1 Level
9 Review
4 Karma
Review on Maker by Sunny Lee
MakerDAO is a new decryption feature created by a company called Maker that…
MakerDAO is a new decryption feature created by a company called Maker that has created a Maker system and an MKR token. The main purpose of this token is stability. Cryptocurrencies are very volatile, as I said before. This volatility can be an investment issue, so Maker's goal is to create a daai to minimize the risk.
Dai will automatically respond to market changes to stabilize prices with other types of currencies under the motto "distributed stabilization"
Pros
- If you lend to Dai, you can actually get the interest rate that you can actually calculate because the merchant / user can lend that decipherability and the price is not very aggressive. This makes Dai the perfect cryptocurrency for those who want a solid and stable income with low Risk .
Cons
- We already have tether, Trueusd, nusd and other stable coin.i wonder how marker Dai plans to disrupt other stable coins and become specialized while been more accepted by the community.
