Maker

Maker (MKR) is Maker DAO and Maker dApp, respectively. Both are based on the Ethereum blockchain, which allows users to issue and manage DAI staboins. 
 Originally conceived in 2015 and fully launched in December 2017, the Maker project is tasked with operating DAI, a decentralized cryptocurrency managed by the community, Its value is soft pegged to the dollar. 
MKR token as a voting stock of the organization that manages DAI; While they do not pay dividends to their holders, they do give them voting rights on the development of Maker Protocol and are expected to appreciate based on DAI's own success. 
 The Maker Ecosystem is one of the earliest projects in the field of decentralized finance (DeFi), which seeks to build decentralized financial products on blockchains that support smart contracts, such as Ethereum. 
Dai is one of the most popular staboins (cryptocurrencies whose prices are pegged to the U.S. dollar or other traditional currencies). It's the 25th largest cryptocurrency, with a market cap of over $800 million, and it has more active addresses than USDT, the largest stablecoin on the market. 
MKR's unique proposition is that it allows its holders to participate directly in the process of managing affiliates. Each Maker token holder has the right to vote on some changes to Maker Protocol, and their voting power depends on the size of their MKR shares. Some aspects on which agreement holders can vote are :
 Added a new secured asset type to the protocol, allowing users to submit new cryptocurrencies to make more DAI; Modify the risk parameters of existing secured asset types; Change the token savings rate: token holders can earn savings by locking their tokens into a special contract, and the savings rate affects the profitability of that contract; Select a predictor, an entity that provides trusted off-blockchain data to the maker ecosystem; 
 This ability to participate in managing one of the largest stablecoin on the market drives demand for MKR tokens, and accordingly affects their value. 
 The launch and removal of MKR is managed by a complex system of interdependency mechanisms designed to ensure that DAI is always fully backed by other cryptocurrency assets and maintains its soft peg to the US dollar. There is no hard coding limit on the total supply of MKR. 
DAI's value comes from collateral, other cryptocurrencies that users deposit when minting new DAI tokens and storing them in a so-called vault, secured by smart contracts on the Ethereum blockchain. 
 During price declines, the value of the cryptocurrency stored in the vault may become insufficient to fully pledge the corresponding amount of DAI. In this case, the Maker agreement automatically triggers the liquidation of the vault's collateral and uses the proceeds to pay off the vault's obligations. If insufficient tokens are generated during liquidation, the Maker agreement mints new MKR tokens to sell and cover the remaining amount, increasing the total supply. 
 However, in some cases, the number of tokens from the auction exceeds the limit necessary to ensure adequate collateral and it is then used by the Maker protocol to repurchase and burn MKR tokens, Reducing their total supply. 
 Therefore, the supply of MKR is a dynamic value that changes based on market conditions and the overall health of the DAI ecosystem.

Ethereum，Avalanche，BSC，Arbi，Polygon，Energi

0x9f8F72aA9304c8B593d555F12eF6589cC3A579A2

0x88128fd4b259552A9A1D457f435a6527AAb72d42

0x5f0da599bb2cccfcf6fdfd7d81743b6020864350

0x2e9a6df78e42a30712c10a9dc4b1c8656f8f2879

0x6f7C932e7684666C9fd1d44527765433e01fF61d

0x050317d93f29D1bA5FF3EaC3b8157fD4E345588D

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Maker (MKR) Intro

Rune Christensen - CEO
Andy Milenius - CTO&nbsp;
&nbsp;

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https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/0dd096ba-0968-4a54-a641-0af812242a55.jpg

3 reasons why Maker (MKR) fundamentals hint at further price upside

https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvMTNmMTkxNmEtY2JjZi00MDk1LThmYjEtZTY4Y2ZiOTA1NDJkLmpwZw==.jpg

SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price

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Gist

Graduated from the University of Copenhagen, co-founded the recruitment company Try China during school, responsible for recruiting customers and managing business; founded the Maker agreement in March 2015, launched the OasisDEX decentralized exchange in 2016, and officially launched in Ethereum in 2017 List DAI.

Rune Christensen

In 2011, he co-columned Maiax mobile software and developed the mobile platform game Reminiscene; in 2017, he columned Be.Blockchain, organized Chainevents.io activities, and joined Buenbit Software Chief Marketing Officer; in July 2018, he joined the MakerDAO South American community in charge and was promoted to senior marketing manager for three years; currently working as a strategic director at MakerDAO.

Mariano Di Pietrantonio

Obtained a Master of Science degree in Financial Mathematics from the University of Cape Town, joined Penryth Global Securities Lending in March 2001 as head of product development; worked in PSG Investment Bank in 2002, responsible for interest rate derivatives transactions; worked in Polus Capital from January 2003 to August 2012 CEO; joined MakerDAO in April 2018 and served as COO.<figure class="lh li lj lk ll lm le lf paragraph-image"></figure>

	Rank	Source	Price	24h	Volume(24H)	Trading Percent	Updated
1	Binance	1	Binance	MKR/USDT	1,138	-2.9%	$8,150,151.71	9.9592%	2024-11-04 22:05:29
2	OKX	2	OKX	MKR/USDT	1,140.2	-2.66%	$1,808,480.32	2.2099%	2024-11-04 22:03:52
3	Bitget	3	Bitget	MKR/USDT	1,145.2	-2.19%	$687,580.98	0.8402%	2024-11-04 22:05:39
4	Kraken	4	Kraken	MKR/USD	$1,140.40	-3.07%	$371,481.69	0.4539%	2024-11-04 21:48:09
5	MEXC	5	MEXC	MKR/USDT	1,141.9	-2.52%	$202,722.65	0.2477%	2024-11-04 22:05:04
6	KuCoin	6	KuCoin	MKR/USDT	1,141.82	-2.6%	$155,447.15	0.1900%	2024-11-04 22:04:29
7	HitBTC	7	HitBTC	MKR/USDT	1,137.852	-2.88%	$150,172.25	0.1835%	2024-11-04 22:03:29
8	BingX	8	BingX	MKR/USDT	1,144.11	-2.34%	$127,781.69	0.1561%	2024-11-04 22:05:12
9	CoinW	9	CoinW	MKR/USDT	1,143.45	-2.54%	$94,729.69	0.1158%	2024-11-04 22:05:22
10	Kraken	10	Kraken	MKR/EUR	1,049	-3.12%	$79,070.77	0.0966%	2024-11-04 21:52:17
11	Binance	11	Binance	MKR/TRY	39,300	-3.54%	$54,115.17	0.0661%	2024-11-04 22:03:40
12	Binance	12	Binance	MKR/BTC	0.01692000	-0.18%	$40,474.95	0.0495%	2024-11-04 22:05:05

	Volume(24H)	Trading Percent
OKX	OKX	$1,818,745.59	5.0324%	Visit
Binance	Binance	$8,244,741.83	22.8130%	Visit
Bitfinex	Bitfinex	$30,791.39	0.0852%	Visit
Kraken	Kraken	$459,137	1.2704%	Visit
Gate.io	Gate.io	$34,442.07	0.0953%	Visit
KuCoin	KuCoin	$160,792.91	0.4449%	Visit
Crypto.com	Crypto.com	$19,181.55	0.0531%	Visit
Bitget	Bitget	$687,580.98	1.9025%	Visit
MEXC	MEXC	$202,722.65	0.5609%	Visit
BingX	BingX	$127,781.69	0.3536%	Visit
HitBTC	HitBTC	$150,172.25	0.4155%	Visit

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