OKLink

by OKLink

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Dignity Token

by Cryptobontix

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Maker Token

by MakerDAO

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OKLink

by OKLink

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Dignity Token

by Cryptobontix

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Maker Token

by MakerDAO

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What problem does this service solve?

OKLink gives clients the tools they need to execute cross-border Crypto payments more easily.Dignity is a gold backed stablecoin. It is one of several digital tokens created by Cryptobontix, that attempt to reduce price volatility by pegging them to a physical asset.The Maker token is the native token of the MakerDAO platform. Its purpose is to help govern and stabilize the DAI stablecoin project.

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Company Description

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.

Dignity is a stablecoin pegged to gold, that was developed by the company Cryptobontix. Each DIG token is pegged to the worth of 0.02445 grams of gold, which was worth exactly $1.00 at the time of the Dignity whitepaper.
Cryptobontix's portfolio of stablecoins are based on a partnership with bullion suppliers. Each individual token acts as a security on a 15-year convertible mortgage. The DIG token is pegged to the value of gold. Every year, 1/15th of the tokens can be redeemed for gold valued at around $1.00.
Cryptobontix does not actually own all of the physical gold. The company plans on spending its profits on acquiring the actual bullion that token holders will have the option of converting.

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.

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