MKR (Fuse) is the bridged version of MKR token on Fuse network.
The Maker token (MRK) is a governance token that is used to govern and recapitalize the Maker protocol. Holders of the token can participate and vote on changes to the protocol’s smart contract and system parameters such as Stability Fees and the Dai Savings Rate (DSR).
Maker is a smart contract lending platform that enables users to take out loans by locking-in collateral in exchange for Dai. It was founded by the Maker Foundation in 2015 as an open-source project to offer economic freedom and opportunities to anyone, anywhere. In 2017, it launched the Maker governance token (MKR) and its first stablecoin iteration known as the Single Collateral Dai (SAI), which used Ether (ETH) as collateral.
What is the highest value MKR (Fuse) (MKR) has ever reached?
MKR (Fuse) (MKR) reached its peak price at 2,193.59 $ on 28 August 2024, approximately a year ago ago. Presently, the current price is -22.33% lower than this all-time high.
What is the historical minimum price for MKR (Fuse) (MKR)?
The minimum price reached for MKR (Fuse) (MKR) was 1,306.14 $, documented on 23 November 2024, more than a year ago. In comparison, the current price is 30.43%, it above this historical low.
What is the fully diluted valuation of MKR (Fuse) (MKR)?
The fully diluted valuation (FDV) of MKR (Fuse) (MKR) stands at $ 1,703.63. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of MKR tokens. The realization of this FDV might take several years depending on the emission schedule of MKR tokens.