MakerDAO Pan Chao: DeFi is not suitable for high leverage and high frequency trading scenarios

According to Planet Daily News, on April 10, Pan Chao, the head of MakerDAO China, said in an online forum that the crypto market and the global financial market fell sharply during the 312 incident, and DeFi is a very small microcosm of them. He reflected that DeFi is not suitable for scenarios with high leverage and high-frequency trading. On the contrary, the current DeFi products are more suitable for large-value transactions. On the one hand, the frequency of large-value transactions is not high, and the current network performance of Ethereum can be met; on the other hand, large-value transactions through DeFi will be relatively safe.