Could you please elaborate on the timing of Maker coin's introduction to the market? I'm curious to know when this cryptocurrency made its debut and if there were any notable events surrounding its launch. Additionally, would you happen to know if there were any significant factors or reasons that contributed to its initial release? I'm quite interested in understanding the background and context surrounding Maker coin's emergence in the cryptocurrency sphere.
7 answers
CryptoPioneer
Tue Jun 18 2024
Its implementation generated a remarkable sum of $100 million in debt, a testament to the demand for such a collateral-based lending system.
Skywalker
Tue Jun 18 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services in the crypto ecosystem.
HallyuHype
Tue Jun 18 2024
The Maker protocol debuted in December 2017, initially introduced as a Single Collateral Dai (SCD) framework.
Giulia
Tue Jun 18 2024
Among its offerings are spot trading, futures contracts, and a secure wallet solution, catering to diverse needs in the crypto market.
Daniele
Tue Jun 18 2024
The SCD protocol was designed with a specific focus, allowing only Ethereum to be utilized as collateral for loans.