Pros
- It has a quality blog and a solid community.
Cons
- Nothing.
Maker Review
149
·
Followers 20
·
Very good
Rating
4.1
Crypto Projects, DeFi, ERC20
Description of Maker
Maker (MKR) is a cryptocurrency and operates on the Ethereum platform. Maker has a current supply of 977,631.03695089. The last known price of Maker is 711.74222098 USD and is up 2.50 over the last 24 hours. It is currently trading on 322 active market(s) with $60,305,405.27 traded over the last 24 hours. More information can be found at https://makerdao.com/.
Pros
- Cooperation agreements with many world famous companies
- The price is quite high
- Less affected by price fluctuations
- Uses advanced ETH smart contracts
Cons
- MKR delays can be experienced due to the high density of Eth
Pros
- complete freedom of action in trade;
- anonymity of transactions;
- savings on the absence of taxes;
Cons
- The platform has a lot of competition
Pros
- Protects digital currency from market value devaluation
- Linked to a stable value currency such as USD
- Ideal for commercial use, accounting, gaming platforms and international markets due to its value stability
- Uses AI technology as a price regulatory mechanism
Cons
- No disadvantages
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.
Pros
- Maker Dai is a cryptocurrency based on the Ethereum network. As a result, it may be stored in any digital wallet that accepts ERC-20 tokens, such as Ledger, Trezor, and MetaMask.
Cons
- We have a long list of unresolved challenges in the crypto realm. The scalability of current Blockchains, their lack of interoperability, and, certainly, the volatility of cryptocurrency values are among them.
Pros
- it is ethereum based
- PoW consensus protocol
Cons
- I think they do not achieve their main aim yet
Pros
- With the capacity to integrate smart contracts with a stable currency, it is a powerful tool.
- It also allows the entire system to run in comparison.
- A two-token system is used.
Cons
- None.
Pros
- The coin created in the DAI and CDP wise contract is stable and is not affected by any shocks.
Cons
- I did not meet the flaw
Pros
- Anything other than a background set up immediately and securely
Cons
- I did not meet the flaw.
Pros
- This is an undertaking that depends on the innovation of the Ethereum chain.
- Producer depends on making more noteworthy security freely and without reason to different monetary standards in the cryptographic money market.
- Zeroed in on building a more noteworthy capitalization of cryptographic forms of money for stages that utilization Creator innovation.
- Concerning, clients are liable for guaranteeing the security of activities and exchanges did inside the stage.
Cons
- The portions of certain tasks keep a significant expense.
Pros
- The coin produced on the CDP shrewd agreement which is DAI is steady and not influenced by any instability.
- Since it is decentralized, it tends to be worked anyplace and at whenever.
- On the off chance that you need to take a credit, you d'ont need any KYC or utilize any records.
- It has great history of straightforwardness and security.
- The edge call expense, which we can say is interest is low contrast with customary monetary foundations.
- Advance to esteem is exceptionally high.
- You can take a credit from 1 dollar to 1million dollars.
Cons
- The resources one use as security isn't guaranteed.
- In the event that ones resource as insurance goes down and one didn't know to build one's resource will be sold.
- Just ethereum related tokens can be use as insurance.
Pros
- Creator shields its local digital money from value instability
- Producer is based on the Ethereum blockchain
Cons
- There is a ton of details to the undertaking
Pros
- It has a history of direct and secure security.
- If you have to, you don't have to be interested in KYC or you don't need to use archives.
Cons
- There should be a lot of attention in the Cryptocurrency market.
Pros
- The coin developed in the CDP smart contract, i.e. the DAI, is enlarged and does not affect the configuration.
- Because it is removed, you can run it anywhere, anytime.
- If you want to be arrested for a loan, you don’t need a KYC or you don’t have to apply for a paper.
- The price is too high.
Cons
- The Cryptocurrency market should have a lot of points.
Pros
- Maker protects its native cryptocurrency from price volatility
- Maker is built on the Ethereum blockchain
- The idea behind the project is a very good one
- The project has real potentials to grow
Cons
- The concept of the project is difficult to completely understand
- There is a lot of technicalities to the project
Pros
- The coin generated on the CDP smart contract which is DAI is stable and not affected by any volatility.
- Because it is decentralized, it can be operated anywhere and at anytime.
- If you want to take a loan, you d'ont need any KYC or use any documents.
- It has good history of transparency and security.
- The margin call fee, which we can say is interest is very low compare to traditional financial institutions.
- Loan to value is very high.
- You can take a loan from 1 dollar to 1million dollars.
Cons
- The assets one use as collateral is not insured.
- If ones asset as collateral goes down and one didn't know to increase one's asset will be auctioned.
- Only ethereum related tokens can be use as collateral.
Pros
- Decentralized and stable coin
- Availability of Dai token
- Many functions of MKR token
- A knowledgeable and specialized team
- important partnerships
Cons
- Not for now.
Pros
- Provides a much faster process for international payments.
- It seems that it is a project that can improve.
Cons
- Market share is not big enough
Pros
- Asset-backed collateralized token
- MKR tokens are burned in order to sustain stability
- Simpler and swifter international payments and P2P transfers
- Pegged to Ethereum
- Incentives and rewards for investors
Cons
- Not as high liquidity as other Stablecoins
- Small market share
- Not that efficient in maintaining a stable rate
