MakerDAO founder analyzes risk prevention measures and predicts the future development of Decentralized Finance.

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The founder of MakerDAO recently explained the measures taken by the protocol to guard against potential risks and made predictions about the future development of Decentralized Finance ( DeFi ).

To prevent similar crash events like "Black Thursday" from happening again, Maker has fixed a vulnerability that could lead to zero bids in auctions. Additionally, the introduction of USDC as extra collateral helps reduce the system's sensitivity to Ethereum price fluctuations, thereby enhancing overall stability.

When discussing long-term goals, the founder pointed out that achieving "complete decentralization" requires reaching three key milestones: first, developing a system that can autonomously hire and pay operational developers; second, establishing a mechanism for protocol governance and upgrade decisions; and finally, allowing Maker token holders to delegate their voting rights to users who are more actively involved in governance.

Although DeFi is still in its early stages, the founders predict that as the industry develops, DeFi will eventually merge with traditional CeFi ( ). This view reflects the industry's contemplation of the future evolution of the financial system.

MKR-1.58%
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MetaNeighborvip
· 08-15 15:29
The pipe is really wide, every founder wants to be a mentor.
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JustAnotherWalletvip
· 08-15 15:24
Just fix it, there's no need to mention the sad things.
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NFTArchaeologisvip
· 08-15 15:21
The evolution of the ancient protocol Maker resembles the trajectory of the development of the democratic system in ancient Athens.
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TradFiRefugeevip
· 08-15 15:16
The three roadmaps sound good. When will they be fully realized?
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BearMarketSurvivorvip
· 08-15 15:01
The tuition fee is too high, relying on USDC to earn some stable profit.
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