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Leading the gaming-oriented blockchain network Xai Foundation has partnered with Gauntlet, a business known for its proficiency in risk management and financial modeling for cryptocurrency protocols. With this partnership, we hope to improve Web3 gaming by developing strong risk management techniques and advancing Xai’s governance system.
For its work in quantitative optimization for DeFi protocols and DAOs, market risk management, and economic research, Gauntlet is well-known. The $43 billion in bitcoin assets that Gauntlet has successfully secured are a tremendous asset to Xai’s governance framework. The business’s knowledge will be crucial in improving Xai’s operations to match community-driven objectives and improve the gaming ecosystem as a whole.
Soby, a core contributor to Xai, emphasized the importance of this partnership, stating that Gauntlet’s involvement will drive community-first initiatives and foster a thriving Web3 gaming ecosystem. By leveraging Gauntlet’s expertise, Xai intends to implement cutting-edge practices that empower the community and support growth aligned with player preferences.
The partnership will concentrate on two primary objectives. First, Gauntlet will create a stake-weighted governance framework for Xai that prioritizes transparency, accountability, and operational efficiency. This framework will guide the management of funding, budget allocation, and strategic improvements, particularly focusing on Xai Sentry Node Holders.
Second, Gauntlet will create thorough risk management plans for Xai in its capacity as a Guardian on Aera, a non-custodial treasury management protocol. Through techniques like time-weighted average pricing for stablecoins and leveraged ETH staking, these tactics will maximize liquidity, control risks, and take advantage of market opportunities.
To assist developers and games in the blockchain ecosystem is the goal of the Xai Foundation. The foundation, which is in charge of Xai and its native coin, promotes open trade in video games and real economies while guarding the platform’s integrity. With the use of Offchain Labs’ Arbitrum technology, Xai provides a decentralized, open network where users can take part in governance tasks and get incentives.