Dynamic and history value of price MKR. Maximal value of price Maker was 1907.78$ - 2021-01-10 06:00:09, Minimal price of MKR was 482.29$ value and fixed at 2020-12-09 08:00:15. Today price of Maker is : 0$
Maker mainly provides low-cost banking services. Those who cannot obtain loans through traditional banking channels can borrow Dai (the stable currency of the Maker platform) on the Maker platform through mortgage digital assets. When users deposit digital assets into smart contracts, they can immediately obtain the corresponding proportion of the loan amount based on Dai, and then make any consumption or investment. MKR is a management token and utility token of the Maker system, which is used to pay the stability fee of borrowing Dai (the stable currency of the Maker system) and participate in the management system. Due to its unique supply mechanism and role on the Maker platform, the value of MKR is closely related to the performance of the entire system. If managed well, MKR holders can reap the benefits. Of course, if the management is not proper, the holder also needs to bear the corresponding costs. When users borrow Dai through mortgage assets, there will be a certain stability fee. When recovering the mortgage assets, the stabilization fee needs to be paid through MKR tokens, and the system will automatically destroy this part of MKR. This means that MKR is always in demand, and its number will gradually decrease. MKR token holders can also vote for system parameters, making the system more secure. If some collateral is mismanaged and insolvent, MKR will automatically dilute to raise sufficient funds for asset restructuring. This risk mechanism keeps the interests of MKR holders consistent with the system.