1 Level
6 Review
10 Karma
Review on Maker by Lau Ben
With a direct Risk Management role of the MKR token holders, the new coin is…
With a direct Risk Management role of the MKR token holders, the new coin is entirely risk controlled. If a user closes the smart contract CDP, they are basically dissolving the DAI amount to regain the collateral they had given to the marker platform. Maker coin is more widely adopted and the cryptocurrency industry grows as a whole.
Pros
- MKR is a token used on the platform beside DAI is a coin for the payment system. 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,and Maker (MKR) is very interesting platform that provides alot of benefit/valuable project, such as their basis of a simple banking system built on blockchain technology that allows international peer to peer transactions.
Cons
- Newcomers to the blockchain will have a lot of difficulty learning about the platform. There is too little information and it's hard to understand
