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What is MKR?

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A governance token used to maintain the MakerDAO protocol

  • MakerDAO believes that a decentralized stablecoin is required to have anyone fully realize the advantages of digital money. The Maker Protocol employs a two-token system to achieve this vision: DAI and MKR.
  • The Maker Protocol is governed democratically. MKR allows those who hold it to vote on changes to the Maker Protocol.
  • This means that if you hold MKR, you have the power to decide key parameters of the protocol. These parameters include stability fee rates, the types of collateral which back dai, and their rates.

Why buy Maker?

As an MKR holder, your vote can decide to:

  • Add a​ ​new​ ​collateral asset ​type.
  • Change the risk parameters of one or more existing collateral asset types, or add new parameters to one or more existing collateral asset types.
  • Modify​ ​the Dai Savings Rate.
  • Choose the set of Oracle Feeds.
  • Choose the set of Emergency Oracles.
  • Trigger Emergency Shutdown.
  • Upgrade the system.

Getting Started

1. Create an Account

Register with your phone number, and submit your KYC documents

2. Make a Deposit

Add crypto to your ZebPay wallet, or link your bank account to buy crypto for the first time

3. Start Trading!

You can even buy Bitcoin in fractions, for as little as a ₹100!

Start trading in other digital assets too