Decentralized Coin for the Crypto Community
MAKER mission is to build the strongest and most inclusive community in Web 3. All are welcome.
MKR TOKEN
MKR is a decentralized protocol that restructures incentives to improve liquidity across DeFi. MKR Mission is to become the token of the masses where hassle-free transactions are carried out with a simple tap.
MKR Features
Our solution to the trilemma above is Satoshi Plus consensus, which operates at the MKR of the MKR Network. Satoshi Plus consensus combines Proof ofWork (PoW) and Delegated Proof of Stake (DPoS) to leverage the strengths of each while simultaneously ameliorating their respective shortcomings. .
Validators
Responsible for producing blocks and validating transactions on the MKR network. Becoming a validator requires registration with the network and locking up a refundable MKR deposit to be included into the validator set per the rules of the validator election. Anyone can deposit and become a validator on MKR.
Relayers
Responsible for producing blocks and validating transactions on the MKR network. Becoming a validator requires registration with the network and locking up a refundable MKR deposit to be included into the validator set per the rules of the validator election. Anyone can deposit and become a validator on MKR.
MKR Holders
Holders of the MKR currency, the base currency of the MKR chain. All holders of MKR are able to participate in staking by delegating their holdings to a validator.
Verifiers
Responsible for reporting malicious behaviors on the network. Anyone can act as a verifier in the MKR network. Successful verification flags may result in slashing (rewards or stake) or jailing misbehaving validators.
Participate in Presale and Airdrop.
Join Pre Sale
Pre sale end on 17 Feb 2023.
1 MKR = 25$
Get it now while it's cheap (MAX 10 BNB)
- 0.01 BNB = 150 MKR
- 0.1 BNB = 1,500 MKR
- 1 BNB = 15,000 MKR
- 10 BNB = 150,000 MKR
Claim Airdrop
Invite People to get 40% BNB and 100% MKR on Every Airdrop and Presale.
Claim 50 MKR- Unlimited Referral Bonuses
- Get 100% MKR & 40% BNB per referral
MKR Proof of Work
Proof of Work is a practical mechanism for implementing a decentralized network. PoW is non-discriminatory and allows anyone who owns compute power to participate in mining. Leveraging the existing BTC mining network, MKR relayers transmit each Bitcoin block as a transaction to the MKR chain.
BTC Miners
Using their public and private keys, BTC miners can delegate their hash power to a MKR validator or delegate to themselves if they choose to run a validator by verifying and syncing their identity (addresses) on both the BTC and MKR blockchains. When relayers submit transactions, they sync the blocks mined by the BTC miner with the MKR Network.
Delegated Proof of Stake
Proof of Stake is a scalable, energy-saving alternative to PoW, but it restricts small stake users. In an attempt to level the playing field, some blockchains have introduced various types of Delegated Proof of Stake (DPoS) mechanisms, allowing the token holders to vote and elect the validator set by delegating their holdings to validators, typically incentivized by rewards. Using DPoS, even small-stake MKR holders can delegate their MKR to validator candidates, which empowers the community and incentivizes the democratization of delegated MKR.
Rewards
At the last block of a round, rewards are calculated and distributed. Currently, 90% of the rewards go to the validators and 10% of the rewards go to the System Reward Contract. Of the 90% paid to validators, some percentage (x%) is taken as a commission by the validator before paying out their delegates.
Tokenomics
Total Supply 100 Million
- Name - MAKER
- Symbol - MKR
- Decimals - 18
Contract Address - 0x4db4cb6463D0E8E791430AC062c4D214e10A9745
MKR TOken Roadmap
Our roadmaps highlights our future plans for MKR and how the community stands to benefit from it.