Hover, a non-custodial liquidity market, is partnering with Ledger Works in preparation for its protocol launch on Kava EVM in Summer 2023.
By partnering with Ledger Works, Hover will receive comprehensive risk management coverage for each market listed on their platform.
At present, these will include kava (KAVA), cosmos(ATOM), and native tether (USDT).
Their operations will be supported by Ledger Works’ quantitatively-defined parameter recommendations for collateral factors, borrowing limits, and more.
Leveraging deterministic and stochastic models, network-wide simulations, and real-time market surveillance allows Hover to minimize market challenges.
This enterprise-scale risk management will place Hover levels above any other protocol within the Kava ecosystem regarding market surveillance. Moreover, Ledger Works’ suite of solutions will inform optimal lending terms for Hover’s markets, optimizing total protocol efficiency.
Ledger Works offers integrated risk management services that combine cyber, operational, and financial risk…
