Buy Cheap Maker for $1,329.71 price live chart in USD

Maker Price in USD? On this page you will find the live chart from Maker in USD. Maker Actual Price is $1,329.71 with the total marketcap from $1.21 B. Maker price is 7.22% up in the last 24 hours. Buy or Sell your Maker on this page!

Buy / Sell Maker
  • maker
    Maker (MKR)
  • Live Price
    $1,329.71
  • 24h %
    7.22%
  • Market Cap
    $1.21 B
  • Volume
    $203.33 M
  • Available Supply
    902,135 MKR
  • Rank
    34

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More Info About Coin

MKR is a cryptocurrency depicted as a smart contract platform and works alongside the Dai coin and aims to act as a hedge currency that provides traders with a stable alternative to the majority of coins currently available on the market. Maker offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain. Founded almost three years ago, MakerDao is lead by Rune Christensen, its CEO and founder. Maker’s MKR coin is a recent entrant to the market and is not a well known project. However, after today it will be known by many more people after blowing up 40% and it is one of the coins to rise to prominence during the recent peaks and troughs. After being developed by the MakerDAO team, Maker Dai officially went live on December 18th, 2017. Dai is a price stable coin that is suitable for payments, savings, or collateral and provides cryptocurrency traders with increased options concerning opening and closing positions. Dai lives completely on the blockchain chain with its stability unmediated by the legal system or trusted counterparties and helps facilitate trading while staying entirely in the world of cryptocurrencies. The concept of a stablecoin is fairly straight forward – it’s a token that has its price or value pegged to a particular fiat currency. A stablecoin is a token (like Bitcoin and Ethereum) that exists on a blockchain, but unlike Bitcoin or Ethereum, Dai has no volatility. MKR is an ERC-20 token on the Ethereum blockchain and can not be mined. It’s instead created/destroyed in response to DAI price fluctuations in order to keep it hovering around $1 USD. MKR is used to pay transaction fees on the Maker system, and it collateralizes the system. Holding MKR comes with voting rights within Maker’s continuous approval voting system. Bad governance devalues MKR tokens, so MKR holders are incentivized to vote for the good of the entire system. It’s a fully decentralized and democratic structure, then, which is an underutilized USP of blockchain tech. Value volatility is a relative concept among both cryptos and fiat currencies. The US dollar, for example, was worth 110.748 yen on July 9, 2018. On July 4, 2011, $1 was worth 80.64 yen, and on March 18, 1985, $1 was worth 255.65 yen. These are major differences in exchange rates, and inflation within each country makes each currency worth different values even when compared to themselves. One USD in 1913 is worth the equivalent of $25.41 today, and even $1 in 1993 is worth the equivalent of $1.74 today. Stablecoins don’t negate these basic economic principles of value. Instead, both Tether and Dai have values pegged to the U.S. dollar. This is done to stabilize the price.

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Twitter News Feed

😲We were overwhelmed with the avalanche of applications to this weekend’s #0xPoland Workshop.
Fortunately, @makerdao saved the day!
🥳Thanks to them, we'll have an extra group led by @krzkaczor!
➡️Sign up here: http://bit.ly/0xpolandform
➡️Details: http://bit.ly/0xpoland

Have you borrowed crypto in the past?
Take this quick survey and help provide meaningful feedback to better the experience!

There are swag and Dai prizes too! 👕🪙

https://makerfoundation.typeform.com/to/KIABQIkZ

The crypto and #DeFi ecosystems are evolving at breakneck speed, but that means it can be tough for users to keep up and avoid making mistakes.

Here are nine common missteps users make, including a few specific to the Maker Protocol & Dai:

https://blog.makerdao.com/nine-most-common-missteps-of-crypto-and-defi-users/

An urgent Executive Vote just passed to:

📈Increase ETH-A Debt Ceiling from 750M Dai to 1B Dai
📈Increase WBTC-A Debt Ceiling from 160M Dai to 210M Dai

This increased the global debt ceiling by 310M Dai.

See more at http://vote.makerdao.com

A series of 21 (!) new Governance Polls have been added to the voting portal to signal support for/against the following

📈Debt Ceiling increases:
LINK-A from 10M to 20M
MANA-A from 250K to 1M
ETH-A from 750M to 1B
WBTC-A from 160M to 210M

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