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Review on Maker by Pradeep Salgare

Revainrating 5 out of 5

Overall Maker is the best decentralized autonomous project and the Dai project…

Overall Maker is the best decentralized autonomous project and the Dai project of maker offers a potent and practical solution to stabilize the value of Dai on ethereum based platform.Also Maker having great market cap in total cryptocurrency market and ranked on 30th position in all cryptocurrencies.



Updated 5 years ago
Rating changed from 4 to 5
;p Now maker Dao focusing towards for creates legends dapps on ethereum blockchain also congratulation for maker for increasing intrust of institutional



Pros
  • Maker is a decentralized Ethereum based autonomous project. Maker coin has its own token, the Dai is also known as a stable coin and Maker brings make huge investment profit as it is stable as it creates Dai to minimize the risk. Maker coin is based on ERC20 smart tokens called CDPs. The maker has only 1 million supply and it also acquires great market cap and ranked on 30th rank as market cap.
Cons
  • There are no major cons about Maker project but some of them are like MakerDai is a stable coin so this coin is not having potential for return as other cryptocurrencies.Also, Maker is not listed on major exchanges like, Binance. so,Big traders are not trading with maker Project.