1 Level
6 Review
15 Karma
Review on Maker by Toan Song
MKR is a cryptocurrency depicted as a smart contract platform, deployed on the…
MKR is a cryptocurrency depicted as a smart contract platform, deployed on the Ethereum blockchain,it uses interest rates to stabilize its price. Anyone who has collateral assets can use them to purchase DAI on the Maker platform via CDPs. These CDPs hold the assets that are deposited by users and allow them to generate DAI to then be used to purchase or sell MKR.
Pros
- Being that only 8 percent of the money in the world actually exists where a person could touch it with their hands, we already do electronic money mostly all day long. We just don't know it yet. This product will increase user knowledge and adoption.MKR is a cryptocurrency depicted as a smart contract platform, deployed on the Ethereum blockchain,Nice coin to the moon.
Cons
- Maker traded on many exchanges but the problem lies in the liquidity is very low compared to the value.
