Read the success stories of crypto entrepreneurs.

Discussions are fun when we are part of a community.
Login Free Registration

Get 10 AltcoinN Points just by registering on this forums.


MAKER (MKR)

SourceOriginal
#1
Maker (MKR) is the digital token that is used to facilitate all of the transactions taking place within the Maker digital ecosystem. What makes MKR unique is its limited market supply of around 1 million tokens as well as the fact that it can serve as as a smart contract platform that backs and stabilizes the value of the stablecoin DAI using niche concepts such as:
  • Collateralized debt positions (CDPs)
  • Autonomous feedback mechanisms
  • Incentivized external actors.
Additionally, it also bears pointing out that MKR tokens are not only used to pay transaction fees within the Maker ecosystem but they also equip holders with voting rights to help maintain the decentralized balancing mechanism of the system.
  • All-time High Value (ATH): $1,687.86
  • Market Debut: January 2017
  • 2019 High: $784.54
  • 2019 Low: $367.01
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  $8 Million Ether Sold for Free Through Maker Baff1 0 155 03-20-2020, 07:36 AM
Last Post: Baff1
  MAKER (MKR) Baff1 0 154 01-20-2020, 01:05 AM
Last Post: Baff1