Enterprise Ethereum Alliance Releases Version 1 of DeFi Risk Assessment Guide

07/17 11:21

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The Enterprise Ethereum Alliance (EEA) has released the first version of its DeFi risk assessment guide. The EEA's DRAMA working group collaborated with organizations such as Consensys, Hacken, CertiK, Quantstamp, OpenZeppelin, Banco Santander, and Bitwave to develop the guidelines. The document aims to provide resources for DeFi protocol regulators, developers, investors, and users to identify and manage risks. EEA DRAMA co-chair and Hacken CEO Dyma Budorin explained that the guidelines provide a comprehensive standard that "resource founders and development teams can refer to when developing products." The DeFi risk assessment guide covers a range of risks related to governance, token economics, software, liquidity, regulatory compliance, and external market factors, detailing specific issues affecting various types of software such as oracles, smart contracts, and bridges, and addressing potential security and interoperability issues.

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