Sceptre & Ledger Works partner to re-invent risk management for liquid staking

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San Jose, CA, May 27, 2024 (GLOBE NEWSWIRE) —



Sceptre & Ledger Works partner to re-invent risk management for liquid staking

May 28th, 2024 at 3:00pm

Sceptre (“Sceptre”), a liquidity staking platform, is partnering with Ledger Works (“LWorks”) as their strategic risk partner for their liquid staking platform in both the Flare and Kava ecosystems

By partnering with LWorks, Sceptre will receive comprehensive risk management coverage for their platform. Sceptre operations will be supported by LWorks’ RiskOps-as-a-Service platform. Leveraging deterministic and stochastic models, network-wide simulations, and real-time market surveillance to support the protection and growth of the platform

This enterprise-scale risk management will place Sceptre levels above any other protocol within Flare ecosystems regarding market surveillance

LWorks offers integrated risk management services that combine cyber, operational, and financial risk controls into a unified dashboard with real-time computational models and rules that enable continuous market surveillance for market-wide and decentralized finance (DeFi)…

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