Gauntlet Partnering with Moonwell to Coincide with their Launch on Moonbeam
Gauntlet is partnering with Moonwell to coincide with their launch on Moonbeam. Following a successful beta launch of Moonwell: Apollo on sister network Moonriver, Moonwell is launching Artemis on Moonbeam.
Gauntlet will incorporate Moonbeam and Moonriver into their risk management platform to optimize capital efficiency and mitigate risk for Apollo and Artemis protocols.
Moreover, Gauntlet will customize its simulation engine to account for the newer ecosystems it needs to support. As the Moonbeam bridged assets continue to evolve, Gauntlet will calibrate their transaction delay models more frequently than usual to account for asset liquidity accurately.
With the launch of Artemis also comes an open governance model. The Moonwell community can expect to find Gauntlet active, rigorous, and communicative with their risk management. Whether in forums, community calls, or on-chain governance, Gauntlet will provide the quantitative rationale for dynamic adjustments to Moonwell’s economic risk.
The Moonwell community will also have a publicly available Risk Dashboard to stay informed. The dashboard and metrics therein are simulated on the protocol’s existing collateral assets and risk holistically. Users or simply interested parties will find system-level and drill down metrics of daily market data and the potential impact of Gauntlet’s recommendations.
Furthermore, Launching in a turbulent market environment like Moonwell is setting out to do is a daunting task. Additionally, growing through different market regimes requires risk-on and risk-off strategies that gets buy-in from all community stakeholders. From the numerous conversations Gauntlet has had with the Moonwell team, they knew it would be a good partner. They look forward to this very risk-aware partnership.
About Gauntlet
About Moonwell
Moonwell is an open lending, borrowing, and decentralized finance protocol built on Moonbeam and Moonriver.
SOURCE: MEDIUM