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.

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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. .

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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.

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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.

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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.

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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 27 December 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

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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.

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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.

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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.

December 2022
Development of the MAKER Website. Assembling the Team
Januray 2023
Marketing Plans unveiled. Creation of the MKR Network Smart Contract
January 2023
Full-scale airdrop and presale begins
February 2023
Deployed a high-quality Fast Bridge across all chain
May 2023
Listing and trading of MKR begins on Pancakeswap and other CEX