We are very delighted to announce that MAKES (MKS) token smart contract has been created, tokens were minted, and will start entering into global crypto market cap circulation.
MAKES (MKS) token is the blood flow of the
CoinMargin crypto and digital asset platform. It makes it way easier and more efficient to transact at preferable rates but it is way more than just another exchange-based token. It is a vehicle for community building, loyalty rewards, and enabling opportunity for everyone - crypto veterans and newcomers alike to succeed and profit from emerging financial markets.
The MAKES (MKS) token empowers a number of features, presently on the CoinMargin platform, and in the future - across the CoinMargin partner network in the SEA region. The ultimate vision for MKS is to serve as a unified settlement, liquidity, and community engagement instrument across the entire region and expand globally.
The MKS token leads the next generation of exchange utility token models: while other tokens have a fixed utility: MKS has been designed in a way to allow an expanding set of use cases, thus driving the MKS token value over time with an increasing number of partnerships and community members.
MAKES (MKS) Utility and Use-Cases
The token utility is now the name of the game. People are tired of buying and holding tokens with no function, hopelessly waiting for the project to gain traction. CoinMargin is taking a completely different approach and has planned for a plethora of different functionalities for MAKES token to be incorporated into the CoinMArgin infrastructure.
For starters, there are basic token utility functions ready to be experienced by CoinMargin users, and more advanced functions are planned to be implemented further down the roadmap.
Fee reduction - the classic case for exchange-based tokens. The longer you hold and keep your MKS, the smaller transaction fees you will pay for executing trades on the CoinMargin platform. The feature is simple and straightforward yet very powerful, especially if you’re an avid trader. Small savings accumulate and reap huge harvests down the road.
Community voting - CoinMargin users who own MAKES will have the ability to influence what gets onboarded to the trading platform, which new features and functionalities are prioritized and help suggest new crypto startups for the IEO launchpad.
CoinMargin Fee Redistribution - 30% of fees that CoinMargin collects will be given back to the community of token buy-backs providing an alternative revenue stream for MAKES (MKS) holders and traders.
MAKES (MKS) Lending - CoinMargin users will have the opportunity to passively earn risk-adjusted interest and lend their MAKES (MKS) coins in exchange for a percentage fee
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https://t.me/CoinMakes We are very glad to be in this prospering crypto community! We appreciate all feedback and will make sure to take your comments and suggestions into account. Visit https://coinmakes.com/home to find out more about M A K E S
