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.
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