Metera and Xerberus Partnership Announcement
Metera and Xerberus have partnered to create a safer and seamless approach to investing on the Cardano blockchain. Metera will incorporate the Xerberus Risk Rating System into the creation of its instruments.
Xerberus is a risk rating protocol providing you with comprehensive metrics to understand the risk associated with an asset on the Cardano blockchain. They aim to fill the gap left by rating agencies in the traditional world by rating all types of tokens and assets on-chain in a secure and decentralized fashion.
How will it work?
Metera instruments aim to bring liquidity into the Cardano Ecosystem, for this to happen securely, assets included in Metera’s instruments need to be properly vetted.
Any asset rated lower than a “D” by Xerberus will not be elegible to be included inany of Metera’s instruments. Providing users with a safe approach to investing in funds composed of unique and vetted Cardano native assets.
For additional information on the Xerberus Risk Rating System, check out their documentation that highlights how this process works.
Importance of Partnership
The partnership between Metera and Xerberus signifies a major stride in enhancing safety and due diligence in Cardano’s blockchain ecosystem by vetting assets that will be included in our instruments. By integrating the Xerberus Risk Rating System into Metera’s tokenized portfolios (MTKs), investors gain access to comprehensive risk metrics. This helps decrease the risk of investing in unstable projects that could harm users. This integration ensures transparency, accountability, and empowers investors to make informed decisions aligned with their risk tolerance. The collaboration promotes safer DeFi practices, fosters adoption, and sets standards for risk management in the blockchain space.
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Metera Protocol is a decentralized finance (DeFi) protocol built on the Cardano blockchain that enables the creation and investment of tokenized portfolios known as Metera Tokenized Portfolios (MTKs).
