Maker Price for today is $602.909. Its current circulating supply is MKR 1,000,000 with a market cap of $602,909,345.16.
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Maker is a decentralized and trustless smart contract platform, which offers a transparent stablecoin system. It’s fully inspectable since the company publishes a recording from every meeting. The platform is not managed by a central fund (unlike Bitcoin and Ethereum), but by a group Maker enthusiasts and developers. Maker has two cryptocurrencies: MKR and DAI (a stablecoin). MKR is among top-20 coins by a market cap.
You can trade MKR on ChangeNOW and get an access to the best service on the market. Operating on our platform is completely anonymous since we don’t require account creation or personal information sharing. We also prioritize keeping the lowest exchange rates on the market. You can choose from the biggest number of exchange pairs; currently there are over 360 coins.
Check out the most recent MKR exchange rate on ChangeNOW.
We’ve also wrote a detailed article about MKR 2020 price predictions.
Makercoin (MKR) is used to govern Maker platform and as a collateral to DAI, which is a stablecoin. MKR as a utility token could be used to pay fees stemmed on CDPs (collatralized debt positions) generating Dai. MKR holders have governance and voting rights. The voting is done via continuous approving process: a holder can vote for/propose as many offers as he/she wants; the proposal with the biggest number of votes becomes a “top” one and can lead to system changes implementation. MKR tokens are also used to support the needed value: if there is a shortage in collateral portfolio, the system automatically issues more MKR tokens and sells them on the market.
Exchange MKR on ChangeNOW to get the best rates and services! Read our overview for more details about Maker.