Review on Maker by Robert Jene Aguda

Name: Maker
Item: Maker
Rating: 5

September 17, 2018

MakerDao is an aggressive project designed at a decentralized future for…

MakerDao is an aggressive project designed at a decentralized future for cryptocurrencies. I like Maker since it is a stablecoin which is good for storing your cryptocurrencies safely without being worried how your cryptos will get affected in the volatility.
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Updated 5 years ago

Rating has not been changed

Maker has been a stablecoin for a while now, so it means it is still good for storing your coins. The collaboration between Maker and Axie Infinity was great and benefits lots of crypto users, especially gamers. All in all, it is still a great crypto!
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Pros

Maker is a Decentralized Autonomous Organization that is on the ETH network which is constructed to aid low the hazards of cryptocurrency volatility by a token called Dai, which is its own stable token. It is a stablecoin wherein it exists on a blockchain like BTC and ETH, but unlike them, Maker has no volatility.

Cons

If anything were to happen to the Etherium (ETH) network, Maker would likely be affected if any unexpected problems may occur since Maker relies on the Etherium Network.