Maker Price today
Maker, also known as MKR, has a price today of 506,65$ and a market capitalization of 506.646.944$, which is 0,17% of the total. Maker has a total of 1.000.000 coins in circulation.
In the last 24 hours, the price of Maker has decreased -25,77$, which is -4,84% of its valuation.
What is Maker?
Maker is one of the best blockchain based platform with the smart contract. It requires an in-depth explanation to understand completely because it’s normally a complex blockchain technology.
Maker’s main goal is to be the cryptocurrency that is going to provide its users with an alternative to the most of the current currencies which will be more stable on the market. Maker provides with the transparent stable coin system.
Maker platform has two coins of its own: Maker coin (MKR) and Maker Dai (DAI). With a little mystery, MKR is a utility token. It governs the Maker platform with a volatile price.
To purchase MKR, users need to have Ether. They can exchange their ETH for MKR using EtherDelta when they have enough Ether.
The Maker DAI team officially launched Maker Dai on 18th December 2017. Maker Dai is a price stable coin. Users can use them for payments or savings or collateral. DAI completely lives on the blockchain technology.
To buy Maker Dai coins, users need to have enough Ether or Bitcoin in their wallet. Users can exchange Ether or Bitcoin with Maker Dai tokens. Users can exchange Ether for Dai using Oasis.
- Maker system provides recapitalization of resources by creating new MKR token automatically.
- Maker provides the full utility of its token. After the payment, each time the MKR is burned or removed from the Maker supply.
- Maker allows its holders to vote for the risk management and logistics of the Maker system using the tokens.
Maker uses a dynamic system of Collateralized Debt Positions (CDPs). A CDP is a type of software that runs on the Ethereum blockchain. It’s an autonomous feedback mechanism. Maker is smart contract platform on the Ethereum. Maker stabilizes and supports the value of Dai using CDP in the Maker ecosystem.
|Price in BTC||0.04731414 BTC|
|Current Supply||1.000.000 MKR|
|Total Supply||1.000.000 MKR|
|24h Volume (coin)||22 MKR|
|24h Volume (currency)||$11.145|
|Last updated||2019-08-19 15:05:15 +01:00 BST|
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