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Maker logo Maker (MKR)

Maker Loans

Can I Take a Loan Out Using Maker As Collateral?

You could borrow against your Maker tokens at rates as low as 0.0593% APY. Open an account and transfer your MKR tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Maker tokens to pay off the loan if necessary. The loan itself can be in a different currency to Maker. USDT and USDC are popular loan currencies.

10 matching crypto loans found
Platform Reviews Setup Fee LTV Rate
CeFi
Switzerland
93%
None
UP TO
90%
FROM
20%
APR
TO
20.1%
APR
Go To SiteGo
DeFi
United Kingdom
69%
69%
None
UP TO
62%
FROM
0.0593%
APY
TO
4.08%
APY
Go To SiteGo

When Can I Get a Maker Loan?

You could use your other crypto assets such as Bitcoin as collateral for a Maker loan. You could borrow Maker at rates as low as 0.0593% APY. Open an account, transfer your collateral currency to the platform and then apply for a MKR loan. If you need some MKR tokens but don't want to sell your collateral tokens then this can be a useful option.

4 matching crypto loans found
Platform Reviews Setup Fee LTV Rate
DeFi
United Kingdom
69%
69%
None
UP TO
62%
FROM
0.0593%
APY
TO
4.08%
APY
Go To SiteGo

Maker FAQs

AMaker was launched in November 2017.
AThe highest price that Maker ever reached was $6,292.31 USD. This all time high price occured on 3 May 2021.
AThe lowest price that Maker ever reached was $168.36 USD. This all time low price occured on 16 Mar 2020.
AYes you can find the Maker Reddit channel at https://reddit.com/r/MakerDAO.
AMaker is part of the Near Protocol, Arbitrum Ecosytem and Bnb Chain ecosystems.
AYes, staking is available for Maker on a number of platforms. For a full list of Maker staking yields see our list of Maker staking yields.
AYou can earn up to 7.2% APY by staking your Maker tokens. Check out our Maker staking yields table for further details.
ARight now the best staking rates are on Coinloan with an income rate of up to 7.2% APY.
AYou can check the technical indicators for Maker on the Maker Price Trend tab. These indicators are based on the analysis of multiple trading signals for Maker.
AYou can find the cheapest exchange on which to buy Maker on the Maker Buy tab.
AYou can check which wallets support Maker on the Maker Wallets tab.
AAlmost all Maker loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Maker flash loans which allow you to borrow uncollateralised Maker for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Maker loans on the Maker Loans tab.
AThe following venture capital firms have invested in Maker: 1 Confirmation, A16z, DragonFly Capital, Electric Capital, Pantera Capital, Paradigm, Placeholder Ventures and Polychain Capital.

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