's quite complex, featuring two separate tokens, a lending system and even a voting process. Here's how it works
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MakerDAO Blogs

Update: The Road to Multi-Collateral Dai

IntroductionOur main focus over the past couple of months has been the development and release of the Multi-Collateral Dai (MCD) core contracts on Kovan and their interaction with the core Maker products and tools. As we work toward the full MCD mainnet release, our goal is to be as transparent as p…

Executive Vote to Raise the Stability Fee to 7.5%

The Maker Foundation Interim Risk Team will place an Executive Vote proposal into the voting system to enact a new Dai Stability Fee of 7.5%.The Executive Vote (FAQ) will begin on Friday, March 22nd at 5 pm UTC and will continue until the number of votes surpasses the previous Executive Vote total. …

#PiDai for #PiDay: Tweeting crypto for good

MakerDAO joins the #PiDay celebration by encouraging donations to charityPiDay (March 14th) has been long celebrated as a geek holiday, so MakerDAO, in conjunction with our friends at @SendCrypto, are happy to announce a way for the crypto community to celebrate the date and help make the world a be…

Raise the Stability Fee to 3.5%

The Maker Foundation Interim Risk Team will place an Executive Vote proposal into the voting system to enact a new Dai Stability Fee of 3.5%.The Executive Vote (FAQ) will be begin on Friday, March 8th at 4pm UTC and will continue until the number of votes surpass the previous Executive Vote total. T…

MakerDAO Focuses on Korea:

MakerDAO Focuses on KoreaNational Relayer Campaign Designed to Drive Awareness and Adoption of DaiSince the official launch of the MakerDAO Korean community in November 2018, a number of notable projects and companies have signed on to support the Dai ecosystem. Integrations by VANTA, Coinduck, and …

Proposed Stability Fee Increase: +2%

The Maker Foundation Interim Risk Team will place a Governance Poll proposal into the voting system to raise the Dai Stability Fee by 2.0%, for a new rate of 3.5%.The Governance Polling (FAQ) will be active for 3 days beginning on Monday, March 4th at 5pm UTC, the results of which will inform an Exe…
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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 88 employees.

  • Who are MakerDAO competitors?

    Competitors of MakerDAO include Tether, TokenGet and Wanchain.

  • 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.