Price Maker (MKR)

• 2017: MKR debuted at around $20 at launch, the crypto is attracting attention thanks to MakerDAO’s innovation.
• 2018: During the crypto-currency bull run, MKR peaked at around $1,800, before falling back below $500 during the market correction.
• 2019: MKR’s share price continued to fall, fluctuating below $500, due to the general volatility of the crypto market.
• 2020-2021: With DeFi on the rise, MKR has risen sharply, reaching an all-time high of around $6,300 in May 2021.
• 2022-2023: The price has oscillated between $1,000 and $2,500, influenced by DAI adoption, MakerDAO developments, and global crypto-currency market trends.
• 2024: MKR’s price remains volatile and continues to depend on developments in decentralized finance and governance decisions within the MakerDAO protocol.

MakerDAO, the platform behind the MKR token, was founded by Rune Christensen in 2015.
Rune Christensen is a Danish entrepreneur with a background in biochemistry and international finance.
He conceived MakerDAO to create a decentralized financial system capable of generating a stablecoin, DAI, without the need for a centralized entity.
Under his leadership, MakerDAO became one of the first and most influential decentralized finance (DeFi) projects, laying the foundations for the creation of DAI and the decentralized governance system that uses MKR.
Christensen is recognized for his vision of democratizing finance using blockchain and for his key role in the evolution of the DeFi ecosystem.

Major investors include Andreessen Horowitz (a16z), one of the most influential venture capital funds in the technology and crypto-currency space. Polychain Capital, another venture capital fund specializing in crypto-currencies, has also invested in MakerDAO, recognizing the potential of its DeFi platform.
Other major investors include Dragonfly Capital, Paradigm, and Placeholder, all attracted by MakerDAO’s innovation in creating DAI, a decentralized stablecoin.

• Participation in governance: MKR gives holders the power to vote on important MakerDAO protocol decisions.
  This has an impact on risk management and the economic parameters of the DAI stablecoin.
• Alignment of interests: in the event of system under-collateralization, MKRs are created and sold to recapitalize the protocol, aligning the interests of holders with the stability and health of the system.
• Exposure to DeFi: MakerDAO is one of the most influential and robust projects in decentralized finance.
• Innovation and influence: as a DeFi pioneer, Maker continues to innovate and expand its ecosystem, increasing its usefulness and adoption.
• Growth potential: with the growing demand for decentralized financial solutions, MKR benefits from the significant growth potential in crypto-currencies and alternative finance.