Tashi Finance & Ledger Works companion to re-invent threat administration for DeFi lending


Tashi Finance (“Tashi”), a non-custodial liquidity market, is partnering with Ledger Works (“LWorks”) as their strategic threat companion for his or her Borrow/Lend platform into the Cosmos ecosystem, enabling seamless cross-chain transactions and unlocking the potential of interchain DeFi.

By partnering with LWorks, Tashi will obtain complete threat administration protection for every market listed on their platform. At current, these will embody evmos (EVMOS), cosmos(ATOM), Wormhole ethereum (WETH), Wormhole bitcoin (WBTC), usdt (USDT) and usdc (USDC). 

Tashi operations shall be supported by LWorks’ quantitatively-defined parameter suggestions for collateral elements, borrowing limits, and extra. Leveraging deterministic and stochastic fashions, network-wide simulations, and real-time market surveillance permits Tashi to reduce market challenges. 

This enterprise-scale threat administration will place Tashi ranges above another protocol inside Cosmos ecosystems relating to market surveillance. Furthermore, Ledger Works’ suite of options will inform optimum lending phrases for Tashi’s markets, optimizing complete protocol effectivity.

LWorks gives built-in threat administration companies that mix cyber, operational, and monetary threat controls right into a unified dashboard with real-time computational fashions and guidelines that allow steady market surveillance for market-wide and decentralized finance (DeFi) protocol-specific dangers.

Key options of Ledger Works options for Tashi will embody:

  • Actual-time market surveillance by way of intuitive dashboards and alerts.

  • Cyber threat monitoring alerts to establish potential exploits and vulnerabilities.

  • Operational threat monitoring alerts to establish protocol points proactively.

  • Monetary threat parameter suggestions, together with Collateral Issue, Reserve Issue, and Borrow Cap.

  • Occasion response assist companies throughout excessive market situations.

LWorks is increasing its machine studying setting to leverage intensive knowledge units, current guidelines, and monetary fashions. This initiative goals to supply quicker and simpler threat identification and response mechanisms.

In the meantime, Ledger Works has over 100 years of mixed expertise in safety, threat administration, and massive knowledge programs. Their CEO, David Melnick, held a nationwide companion position in Deloitte’s Enterprise Threat Providers apply earlier than launching Ledger Works. 

Steve Elfanbaum, the chief technical supply (CTO), beforehand was co-founder and principal at Asynchrony Options. On the identical time, their chief knowledge scientist, Chintan Mehta, earned a Ph.D. from Princeton College and accomplished intensive postdoctoral work at Yale College. 

Initially collaborating with the crew whereas at Bridgewater Associates, Chintan brings his experience in deterministic and stochastic modeling to coordinate the engineering and knowledge science efforts at Ledger Works.

Kristine Boulton, a core contributor at Tashi, states:

 “As a lending protocol, it’s crucial for Tashi to successfully handle threat to guard our customers and keep wholesome, energetic markets. We’re thrilled to collaborate with the crew at Ledger Works to make sure that our threat technique permits us to do exactly that. With their providing of 24/7 market surveillance, experience in threat administration, safety, and knowledge analytics, coupled with their skilled strategy, we’re assured that this partnership will propel Tashi and the Evmos ecosystem to even higher heights.”

David Melnick, the CEO of Ledger Works, added:

“The Ledger Works crew is happy to collaborate with Tashi on their DeFi Lending Protocol. Their innovation and professionalism align completely with our crew’s strategy to Threat Administration. By combining their DeFi expertise with our complete Threat Administration resolution, we will ship a world-class providing to the market.”

About Ledger Works

Ledger Works companions with DeFi corporations to operationalize next-generation threat administration options. By leveraging real-time computational guidelines, steady execution of deterministic and simulation fashions, and real-time market surveillance, Ledger Works empowers companies to show threat right into a aggressive benefit. 

For extra info, go to: https://www.lworks.io 


[email protected]

About Tashi

Tashi is a revolutionary non-custodial liquidity market that facilitates the lending and borrowing of digital property. Native to the Evmos ecosystem, Tashi helps the expansion of Cosmos. 

For extra info, go to: https://tashi.market


[email protected] 



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