What is maker crypto (MKR)?

Meanwhile, Maker crypto (MKR) is used to maintain this system. The MKR coin stabilizes the price of Dai and also counters fluctuations in the price of Dai. If the price of Dai falls too low, MKR is created. Likewise, if it rises too high, MKR is destroyed.

Is maker a good cryptocurrency?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Maker an overall rating of "BB-", a technology and adoption rating of "B", and a market performance rating of "C-". Where can I get Maker wallet?

What is the maker protocol?

Maker Protocol: The Maker Protocol, developed on the Ethereum blockchain, allows users to build their own currency, the Dai stablecoin. MakerDAO regulates the Maker Protocol by deciding on critical parameters (e.g., stability fees, collateral types/rates, etc.) using MKR holders' voting power.

Who is the maker?

He was a developer and programmer that passion was cryptocurrencies. The Maker has a strong team of more than 30 professionals working day and night to succeed. The Maker team was able to launch the MKR coin in 2015. After three years of the project launch, DAI stable coin was launched in December 2017.