DRAMA WG announces draft review of Defi risk guidelines

January 16, 2024

The EEA’s Defi Risk Assessment, Management and Accounting Working Group (also known as “DRAMA WG”) today published its review draft of the Defi Risk Guidance Discussion Paper. The group invites public comments on the draft until April 15, 2024. The review draft is available at https://entethalliance.org/specs/drafts/defi-risks/20231116/.

The discussion paper provides guidance on the risks associated with DeFi operations and how to assess, manage, account for, and mitigate them. It is primarily written for DeFi protocol users and protocol investors, but is also suitable for protocol developers who want to minimize risk in their protocols. Likewise, information can be provided and the working group hopes to benefit from feedback from standard setters and regulators.

A working group developed this document last year with contributors from large and small companies specializing in related fields such as DeFi, accounting, risk management, and information security.

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