MakerDAO has partnered with Sherlock to launch the largest security audit contest in Web3 history, with a prize pool of $1.35 million. The contest, running from July 8 to August 5, 2024, aims to engage top security experts and emerging researchers to identify vulnerabilities in MakerDAO’s Endgame phase. This initiative underscores MakerDAO’s commitment to security, transparency, and open-source principles.
The Endgame phase aims to restructure MakerDAO's governance into self-sustainable DAOs called MetaDAOs, with rigorous security testing being paramount for its success.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
