A quick heads up for you Coinbase account holders! Available to select users, so check your account, is $6.00 worth of MKR by way of their earn program.
Ar the time of writing, $6.00 in MKR comes to a total of .01059 of a token. One MKR currently has a market value of $572.50.
MKR makes DAI
For those unfamiliar with MKR, it is the protocol for which DAI is created. Maker ensures a constant balancing of different crypto assets to keep DAI pegged to the US Dollar.
Each token held by owners of MKR have an equal voting weight. Hodlers can then vote on (or create) proposals in the MKR governance system.
MKR seeks to bring Decentralized Finance to the masses. Especially for people countries with high deflation that are otherwise without access to global investment options.
Anyone who has a crypto wallet and Hodls cryptocurrency has access to MKR and DAI.
For more information visit the MAKER website or read the MKR Whitepaper
Recent News In MKR
MKR is up over 9.5 percent today, perhaps pumping on today's news. Chainlink, Compound, and Looping are now collateral options with MKR.
https://www.coindesk.com/makerdao-adds-chainlink-compound-loopring-as-collateral-options
Just yesterday, news dropped that MKR is moving to arbitration in a $28 Mil lawsuit which claims they misrepresented risks to investors.
https://www.coindesk.com/28m-makerdao-class-action-lawsuit-arbitration
Nothing but good news for MKR and clear skies on the horizon.
Disclaimer: In no way should this post be construed as financial advice.
Thanks for reading and as always...
Images Courtesy Of MAKER Brand Assets
Bottom Image Courtesy Of Hive.io Brand Assets
Want To Join The HIVE Community? Use My Referral Link To HiveOnboard.com