YieldNest Risk Team
Last updated
Last updated
YieldNest Risk Team is an independent risk and research group operated by LlamaRisk. Our specialists have developed expertise in conducting comprehensive risk analysis for DEXs and DeFi protocols. We specialize in evaluating risk across a broad spectrum of crypto assets, including stablecoins, LSTs, RWAs, and liquid restaking and DeFi strategies.
As liquid restaking and DeFi strategies introduce new layers of complexity, risk dimensions evolve accordingly. Our role is to conduct in-depth research into direct and indirect risks, assist YieldNest in mitigating various threats, and strategically curate YieldNest-endorsed restaking and DeFi strategies.
With the rapid development of new DeFi primitives and restaking integrations, innovative proofs of concept continue to emerge across categories such as sidechains, data availability layers, virtual machines, keeper networks, oracles, bridges, threshold cryptography, and trusted execution environments. Our evaluation framework addresses the technological and operational risks associated with these categories. We assess smart contract vulnerabilities, slashing risks due to code errors, de-pegging threats, rehypothecation risks, and validator failure probabilities that could impact network-wide security. Additionally, we analyze risks related to validator collusion, centralization in yield decision-making, and counterparty risks, including solvency and legal structures.
This comprehensive risk assessment is critical for securing systemic resilience and ensuring the optimal deployment of YieldNest’s restaking and DeFi strategies. Twitter: https://twitter.com/YieldNestRisk Research blog: https://www.llamarisk.com/research-yieldnestrisk
