Maker (MKR)

Price
$617.41 (-0.05 %)
฿0.05233094 (1.37 %)
Market cap
$620 850 743
฿52 622.78
Volume (24h)
$27 215 497
฿2 306.76
Supply
N/A
1 005 577 (Available)

Manage the events related to Maker

Maker is a peer-to-contract lending platform enabling over-collateralized loans by locking Ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. Dai's stability is achieved through a dynamic system of collateralized debt positions, autonomous feedback mechanisms and incentives for external actors. Once generated, Dai can be freely sent to others, used as payments for goods and services, or held as long term savings.
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Today Maker became the first DeFi protocol to surpass the $1 billion total value locked mark. Nearly $900 million of that TVL is ETH. Source: DeFi Pulse Since Compound’s distribution patch passed June 30th, which made Dai more attractive to liquidity mine with, Dai issuance has soared more than $...
Newsletter
08 June 2020
3 coins to keep an eye on | Issue #81
Last week, Bitcoin managed to close over the monthly level at $9,676 after covering a 12.5% range from low to high.  The 3.2% higher close came after rejecting higher timeframe levels, leaving some speculating that this was a stop run before a retrace. In contrast, others insist that a bullish breakout is imminent. ...
After millions of dollars worth of ETH collateral was auctioned off for free during Black Thursday's failures, one user is suing the foundation for $28.3 million accusing them of negligent and intentional misrepresentation of the risks of using the protocol. Users were led to believe the maximum los...
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3 coins to keep an eye on 👀