$751
1H
-0.60%$4.53
24H
8.18%$56.78
7D
19.1%$120
30D
-2.16%$16.58
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.
If you’re looking for the hottest new projects in the crypto space, you can’t go wrong with Uniglo (GLO), Maker (MKR), and LidoDAO (LDO).
The prices of cryptocurrencies change every day, and not everyone is gifted enough to predict which coins or tokens will surge in value the following day.
The new approach is reportedly a strategic way of generating revenue from idle assets on MakerDAO’s balance sheet.
Decentralized finance (DeFi) first emerged following the launch of Ethereum in 2015 with its pioneering smart contracts platform, which allowed project creators to develop advanced financial applications on the blockchain using cryptocurrencies beyond sending and receiving transactions.
Ahead of its September mainnet merger, Ethereum Classic led the way in a recent price jump that also included other altcoins and DeFi tokens.
