𝐓𝐡𝐞 𝐄𝐄𝐀'𝐬 𝐃𝐞𝐟𝐢 𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭, 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭, 𝐚𝐧𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐖𝐨𝐫𝐤𝐢𝐧𝐠 𝐆𝐫𝐨𝐮𝐩 (𝐃𝐑𝐀𝐌𝐀 𝐖𝐆) 𝐡𝐚𝐬 𝐫𝐞𝐥𝐞𝐚𝐬𝐞𝐝 𝐚 𝐑𝐞𝐯𝐢𝐞𝐰 𝐃𝐫𝐚𝐟𝐭 𝐨𝐟 𝐢𝐭𝐬 𝐃𝐞𝐟𝐢 𝐑𝐢𝐬𝐤 𝐆𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬 𝐟𝐨𝐫 𝐩𝐮𝐛𝐥𝐢𝐜 𝐜𝐨𝐦𝐦𝐞𝐧𝐭.
The guidelines offer best practices for assessing, managing, accounting for, and mitigating risks involved with DeFi protocols and applications. They are primarily written for DeFi protocol users and investors but are also relevant for protocol developers, standards setters, and regulators.
Topics covered include:
➡ Risk identification and assessment
➡ Financial and non-financial risk management
➡ Accounting considerations
➡ Risk mitigation strategies
The DRAMA WG has developed this document over the past year with input from experts in DeFi, accounting, risk management, information security, and related areas. Contributors include SAP, EY, OpenZeppelin, DTCC Digital Assets, Hacken, Blockchain Security Auditor, Consensys, CUBE3 AI, Bitwave , and many more.
We invite you to review the draft guidelines and share your feedback by April 15, 2024 to help create better risk management standards for DeFi.
The Review Draft is available here: https://entethalliance.org/specs/drafts/defi-risks/20230116/