1 Level
16 Review
37 Karma
Review on Maker by No David
As token, MKR can be used to pay several fees related to DAI oriented. basis…
As token, MKR can be used to pay several fees related to DAI oriented. basis of a simple banking system built on blockchain technology that allows, Maker brings a huge investment benefits along with it as it is stable as it creates Dai to minimize the risk.Stability is a valuable aspect of a cryptocurrency. Maker governance brings about the fairness to its community - Running on Ethereum, one of the best blockchains currently.
Pros
- 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). Maker is certainly an interesting cryptocurrency and I consider investing in it in the future,and it makes it possible for a stability coin as strong as DAI to exist.
Cons
- A good place to store your assets during the fluctuation of the market, i think the maker needs to build more community.
