Risk Assessment
Pramb's Approach
Risk management is a cornerstone of Pramb's mission to create a sustainable and secure DeFi insurance platform. We employ a comprehensive risk assessment approach that combines expert analysis with community input to ensure accurate and up-to-date risk evaluations.
Expert Assessment:
Our experienced risk assessment team conducts a thorough evaluation of new protocols based on various factors:
Project implementation and operations
Founding team qualifications and expertise
Audit reports and code quality
In complex cases, we may seek additional support from professional security auditing firms.
The risk assessment team then provides a comprehensive report with a security rating for each protocol, which serves as a reference for the community.
Continuous Monitoring and Updates:
Once a protocol is listed, Pramb employs sophisticated risk models to continuously monitor its risk levels.
We collect and analyze data from various sources, including staking changes, claims history, and security incidents related to the protocol.
These ongoing updates ensure that our risk assessments remain accurate and reflect the latest developments in the DeFi landscape.
Don't Risk It, Insure It.
Pramb's rigorous risk assessment process ensures that our insurance coverage is comprehensive, reliable, and tailored to the specific needs of the DeFi ecosystem.
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