Risk Harbor, a permissionless danger management marketplace for DeFi, released on mainnet today with a $3.25 M seed round co-led by Framework Ventures and Pantera Capital with additional support from Bain Capital Ventures, Digital Currency Group, Coinbase Ventures, and Nima Capital.
The launch develops Risk Harbor as the first-ever completely automated and objective risk management market for DeFi individuals.
Formerly in private beta, the platform has nearly $2M in liquidity locked in. Threat Harbor, which likewise has an existence on Polygon, distinctively utilizes an automated and objective algorithmic claims procedure to protect users against clever agreement attacks in a completely protected and objective manner. The effectiveness of such a system likewise permits individuals to enjoy instantaneous claims and payout processes while offering the lowest rates with market-informed vibrant rates.
Co-founded by Raouf Ben-Har and Drew Patel, Risk Harbor operates as a two-sided marketplace in which DeFi depositors are able to buy security for their capital in DeFi jobs; while others are able to finance that defense in return for premiums.