Marmara Credit Loops (MCL)
Marmara Credit Loops (MCL)
0.00729796 -3.04 %
Rank # 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 0.00
Total Supply 0.00
Max Supply 0.00
  Week Month Year All Time
High

03-04-2024

0.016090100241
-54.64%

04-03-2024

0.042628899129
-82.88%

15-12-2023

0.181253
-95.97%

13-12-2023

₹5,730,800.59
-95.97%
Low

13-12-2024

0.00729796
0.00%

13-12-2024

0.00729796
0.00%

03-04-2024

0.00634539
15.01%

15-11-2024

₹5,628.29
15.06%

Marmara Credit Loops News (Mcl News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Marmara Credit Loops Chart (Mcl Chart)

Marmara Credit Loops Price USD (Mcl Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Marmara Credit Loops Price History (Mcl Price History)
Price Market Cap Volume Date
Marmara Credit Loops (MCL) Social Media
Coin Marmara Credit Loops
Comments
Marmara Credit Loops Price Today (Mcl Price Today)
Marmara Credit Loops (MCL) is a pioneering DeFi system, uniquely designed to operate within the real economy. As the world's first of its kind, MCL revolutionizes traditional credit mechanisms, offering a decentralized alternative rooted in the principles of post-dated checks and promissory notes. The platform's innovative 'Credit Loop' system allows users to issue, endorse, and settle credit with unmatched transparency and security, mirroring real-world financial interactions in a digital realm. MCL operates as an independent smart chain, featuring a coin that is 25% mineable and 75% stakeable, integrated with two distinct DeFi protocols. The platform's staking model is unique; coins can be locked in two funds: 'Activated' and 'Locked in Credit Loop' (LCL). Notably, coins in the LCL fund enable 3x staking rewards for both credit issuers and holders, a feature unparalleled in other staking systems. This dynamic staking mechanism allows coins to remain in circulation, even while locked in credit loops, ensuring liquidity and utility in the real economy. MCL's integration with real-world applications, such as the zero-commission chain market, showcases its potential to transform both digital and traditional marketplaces. The MCL Coin, serving as the native collateralization asset on the Marmara Chain, addresses the nonredemption problem prevalent in traditional credit systems. It acts as a distributed insurance mechanism against defaults, adding another layer of security and trust to the ecosystem. In essence, Marmara Credit Loops is not just a financial platform but a comprehensive ecosystem that bridges the gap between traditional finance and the digital economy, offering a secure, transparent, and efficient system for credit transactions and staking rewards. Also read: LUSD Lusd Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Marmara Credit Loops (MCL) is USD 0.00729796
24 Hours, High Price of Marmara Credit Loops (MCL) is USD 0.00772281 and Low price of Marmara Credit Loops (MCL) is USD 0.00711775
The total supply of Marmara Credit Loops (MCL) is and Circulating supply of Marmara Credit Loops (MCL) is 0.00
The trading volume of Marmara Credit Loops (MCL) is In the last 24 hours