Header banner
Revain logoHome Page

Reviews

Global ratings 52
  • 5
    12
  • 4
    31
  • 3
    6
  • 2
    2
  • 1
    1

Type of review

Revainrating 5 out of 5

in my opinion

this cryptocurrency is absolutely unmistakable. it has a very solid security. I looked a little bit and realized. seems to be really firm on security. You can get 24/7 support. the customer representative is on constant alert with you. you have no problem. You cannot guess which is the profit maker among cryptocurrencies. but this unit will bring profit with its infrastructure, security and customer satisfaction. I think the number of users will increase over time, even if a little. User…

Pros
  • new and updated
  • helpful
  • fast processing
  • 7/24 support
Cons
  • can be improved
  • should be improved

Revainrating 4 out of 5

About dai

It seems that the comments made for DIA, the platform's token, which defines itself as verified and transparent oracles for the DeFi ecosystem, are positive. According to some names, DIA oken is among the 10 projects to be followed in the last period of 2020. Of course, in this case, DIA's being a DeFi token also has an effect. However, DIA draws the attention of investors, drawing a very volatile price chart. Because even though volatile movements carry the risk of loss, the rate of gain is…

Pros
  • no bad side
Cons
  • little good

Revainrating 4 out of 5

DAI stablecoin

The DAI cryptocurrency is a stablecoin, launched by MakerDao, which is pegged to the dollar 1:1. That is, 1 DAI is 1$ USD, therefore, DAI becomes a highly relevant project within the world of cryptocurrencies and also in decentralized finance. Dai is based on the Ethereum network and is backed by Ether, this means that it is decentralized since it does not depend on any government, bank or other centralized third party and is simply maintained by smart contracts. DAI does not depend on any…

Pros
  • It is a decentralized and secure stablecoin.
  • It does not depend on any governance so you will be fully confident that you will not lose your funds.
  • DAI is one of the most accepted currencies in the world DeFi and DEX.
  • You can move your DAIs globally and pay in a large number of physical and online stores.
  • Accessing the system is relatively easy without the need for KYC verification and giving data to third parties.
Cons
  • Complex for beginners who hardly know the DeFi world.
  • It may be transparent and immutable but security is not fully guaranteed as it can be hacked.

Revainrating 3 out of 5

A stable cryptocurrency

Dai is a cryptocurrency established in 2014. Its value is USD 1.01. You can usually use the price to trade in a fixed and stock exchange, and most exchanges accept the dai currency. In transactions, according to my experience, it is not very fast, but not very slow. I think the transaction fee is normal, but if you are going to invest, I do not recommend it because the value is always stable, I do not recommend you to invest, the logo is stylish like bitcoin. But I think it's faster than most…

Pros
  • Ethereum based
  • Logo design stylish stand
  • A fast crypto currency compared to other cryptocurrencies, although usually not very fast
  • The transaction fee is not too much
Cons
  • A cryptocurrency pegged to $ 1

Revainrating 4 out of 5

A good option of stable coin

Dai is a decentralized and stable coin. It is pegged 1:1 with US Dollar Due to the stability Dai offers security during a Cryptomarket bear moment. Dai Holders will be quiet to keep on the crypto market during the bad days. Dai is a nice option to trade, token available in a large number of exchanges. Transactions are very fast and secure. It offers low fees .

Pros
  • Project well structured and it has good acceptation on the cryptomarket
  • Token Dai is a utility token with a great number of possibilities of use as payments, investiment saving and trade
  • Dai is integrated on over 400 apps, wallets, DeFi platforms and games.
  • When you buy Dai Tokens you start receiving the Dai Savings Rate( defined by the Maker community).
  • Token DAi is available to trade in a large number of exchanges
  • Token has a high market cap and trading volume
Cons
  • Competitive market. There is a great number of stable coins

Revainrating 4 out of 5

Collateral Supported Project

Guys, today I will tell you about the DAI coin that is the project of the week. It is a decentralized, neutral, collateral-backed cryptocurrency fixed at $ 1. Maker Protocol, also known as Dai (Multi Coverage Dai) (MCD) system, allows users to generate Dai using collateral assets approved by "Maker Management". Resistant to hyperinflation due to its low volatility, Dai strives to offer economic freedom and opportunities to everyone, everywhere. Guys, you can find this stable coin on a few

Pros
  • Providing collateral support to the project
  • The price is patient
  • Being available on many exchanges
Cons
  • It is a new project, we cannot say it is 100% safe.

Revainrating 4 out of 5

DAI the stablecoin...

