San Jose, CA, Feb. 02, 2024 (GLOBE NEWSWIRE) — Tashi Finance (“Tashi”), a non-custodial liquidity market, is partnering with Ledger Works (“LWorks”) as their strategic risk partner for their Borrow/Lend platform into the Cosmos ecosystem, enabling seamless cross-chain transactions and unlocking the potential of interchain DeFi.
By partnering with LWorks, Tashi will receive comprehensive risk management coverage for each market listed on their platform. At present, these will include evmos (EVMOS), cosmos(ATOM), Wormhole ethereum (WETH), Wormhole bitcoin (WBTC), usdt (USDT) and usdc (USDC).
Tashi operations will be supported by LWorks’ 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 Tashi to minimize market challenges.
This enterprise-scale risk management will place Tashi levels above any other protocol within Cosmos ecosystems regarding market surveillance. Moreover, Ledger Works’ suite of solutions will inform optimal lending terms for Tashi’s markets, optimizing total protocol…
