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MakerDAO Clarifies Jump Counter Exploit Doesn’t Involve Its Smart Contract

Cointime Official

MakerDAO reiterates its smart contracts are not controlled by, or in control of, the Oasis frontend smart contracts. It clarifies that the recent transactions that changed the ownership of Maker Vault 30100 did not involve any of MakerDAO's official smart contracts or MakerDAO directions.

"The Maker Protocol is a decentralized smart contract system that is publicly deployed on Ethereum, allowing any provider to connect its user-interface solution in a permissionless and decentralized manner. However, these user-interface providers have control over the smart contracts they deploy, which enable end-users to interact with the Maker Protocol. The recent transactions that changed the ownership of Maker Vault 30100 did not involve any of MakerDAO's official smart contracts or MakerDAO directions." MakerDAO explained.

"MakerDAO does not have control over any of the frontend providers or products that enable end-user access to Maker Vaults." MakerDAO said in the statement. "Furthermore, none of the available frontends that connect to the Maker Protocol are developed or maintained by MakerDAO."

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