MakerDAO
An Unbiased Global Financial System
- Headquarters
- San Francisco Bay Area, California
- Employees
- 51–200
- Founded
- 2014
- Business Model
- B2B2C
- Website
- makerdao.com
- Last Round
- Series ASep 2018
About
MakerDAO is a decentralized autonomous organization on the Ethereum blockchain that created the DAI stablecoin — the world's first unbiased, crypto-collateralized stablecoin pegged to the US Dollar. Users lock collateral assets into Maker Vaults to generate DAI, with governance controlled by MKR token holders who vote on protocol changes. The protocol has integrated with over 400 apps and DeFi services. MakerDAO has rebranded to Sky, with DAI transitioning to USDS as part of the Sky Ecosystem.