Maker (now Sky)

MKR Launched 2017 source

What this page is: neutral, sourced facts about Maker (now Sky). Every line links where it was checked. 9 facts, 2 from primary sources. Educational, not financial advice.

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Launch

Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI. secondary source source

Founders and creators

Rune Christensen. secondary source source
MakerDAO was created in 2015 by Rune Christensen, an entrepreneur from Denmark. secondary source source

Origin story

In December 2017, the first formal white paper was published, introducing the original Dai (now Sai) Stablecoin System. primary source source

Stated purpose

Governance token of MakerDAO, the issuer of DAI. secondary source source

Consensus mechanism

MKR is an ERC-20 token, meaning that it runs on and is secured by the Ethereum blockchain. secondary source source

Supply model

There is no hard-coded limit on the total supply of MKR; the Maker Protocol mints new MKR tokens to sell and cover the remaining sum if DAI generated during a liquidation is not enough. secondary source source

Main uses today

Maker (MKR) is the governance token of the MakerDAO and Maker Protocol. secondary source source

Key milestones

Sky ecosystem ecosystem with SKY token and USDS stablecoin. primary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.