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Santiago de Chile
4 Level
143 Review
386 Karma

Review on Maker by Francisco Varela

Revainrating 4 out of 5

Maker Project

This project seeks to minimize the volatility of its DAI currency against other market currencies, which is linked to the US dollar with a stable exchange rate of 1 for 1.
Its protocol is based on the Ethereum blockchain and operates under DAO principles, which means it uses artificial intelligence to control the Maker's ability to regulate and stabilize the Dai.
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Pros
  • Stable and decentralized Dai currency.
  • Presence in different networks and forums that allow the community to know much more about Maker and Dai.
  • Dai has gained ground in South America, especially in Brazil, Colombia, Venezuela and Argentina, due to inflation and economic problems of the region and itself.
Cons
  • You need more advantages of obtaining in Latin America.