Review on Maker by Sampat Kharat

Name: Maker
Item: Maker
Rating: 5

September 18, 2018

Maker is decentralized cryptocurrency based on ethereums blockchain Maker is…

Maker is decentralized cryptocurrency based on ethereums blockchain  Maker is not for beginners, the maker doesn't have good liquidity, maker team is also not much active on social media 
﻿

Updated 5 years ago

Rating changed from 4 to 5

The Maker Protocol, which powers MCD, is a smart contract system that backs and stabilizes the value of Dai through a dynamic combination of Collateralized Debt Positions (CDPs), autonomous feedback mechanisms, and appropriately incentivized external actors. 
﻿

Pros

Maker is decentralized cryptocurrency; the maker is focusing towards to creating stabilized cryptocurrency make also created dai, DAI is similar to USDT, dai is better that usdt because we can store dai on any ethereum wallet, but usdt cannot be stored easily, Maker have a less maximum supply, maker have great rank on coinmarketcap

Cons

Maker rank is good, but maker don't have good volume, maker team is not updating roadmap not giving good updates to its users, the maker is not listed on big exchanges