Pan chao: finance is the most suitable or even the only landing scene of blockchain. DeFi is not its final form

Beat BlockBeats news, on April 29, pan chao, the head of MakerDAO in China, visited the HOT TALK studio and DeFi Labs founder & amp; CypherJump CEO dai shichao talks about DeFi.

"Against the generation of the super bZx lightning before credit event, the Curve of attacks and MakerDAO 0 DAI liquidation crisis, have any effect on DeFi development", the problem of Pan Chao said, first of all to ensure the safety of their own code itself is, in addition to other agreement after the combination is safe (ERC777 problem, bZx and Curve), have again even if the underlying problems and chain auction (312) also can keep a safe financial applications.

Pan chao said, I always think that the block chain is the most appropriate and may be the only landing scenario. Financial decentralization is a process, and the present DeFi will not be its final form.

"Assets, assets or assets" was pan's answer to the question: "DeFi will be connected to traditional assets if it wants to expand the market in the future. What is MakerDAO's plan in this respect?" The flexibility of the Maker protocol means that under the right risk parameters, theoretically any asset that meets the requirements can be proposed by the community and ultimately voted on through the MKR governance, including cryptographic assets, other stabilizers, and entity composite assets. Crisis 312 itself is an opportunity for the community to understand the importance of introducing more assets into the Maker agreement.

Pan also expressed his view on personal investment in the current environment: "I think cash is the king of personal investment. On the one hand, I keep enough cash, and on the other hand, I choose projects with sufficient cash flow.

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