๐ป๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐ #2. "How to make security transparent and minimise trust reliance on multisigs.
21 Aug 2023, 15:18
๐ป๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐ #2๐ก
"How to make security transparent and minimise trust reliance on multisigs."
Gearbox devs and @0xmikko_eth bring the solution to a concern relating to DeFi and Gearbox. ๐งต
Same news in other sources
321 Aug 2023, 15:19
And this is how GRF ๐ก๏ธ
โ๏ธ Minimises trust during deployment and on multisig
โ๏ธ Makes risk and risk events transparent
โ๏ธ Enables verification of tech actions
โ๏ธ Pro-actively manages risk
All to make Gearbox as safe as possible for you to lend to and use. โ๏ธ๐งฐ
And this is how GRF. Minimises trust during deployment and on multisig. Makes risk and risk events transparent.
And this is how GRF ๐ก๏ธ
โ๏ธ Minimises trust during deployment and on multisig
โ๏ธ Makes risk and risk events transparent
โ๏ธ Enables verification of tech actions
โ๏ธ Pro-actively manages risk
All to make Gearbox as safe as possible for you to lend to and use. โ๏ธ๐งฐ
21 Aug 2023, 15:19
GRF, though, goes beyond this. The above mechanisms rely on monitoring of events after they occur. To proactively manage risk, the devs created Optimistic Liquidations that test for possible bad debt every 3 hours and keep funds secure.
Learn more:
GRF, though, goes beyond this. The above mechanisms rely on monitoring of events after they occur.
GRF, though, goes beyond this. The above mechanisms rely on monitoring of events after they occur. To proactively manage risk, the devs created Optimistic Liquidations that test for possible bad debt every 3 hours and keep funds secure.
Learn more:
21 Aug 2023, 15:19
Basis the suggested action, an update transaction would again show up in the "Protocols Update" page when initiated. Here you can verify that the required steps are followed in the update transaction.
Thus giving the power to Monitor and Govern risk back to the DAO.
Basis the suggested action, an update transaction would again show up in the "Protocols Update" page when initiated.
Basis the suggested action, an update transaction would again show up in the "Protocols Update" page when initiated. Here you can verify that the required steps are followed in the update transaction.
Thus giving the power to Monitor and Govern risk back to the DAO.