Gauntlet Has Partners With The Acala
Gauntlet has partners with the Acala team to provide automated financial risk management for Acala and Karura.
Gauntlet will build a financial model for Karura with a focus on market risks like solvency and capital efficiency. This model will be refined and extended for Acala on the Polkadot chain at launch.
The Acala Foundation has created both Acala and Karura. Acala is a new set of DeFi protocols set to launch on the Polkadot Network. Karura is a similar set of DeFi protocols set to launch on “Polkadot’s faster, wilder cousin,” the Kusama network.
About Gauntlet
Gauntlet is a simulation platform for on-chain risk management. Gauntlet uses battle-tested techniques from the algorithmic trading industry to help protocols manage risk, fees, capital efficiency, and rewards.
About Acala
Acala is the decentralized financial hub of Polkadot that makes it fast and easy to use or build financial applications, improving trading efficiency and saving valuable time. The platform offers a suite of DeFi primitives including a stablecoin, DEX, and staking deritatives.
About Karura
Karura is the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX — all with micro gas fees that can be paid in any token.
