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Amsterdam
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94 Review
5 Karma

Review on Maker by ava sandres

Revainrating 3 out of 5

Maker DAI good project that offers stable coin

Maker is a decentralized cryptocurrency built on the blockchain of Ethereum. Maker is unsuitable for novices since it lacks liquidity and the maker team is not very active on social media.

The creator creates a stable cryptocurrency called dai, but it lacks sufficient use cases, a competent staff, and sufficient trading volume.

Maker's stable currency dai was just listed on the largest exchange in the world, New York Coinbase. Dai is also available on all major exchanges except Binance, which they aim to list on soon.

Maker is a good cryptocurrency for loans and other purposes; it has its own stable cryptocurrency, DAI, with a price of 1dai = 1$. Dai is most useful for payments and savings, and Maker has the finest roadmap.

Pros
  • Dai is preferable than USDT because it can be saved in any ethereum wallet, whereas USDT cannot. Maker also has a lower maximum supply and a higher coinmarketcap ranking.
Cons
  • Maker has a decent rating, but it doesn't have a lot of volume, the maker team isn't updating the roadmap and isn't providing excellent updates to its users, and the maker isn't listed on any major exchanges.