Marmara Credit Loops (MCL Coin) (MCL)

Marmara Credit Loops (MCL Coin), with ticker MCL, is the first and only decentralized finance (DeFi) system in the world designed to operate within the real economy. It aims to digitalize the credits created through post-dated cheques and promissory notes in a peer-to-peer manner, similar to the circulation of paper-based blockchain promissory notes. By migrating this traditional credit system to the blockchain, MCL Coin solves the issue of non-redemption of these financial instruments.

Marmara Credit Loops operates with two versions of its protocol. Version 1.0 uses a 100% self-assured credit loop system, where each credit is fully collateralized. In contrast, Version 2.0 is based on trust and is inspired by traditional post-dated cheques, functioning as an analog version on papers like post-dated cheques and promissory notes in circulation. The MCL Coin platform offers features such as 3x staking power and block rewards per minute.

MCL Coin is the first DeFi system to bridge the gap between traditional credit creation in the real world and blockchain technology. With its initial version already demonstrating the possibilities, the platform is expected to gain further popularity with the release of its second version. MCL Coin is supported by notable industry figures such as James LEE, founder of KomodoPlatform, and Prof. Dr. Gültekin Çetiner, founder of Marmara Chain, who believe in its potential to revolutionize the future of decentralized finance.