According to Odaily, the Enterprise Ethereum Alliance (EEA) has unveiled the first edition of its DeFi Risk Assessment Guidelines. The EEA's DRAMA working group collaborated with organizations such as Consensys, Hacken, CertiK, Quantstamp, OpenZeppelin, Banco Santander, and Bitwave to develop these guidelines. The document aims to provide resources for risk identification and management strategies to DeFi protocol regulators, developers, investors, and users.
EEA DRAMA Co-Chair and Hacken CEO Dyma Budorin explained that these guidelines offer a comprehensive standard that founders and development teams can reference during product development. The DeFi Risk Assessment Guidelines cover a range of risks related to governance, token economics, software, liquidity, regulatory compliance, and external market factors. They detail specific issues affecting various software types, such as oracles, smart contracts, and bridges, addressing potential security and interoperability concerns.
