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The Maker token is the native token of the MakerDAO platform. Its purpose is to help govern and stabilize the DAI stablecoin project.OKLink gives clients the tools they need to execute cross-border Crypto payments more easily.

Token Stats

Company Description

The Maker token (MKR) is the MakerDAO native token. It acts as a utility token, governance token and a recapitalization tool for the MakerDAO platform, which manages the DAI stablecoin. MKR is used as part of the stabilizing mechanism that is in place to combat the price volatility of the DAI stablecoin.
DAI is pegged to the US dollar and has collateral in place to ensure stability. The MKR token is used is to pay for the "collateralized debt positions" (CDPs) that have been used to generate DAI. After this MKR is used, it is removed from the supply. MKR holders also contribute to the governance of the MakerDAO and vote on crucial issues related to the direction of the DAI stablecoin.

OKLink is a Hong Kong based blockchain settlement network. OKLink provides businesses with the infrastructure for their cross-border payment needs. The crypto settlement network currently supports collection and payouts in 40+ countries across Asia, Europe, and the Americas. The company's clients include payment and remittance companies, banks, and mobile wallets that use OKLink’s blockchain infrastructure and technology to solve all issues regarding licensing, banking, compliance, and settlement. The company created the USDK stablecoin.

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