Maker is a smart contract platform built on the Ethereum blockchain. It is built with the purpose of solving volatility issues for the broad crypto market and the basis for the blockchain-based banking system, a new-generation system which allows peer-to-peer transactions as well as faster and simpler international transactions.
The Maker coin, MKR, has three roles on the platform. It is used for governance, where holders can vote on risk management and business logic of the Maker cryptosystem, utility token, and a recapitalization resource. It is also used to pay fees when generating DAI, Maker’s stablecoin pegged to the U. S. dollar. Each time fees are paid, the platform automatically burns MKR, removing it. Thus, the supply of MKR is directly connected to the demand for DAI.
The fastest, most convenient way to purchase Maker is to purchase it on ICONOMI. We check Maker live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Maker by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Maker is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Maker, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Maker in their structure.
Here you can read and comment on all posts made by Strategists about Maker MKR. See all Maker price predictions in real time and make the best use of their crypto knowledge.
🤟 Rebalancing Info 01.11.2023 🤟
Strategy Performance Oktober:+13% 🚀
Winner Oktober: $SOL+105% 🚀🚀
Loser Oktober: $MKR -15% 😒
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 1 change in the Top25:
1x Out: $MKR
24x Rebalanced
1x New: $APT
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
🤟 Rebalancing Info 01.10.2023 🤟
Strategy Performance September: +5% 👍
Winner September: $LINK +36% 🚀
Loser September: $SHIB
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 1 change in the Top25:
1x Out: $CRO
24x Rebalanced
1x New: $MKR
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
In a surprising turn of events, Binance has chosen to exit the Russian market. This decision closely follows reports suggesting an investigation by the U.S. Department of Justice over potential sanctions violations.
On a different note, MakerDAO has been in the spotlight with $MKR token's impressive 15% surge over a week. An uptick in the number of MKR tokens held on centralized exchanges hints at possible price volatility, potentially due to increasing investor interest.
