Pan Chao, Principal of MakerDAO China: Maker system has no loopholes, all funds are safe

Earlier news, on December 9th, an independent software developer disclosed that a security breach in MakerDAO could cause the ETH valued at $ 300 million to be emptied. In response, Pan Chao, the head of MakerDAO China, responded to the circle of friends that MakerDAO has no security loopholes and all funds are safe. The problem pointed out by the original author is the governance challenge of all equity systems. As a Maker development team, Challenges are known to be manageable and are addressed through a planned series of toolbox tradeoffs. Pan Chao pointed out that DAO is a complex system. The most important thing is the trade-off. The design under single-line thinking is unstable. The current Maker system is relatively safe.