What is Maker?

Maker (MKR) is the governance token of the Maker Protocol, one of the largest dapps on the Ethereum blockchain.

The Maker protocol is a DeFi (decentralized finance) application, used to create the stablecoin Dai, a decentralized, unbiased, collateral-backed cryptocurrency pegged to the US dollar.What are the use cases of Maker?

MKR is the governance token of the Maker Protocol, meaning the holders of MKR govern the Protocol to make sure the project remains stable, transparent and efficient. MKR tokens can be locked into voting contracts to participate in the blockchain’s governance. The Maker Protocol & Dai Stablecoin System accept Ethereum-based assets as collateral, after approval by MKR holders.

Where can you buy MKR?

MKR is now available for trading and instant purchase via Liquid Buy and Swap, where Visa cards are accepted globally. Currently available trading pairs are MKR/BTC, MKR/USDT.

All guest authors’ opinions are their own. Liquid does not endorse or adopt any such opinions, and we cannot guarantee any claims made in content written by guest authors.

This content is not financial advice and it is not a recommendation to buy or sell any cryptocurrency or engage in any trading or other activities. You must not rely on this content for any financial decisions. Acquiring, trading, and otherwise transacting with cryptocurrency involves significant risks. We strongly advise our readers to conduct their own independent research before engaging in any such activities.

Liquid does not guarantee or imply that any cryptocurrency or activity described in this content is available or legal in any specific reader’s location. It is the reader’s responsibility to know the applicable laws in his or her own country.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our NEWSLETTER

Coins Shield

We build crypto products that are simple, elegant, and secure. Whether you are an individual or an institution, we want to help you buy, trade, and store your bitcoin and cryptocurrency. We are committed to earning and maintaining your trust. We believe that in order to do so, we must invest in our four pillars for the long-term. Product, Security, Licensing, and Compliance are the inputs that generate a trust output.

Crypto is about giving you greater choice, independence, and opportunity. We are here to help you on your journey.

Quick Links

© 2021 Coins Shield. All rights reserved.

Risk Warning

The Financial Products offered by the company include Contracts for Difference ('CFDs') and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.

Refund Reason