Marmara Credit Loops (MCL)

24h Change +22.68%

24h High $0.0154

24h Low $0.0119

24h Volume $270

Max Supply: 0

Circulation: 76,813,395.769

Market Cap: $1,121,475

MCL
USD

Listing Date:
1704712526123

Network:
Marmara Credit Loops Main Chain

Asset Type:
Coin

Primary Markets (1 active)

Total Market Volume: ~$271

Liquidity Pools (1 Active)

Total Pool Liquidity: ~$530

Market Volume
$270.6

Reserves

Deposit
Block #2495049 @ 2.23 min ago

Balance: 779.99983200

Updated: 1.87 min ago

Withdraw
Block #2495049 @ 2.23 min ago

Balance: 1212234.03411543

Updated: 1.87 min ago

Safe
Block # N/A

Balance: 0

Updated: 424565.18 min ago

MCL Ratio
100.00%
Customer Net Balances
1,213,014.231
XeggeX Net Balances
1,213,014.034

Highlighted Assets

Market Cap: $6.37M $0.0640

Market Cap: $5.17M $0.000688

Top Volumes

BTC/USDT
Bitcoin

Volume: $337562 $72174.17

ETH/USDT
Ethereum

Volume: $148339 $2617.48

BEL/USDT
Bells

Volume: $116110 $1.6378

Biggest Gains

CCC/DOGE
Ceiling Cat Coin

+455.00% $0.00001348

RBL/BTC
RebelCoin

+281.82% $0.00030304

XMD/USDT
Mandike

+125.03% $0.00004971

About Marmara Credit Loops

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. Utilizing a UTXO-based Turing Complete Smart Contracting system powered by Komodo Platform, MCL ensures robust security, including protection against 51% attacks through Komodo's dPoW technology, which leverages hash power of other platforms such as Bitcoin and LiteCoin for added security. 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 Zincir 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.