TechFlow news — MakerDAO has announced a collaboration with Sherlock to launch a security audit competition with a total prize pool of up to $1.35 million. This is the largest audit competition in the field's history and will run from July 8 to August 5. The event is a key component of MakerDAO's "Endgame" phase, aimed at ensuring top-tier security for its system.
The competition will take place on the Sherlock platform, drawing participation from numerous leading security experts and emerging researchers. Rune Christensen, co-founder of MakerDAO, emphasized the importance of security and stated that the competition will help test and optimize the system. Jack Sanford, co-founder of Sherlock, noted that the event will offer rising talents in the security space an opportunity to showcase their skills, while also involving top experts to maintain a high level of rigor. This collaboration further demonstrates MakerDAO’s commitment to open-source development and security.
