Gauntlet Is Partnering With Venus Protocol To Offer Dynamic Risk Management

Gauntlet is expanding our risk offering by onboarding onto the BNB chain and partnering with Venus Protocol. As one of the top lending protocols in volume and TVL, Gauntlet is excited to support Venus Protocol and participate in the Binance ecosystem. The Gauntlet Platform is mission-driven to get ahead of the competition with data-backed insights that are desperately needed amidst today’s precarious risk landscapes.

Venus Protocol is known for providing lending and borrowing services to a globally diverse population that Gauntlet is excited to work with. Gauntlet will customize our simulation engine to account for its first steps onto the BNB chain, as Venus Protocol continues to maintain its position as Binance’s top lending protocol.

Venus Protocol and their community have been increasing their focus and investment on risk management over past years, making for a great partnership with Gauntlet that will benefit the crypto landscape as a whole. Gauntlet will use its platform to manage market risk, improve capital efficiency, and automate parameter recommendations for Venus Protocol.

On partnering with Gauntlet, Brad Harrison, the CEO of Venus Protocol agreed, “Gauntlet coming on board to support one of the most widely used lending protocols is a win for all of DeFi. With the aid of Gauntlet, Venus Protocol joins the state of the art level in risk management and takes another step towards becoming the most accessible and reliable destination for lending and borrowing around the globe.”

Venus Protocol aims to continue to be an innovative player in the crypto lending space, and Gauntlet is looking forward to a long partnership supporting them along the way.

About Venus Protocol:

Venus Protocol is a borrowing and lending protocol on BNB, if you would like to learn more about them please click below:

Venus Protocol | Twitter, Instagram, YouTube | Linktree

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 incentives. Our agent-based simulation models optimize parameter decisions for tens of billions of dollars in DeFi TVL.

This post was originally published by Gauntlet on Medium