The Maker Protocol is a software platform that allows users to trade DAI, Maker’s native stablecoin. DAI is soft-pegged to the US Dollar, so the value of one DAI token is equal to $1 USD. Holders of its other token, MKR–which is not pegged to any fiat currency, and is expected to increase in value based on the success of DAI–can vote on MakerDAO’s operating protocols and governance proposals. As of July 2020, MakerDAO has become “fully decentralized,” according to co-founder Rune Christensen.
What is Maker (MKR)?
Discover the key facts about Maker (MKR).
Donate Maker (MKR) to Nonprofits on The Giving Block
The Giving Block makes donating Maker (MKR) and other cryptocurrencies easy, secure, and tax-efficient.
Visit our donor marketplace to explore thousands of crypto-friendly nonprofits, educational institutions, and faith-based organizations.
Looking for more resources?
What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
Why should nonprofits accept cryptocurrency donations? Less than 1% of nonprofits accept cryptocurrency donations. Fifteen years ago nonprofits were skeptical about credit card donations. Read more Donate Other Cryptos We are able to process some donations of cryptocurrencies that aren't listed in The Giving Block's Donation Form. Please read this information and/or contact us to verify. Read more
