Alvara Partners with Xerberus for BTS Risk Ratings

Alvara Protocol
2 min readFeb 29, 2024

Alvara are delighted to announce a strategic partnership with Xerberus. It’s no secret at this stage that we’re aiming to bridge a certain gap between DeFi and TradFi. This goal requires flexibility in our approach to ensure we combine concepts from both industries. Xerberus was born from the ashes of the 2008 financial crisis out of a stern desire to strive towards the creation of a system better than the banking model we know today. Their goal? Simple really. To make crypto safer for all.

Driven by a love for cryptographic technology and the idea of decentralizing power, Xerberus have created an effective risk rating protocol aimed at filling the gap left by rating agencies in the traditional world. They aim to rate all types of tokens, ranging from Utility, Governance, Liquidity Provider Tokens, Tokenized Debt, commodities, securities, and derivatives.

Incorporating Xerberus Risk Ratings into our technology not only enhances its strength but also reinforces our mission. Given the nature of what we’re trying to accomplish with Alvara, it’s an extremely significant partnership as we look to ensure that users have detailed information available when making critical decisions. We’ll work closely with Xerberus to supply risk ratings for owner wallets and BTS portfolios, as well as individual tokens. Our goal is to ensure accessibility in fund management, integrating strong safety and security measures. A huge step in the right direction towards legitimizing the space.

Trust is a core issue in ensuring that crypto meets the masses. Think of all the problems in the last few years that could have been avoided with transparency and a mechanism by which investors could gauge exactly what they were putting money towards. Together we’ll work towards eradicating these problems, setting new standards for risk management.

About Alvara Protocol

The Alvara Protocol is a decentralized platform that utilizes the ERC-7621 (Basket Token Standard) to create and manage funds on the blockchain. Alvara offers a comprehensive fund Factory and Marketplace, with a transparent leaderboard showcasing the performance of every BTS created. ALVA and veALVA tokens assume crucial roles in driving the ecosystem’s growth and governance with veALVA holders wielding significant influence over the substantial ALVA reward stream. Removing traditional barriers, Alvara fosters a democratic meritocracy in crypto investing, enabling full lifecycle fund management, from creation to ownership transfer, within its seamless framework.

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