When network fees are paid, some MKR tokens are burned, which means they’re more likely to remain at a higher value due to the balance between supply and demand. Burning ensures that the MKR tokens in circulation will never oversaturate, and decreases the chance of their value going down.
Maker’s stablecoin foundation allows your investments to be protected from gross fluctuation, positioning Maker as a good cryptocurrency investment for the risk averse. Savvy investors also can manipulate their Maker investments through smart lending to make additional earnings through interest.
If you’re looking for a stable, safer investment, Maker stands out as a great option. The MKR token helps keep the DAI stablecoin as close to $1 USD as possible. If the demand for DAI increases, more MKR will be burned in exchange. As a result, it’s unlikely that changes in supply and demand suddenly will devalue MKR coins.
As well, the Maker platform lets anyone take out low-interest cryptocurrency loans, without needing to provide personal information. That’s a stark contrast to bank loans, where borrowers must give personal details and pay exorbitant interest fees.
Sign up now, or download our Coinberry app from Google Play or the App Store. Like the crypto markets, we’re available 24/7.
After you sign up, you’ll need to verify your account.
Over 90% of our members get verified immediately, and then start trading right away.
You can buy MKR right away at the best rates.
Get started with as little as $50 CAD. You can use a bank wire or an Interac e-Transfer to fund your account.