Header banner
Revain logoHome Page
No David photo
1 Level
16 Review
37 Karma

Review on Maker by No David

Revainrating 4 out of 5

As token, MKR can be used to pay several fees related to DAI oriented. basis…

As token, MKR can be used to pay several fees related to DAI oriented. basis of a simple banking system built on blockchain technology that allows, Maker brings a huge investment benefits along with it as it is stable as it creates Dai to minimize the risk.Stability is a valuable aspect of a cryptocurrency. Maker governance brings about the fairness to its community - Running on Ethereum, one of the best blockchains currently.



Pros
  • MKR is a cryptocurrency depicted as a smart contract platform, deployed on the Ethereum blockchain. Its purpose is to stabilize the value of a bond known as DAI through smart contracts called Collateralized Debt Positions (CDP). Maker is certainly an interesting cryptocurrency and I consider investing in it in the future,and it makes it possible for a stability coin as strong as DAI to exist.
Cons
  • A good place to store your assets during the fluctuation of the market, i think the maker needs to build more community.