Marmara Credit Loops current market price is $0.0215 with a 24 hour trading volume of $4,337. The total available supply of Marmara Credit Loops is 0 MCL. It has secured Rank (Not Available) in the cryptocurrency market with a marketcap of $0. The MCL price is 6.8% down in the last 24 hours.
The lowest price of the Marmara Credit Loops is $0.0187 & the highest price is $0.0351 in the last 24 hours. Live Marmara Credit Loops prices from all markets and MCL coin market Capitalization. Stay up to date with the latest Marmara Credit Loops price movements. Check our coin stats data and see when there is an opportunity to buy or sell Marmara Credit Loops at best price in the market.
$0.0215
$-0 6.8%
$0.0187 / $0.0351
$0 0%
(Not Available)
$4,337
0 MCL
(Not Available)
6.8%
11.08%
24.16%
36.81%
16.51%
0%
Compare live prices of Marmara Credit Loops on top exchanges.
| # | Exchange | Pair | Price | Volume (24h) | Trust Score |
|---|---|---|---|---|---|
 XeggeX | MCL/USDT | $0.0215 | $4,043 | ||
 Nonkyc.io | MCL/USDT | $0.0212 | $273 | ||
| Nonkyc.io | MCL/BTC | $0.0215 | $6 | ||
| Nonkyc.io | MCL/LTC | $0.0215 | $16 | ||
 Komodo Wallet | MCL/KMD | $0.0320 | $36 | ||
| Komodo Wallet | MCL/LTC | $0.0220 | $8 |
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.
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