Maker (MKR) Tokenomics

Learn more about Maker (MKR) tokenomics and view project details below

What is the token allocation for Maker (MKR)?

The Initial token distribution of MKR is as follows:

• 69.50% is allocated to Founders & Project
• 15.00% is allocated to Team
• 4.00% is allocated to Seed Round 1
• 6.00% is allocated to Seed Round 2
• 5.50% is allocated to Seed Round 3

What is the supply schedule for Maker (MKR)?

MakerDAO launched with 1,000,000 MKR tokens during inception. The total number of MKR in existence can fluctuate based on how the system runs. For instance, the total supply of MKR can increase if the system is running a deficit and needs to dilute MKR as a recapitalization source. If the system is governed well, the total amount of MKR will decrease as MKR is destroyed in exchange for excess Dai from the system’s surplus.

Source: MakerDAO Tokenomics

What are the funding rounds for Maker (MKR)?

• $12M was raised in the Secondary Token Sale on 16 Dec 2017, funded by Andreessen Horowitz and Polychain Capital, joined by Distributed Capital Partners, Scanate, FBG Capital, Wyre Capital, Walden Bridge Capital, and 1confirmation with an average price of $300
• $15M was raised in the Secondary Token Sale on 23 April 2019, funded by a16z Crypto with an average price of $250
• $27.5M was raised in the Secondary Token Sale on April 2019, funded by Paradigm & Dragonfly Capital

Last updated: 18 July 2022

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