Curated News
By: NewsRamp Editorial Staff
July 30, 2024
DeltaPrime and Ledger Works Partner to Reinvent DeFi Risk Management
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GithubTLDR
- DeltaPrime gains a competitive edge by partnering with Ledger Works to introduce advanced financial risk modeling capabilities for its DeFi lending platform.
- The partnership with Ledger Works allows DeltaPrime to deploy sophisticated Borrow Power Recommendation Models for each token on their respective chains, powered by LWorks's RiskOps-as-a-Service environment.
- This collaboration makes the world a better place by improving DeltaPrime's financial risk decision-making, giving users greater freedom and better protection at the same time.
- Ledger Works, with over 100 years of combined experience in security, risk management, and big data systems, continually develops new and innovative financial models to solve the toughest Web3 challenges.
Impact - Why it Matters
This news matters because it highlights the importance of comprehensive risk management in the DeFi space, ultimately improving the safety and protection of users' assets. The partnership between DeltaPrime and Ledger Works will enhance financial risk decision-making, giving users greater freedom and better protection at the same time.
Summary
DeltaPrime, a non-custodial liquidity market, has partnered with Ledger Works to introduce advanced financial risk modeling capabilities to its Decentralized Lending and Investment Platform. This partnership will enable DeltaPrime to safely extend increased borrowing leverage to their users by deploying sophisticated Borrow Power Recommendation Models for each token on their respective chains. Additionally, DeltaPrime will leverage Ledger Works' continuous controls monitoring for protocol and market surveillance, improving their situational awareness and market risk management. The enterprise-scale risk management will place DeltaPrime levels above any liquidity market across chains. Ledger Works offers integrated risk management services combining business, protocol, and market financial risk controls into a unified dashboard with real-time computational models and rules.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, DeltaPrime and Ledger Works Partner to Reinvent DeFi Risk Management
