1 Level
34 Review
40 Karma
Review on Maker by Julio Arvelo
This particular platform, two coins are involved in this stabilizing cycle…
This particular platform, two coins are involved in this stabilizing cycle – the DAI and the MKR. While DAI is responsible for the stability of the crypto aspect of the project, MKR is more of the governance token which regulates the functions, volatility, and availability of the DAI tokens.
Pros
- Began in January 2017 and has since then received an ample support from its community. A cryptocurrency that is pegged to the dollar will always be a plus for the crypto ecosystem regardless of whether it is a utility token or not. The fact that a stabilizing coin can in effect help bring about a more functional use of crypto in everyday usage, and therefore facilitate mainstream adoption.
Cons
- Is not yet available on many major exchanges.
