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Review on Maker by Nhung Nho

Revainrating 4 out of 5

Maker MKR is the proprietary token for Maker, and it is backed by Ether rather…

Maker MKR is the proprietary token for Maker, and it is backed by Ether rather than fiat currency. It is most powerfull and it is most potentioal coin in all cryptocurrencies in the world.and it will createthe best opportunity for those who like to take challenges and be successful in their lives.




Pros
  • Unlike other products that will remain nameless and not have any history of wagons, this one is not guaranteed collusion and essentially an inflation play designed to take some of the wind out of the uninformed publics sails on electronic money,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).
Cons
  • Maker traded on many exchanges but the problem lies in the liquidity is very low compared to the value.