1233
2863
$233,113,042,806
$3,197,510,345
64%

Maker

$524.38

Rank: 23
7.18%

Market Cap
$524,375,280.00
Vol 24h
$54,327.94
Coin Calculator
MKR
USD
0.00190703 Maker
Buy

Maker is a contract-based platform that keeps the Dai value stabilized, using a fast-paced system of Collateralized Debt Positions or CDPs in short.Maker lets every user lend their Ethereum assets to create Dai on the Maker platform. Once obtained, Dai can be used just like any other cryptocurrency - as a way of payment for different products and services, send to other users or even kept safe for future long-term savings. The generation of Dai also gathers the parts needed for a fully decentralized trading platform.A user with assets can lend them to gather Dai on the Maker platform through smart contracts (CDPs). The Collateralized Debt Positions holds a big part of the assets given by a user and permit the specific user to generate Dai, but also accumulate debt. The debt locks out the deposited assets inside the CDPs completely, until later when the debt is covered by paying with the appropriate amount of Dai. At this point, the user can finally withdraw the collateral.

Comments

# Name Symbol/Pair Price Vol 24h Volume Percent Updated
1 Exmo MKR/DAI $733.34 $66,914.41 123.17% 13 Jun 2019 18:47:26
2 HitBTC MKR/ETH $433.11 $4,487.81 8.26% 19 Sep 2018 12:17:51
3 HitBTC MKR/BTC $423.25 $2,395.62 4.41% 19 Sep 2018 12:48:32
4 Gate.io MKR/ETH $419.92 $738.24 1.36% 19 Sep 2018 11:59:27
5 HitBTC MKR/DAI $416.93 $411.22 0.76% 19 Sep 2018 12:35:47
6 Bitfinex MKR/BTC $426.55 $216.32 0.40% 18 Sep 2018 20:50:21
7 Gate.io MKR/USDT $416.54 $97.30 0.18% 19 Sep 2018 11:59:36
8 Coinbase Pro MKR/BTC $527.26 $88.17 0.16% 08 May 2019 01:23:55
9 Coinbase Pro MKR/USDC $540.95 $56.86 0.10% 08 May 2019 13:37:37
10 HitBTC MKR/USDT $414.62 $53.90 0.10% 19 Sep 2018 12:35:47

Cookie Policy

Cryptobrowser.io uses cookies to enhance your experience. By continuing without changing your settings, you agree to this use. To provide the best blockchain and crypto media on the web for free, we also request your permission for our partners and us to use cookies to personalize ads. To allow this, please click "OK". Need more info? Take a look at our Cookie Policy.

OK Cookie Policy