Dai is an Ethereum based token that has a stable value 1USD. In other words, it is a stable ethereum token. It was created in 2014. It is a coin not owned by any government body/ agent hence I can't be manipulated by anybody. It is a decentralized cryptocurrency that was built on Ethereum blockchain. It is a very good cryptocurrency when talking about transparency, when it comes to transparency, Dai doesn't mess with users transactions and privacy. It is a trustworthy platform with fair…

Pros
  • It is stable coin
  • it cannot be influenced by any government
Cons
  • It's fairly liquid
  • it is not popular cryptocurrency

Revainrating 4 out of 5

Dai

This stable token is guaranteed by government contracts. So if you have digital assets that support your assets, anyone can provide the required amount of DAI. The main attraction of this project is the "algorithm" that maintains the fixed price of DAI. In theory, it will automatically start holding the brand value at $ 1, burning the property if necessary, or automatically releasing it. In general, this project has good decentralization capabilities, as any user can use DAI…

Pros
  • totaly safe
  • useful
Cons
  • None

Revainrating 4 out of 5

My DAI Review

DAI is decentralized fixed at $ 1, It is a deposit backed cryptocurrency. Resistant to high inflation due to its low volatility, Dai offers monetary convenience and opportunities to everyone everywhere. Dai is kept in cryptocurrency wallets or platforms supported by Ethereum and different cryptocurrency applications. Dai is easy to create, use and access. Users create Dai tokens by depositing collateral assets into Maker Vault in Maker Protocol. Dai circulates in this way and users are…

Pros
  • Fixed at $ 1
  • Ethereum has its backing
  • easy to use and useful
  • has an auxiliary program
Cons
  • There are $ 1 fixed more popular coins than DAI

Revainrating 4 out of 5

$DAI owns decentralized finance.

Dai $DAI is a decentralized Stable coin, it maintains its value at $1. It's an ERC20 token on Ethereum blockchain, though its also available on some other layer 2 blockchains like Matic Network. $DAI is decentralized because it is run by smart contracts and isn't backed by dollars in a bank. Instead, it’s backed by collateral on the Maker DAO platform (A platform for decentralized borrowing and lending). The project thus is backed by cryptocurrency, which is more volatile in value than US…

Pros
  • Decentralized.
  • High stability at $1.
  • Widely adopted in decentralized finance.
  • Backed by a trusted project (Maker DAO).
  • ERC20 token, can be stored on any Ethereum token compatible wallet.
Cons
  • Some might prefer a centralized option when it comes to Stable coins.
  • Listed on a handful of Exchanges.

Revainrating 4 out of 5

Makerdao stable token.

This stable token is backed by public contracts, anyone can issue the amount of DAI they require as long as they have digital assets with which they can back their assets The main attraction of this project is the "algorithm" that maintains the stable price of DAI, in theory they are automatically executed to maintain the value of the token at $ 1, burning or issuing assets if necessary, all this automatically. In general, this project has good decentralization characteristics, since any…

Pros
  • Good market capitalization with a high volume of daily transactions.
  • Stable token, anchored at the price of the dollar 1USD = DAI.
  • It has internal utility within makerdao.
  • Guarantee of this project is backed by public ETH contracts.
Cons
  • There is no reserve of fiat money.
  • Some countries are limited for the service of loans something that is not raised.

With the addition of BAT as collateral, MakerDAO isn't just for ETH holders. MakerDAO users can finally stake multiple cryptocurrencies to back the Dai stablecoin. Multi-Collateral Dai went live with support for Brave’s Basic Attention Token. Additionally, the upgrade continues support for Ethereum-based collateral. Other tokens, including Augur, 0x, USDC etc...may be on the way as well. Multi-Collateral Dai also has a few secondary features. Most notably, it coincides with the Dai Savings…

Pros
  • DAI is easily transferable, transparent, and secure given its issuance on Ethereum blockchain. As an ERC20 DAI can be stored in personal hardware wallets where users maintain ownership over the private keys.
  • DAI is governed by smart contracts and therefore is the only stablecoin that cannot be seized or censored by governments or regulatory agencies.
  • DAI is collateralised by Ethereum, Basic attention Token, Augur, 0x which is unchangingly verifiable on the Ethereum blockchain.
  • Transacting with DAI does not require any account creation or KYC processes. It is by far the most private stablecoin available.
Cons
  • DAI is only listed on a few major exchanges and does not have nearly as many trading pairs compared to centralized stablecoins such as USDT and USDC.
  • DAI is exposed to greater price fluctuations in USD compared to centralized stable parts due to its guarantee by volatile assets in Ethereum.