Defynance's Risk Framework
With billions of locked assets, Decentralized Finance (DeFi) is transforming the financial services industry. Defynance protocol will launch on the Polkadot mainnet in Q4 2021 and has the potential to unlock trillions in real world liquidity.
The industry has been developing risk frameworks to form industry standards to manage the risks emerging from the DeFi ecosystem. Defynance holds security at its core, and the community is eager to undergo audits by leading auditors within the industry.
The following documentation is analysis of the fundamental risks of the protocol and describes the processes in place to mitigate them.
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