What is Maro (MARO)?
Maro provides secure financial services for people all over the world. It utilizes blockchain technology to provide its users with an accessible infrastructure. Developers can create, launch, and manage highly successful dApps with the Maro ecosystem. The blockchain and protocols of the platform work together to drive growth in the entire ecosystem. There are two protocols that make up this system - Acorn and Tigris.
Acorn protocol strives to build a shared, open-source network. Its Acorn Box mobile wallet is designed for ease of use by all users. Tigris protocol provides a secure and efficient decentralized finance (DeFi) solution.
Maro strives to fix the issues that current blockchain technology faces in facilitating extensive transactions and a vast selection of applications. The key component of this platform is an effective multi-tier Delegated Proof-of-Stake (DPoS) consensus mechanism. In addition, it offers boosted performance, expandability, security, robustness, and mobile compatibility for large-scale operations through its Multi-Network mechanism.
The MARO token serves as the utility token of the platform. You can find the current MARO price on the live Maro price chart above.
MARO Use Cases
The MARO coin follows the ERC-20 standard and works within its own system. It allows for asset transfers, deployment of smart contracts, and access to various resources.
Individuals can trade their MARO crypto tokens with other forms of currency on the Maro DEX. Additionally, Maro Pay, a separate payment system built on the platform, can be utilized for making payments.
Also, MARO coin holders get governance rights. They are able to get involved by casting their vote for a Representative depending on the individual's stance through the MARO Connect all-in-one wallet. At the end of each voting period, all Representatives cast their ballots on any proposed changes. The amount of votes each Representative has is different based on how many citizens voted for them.
For a proposal to be accepted, two-thirds of the votes must be in agreement. When a proposition passes, its implementation can happen without needing code alterations due to Proof-of-Autonomy (PoA) consensus technology being used online. In this manner, average users have an opportunity to take part in governing the consensus protocol by choosing which Representative they believe in most.
Developers can also accept MARO coins as a payment method in their dApps, which helps build the value chain and attract more users.
Care to see the recent movements in the MARO price? Take a look at the up-to-date Maro price chart above.
Who Founded Maro?
Details about the founders of Maro are scarce online, however, it is reputed that the team is made up of competent blockchain developers, crypto enthusiasts, and finance specialists.
MARO Tokenomics
The maximum supply of MARO tokens is pegged at 1 billion. The division of MARO coins is as follows: 25% were given out in the TTC Interim Token sale, 20% were set aside for ecosystem building, 20% were reserved for Maro to help create a healthy and accessible environment, 25% were dedicated for consensus mining framework to reward Representatives and voters, 8% were reserved for team members and advisors, and 2% went towards legacy users and bounty programs.
