The Enterprise Ethereum Alliance releases the first version of the Decentralized Finance Risk Assessment Guide.

2024-07-17 11:11:22

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Odaily Planet Daily News: The Enterprise Ethereum Alliance (EEA) has released the first version of its Decentralized Finance risk assessment guidelines. The EEA’s DRAMA working group has collaborated with organizations such as Consensys, Hacken, CertiK, Quantstamp, OpenZeppelin, Banco Santander, and Bitwave to develop the guidelines. This document is intended to provide resources for risk identification and management strategies for Decentralized Finance protocol regulators, developers, investors, and users. EEA DRAMA co-chair and Hacken CEO Dyma Budorin explained that these guidelines provide a comprehensive standard, “which founders and development teams can refer to when developing products.” The Decentralized Finance risk assessment guide covers a range of risks related to governance, tokenomics, software, liquidity, regulatory compliance, and external market factors, detailing specific issues affecting various types of software, such as Oracle Machine, smart contracts, and bridge, and addressing potential security and interoperability concerns. (Cointelegraph)

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