Review on Maker by Jeff Shaw
the future of lending
Makerdao is the creater of the dai credit system where crypto assets are staked in a smart contract and dai, Makerdao's stable coin is issued for use. The revolutionary concept of this project is Makerdao is using the ethereum blockchain to create the first decentralized central bank.
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Pros
- decentralized lending protocol, trustless, transparent
Cons
- recent bug in system, dai supply growth not as fast as other stable coins
