$1 429
1H
3.09%$42.82
24H
22.33%$260.8
7D
-4.02%$-59.83
Maker (MKR) is a cryptocurrency and a governance token. Cryptocurrency Maker (MKR) is a digital token created on the Ethereum platform of the project Maker, the main purpose of which is to create a line of decentralized digital assets that would be tied to the value of real instruments such as currency, gold, etc. On the basis of the platform, it is planned to create an exchange where it would be possible to carry out margin trading of tokens on the ERC20 Protocol.
DeFi tokens are on the rise as the Office of the Comptroller of the Currency (OCC) is considering the possibility to grant banking charters to the growing number of DeFi projects.
The introduction of EGG can make it a lot easier for everyone to explore different DeFi yield farming options, staking, and so forth.
However, the total number of Ethereum locked up in DeFi plunged from 9.4 million ETH in mid-late October to the current 6.8 million ETH locked up at the time of writing.
Bloq announced an easy-to-use platform dubbed Vesper that would automate DeFi investments. Vesper is simpler than yield farming as it saves time as well as money spent on transaction fees since it entails a handful of steps instead of a dozen.
New-York-based cryptocurrency exchange Gemini has finally decided to include support for DeFi tokens looking at the latest frenzy around DeFi coins in the market.