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18.5 Karma

Review on Maker by Crypto Tips

Revainrating 5 out of 5

A great alternative to Tether USDT worth investing in. Maker/DAI serves a…

A great alternative to Tether USDT worth investing in. Maker/DAI serves a necessity in the growing market.



Pros
  • True decentralized Stablecoin (Dai provides a stable way to “Exit” an investment), more Dai usage means Higher MKR Value, allows leveraging of Ethereum assets and extremely low circulating supply (high demand)
Cons
  • Audits will need to prove US Dollar backing (some Tether has avoided and is heavily disliked for). MKR shows erratic price action in the markets. Seems to struggle with finding steady support