👮Security and Risk Management

Rome Blockchain Labs

Security is a top priority for Kinetic. We have partnered with Rome Blockchain Labs (RBL), a company with a strong track record in launching technical infrastructure for lending protocols. RBL has adapted and refined our code from a Compound fork and internally audited and updated it over four years to create tailored lending protocols for different blockchains. This battle-tested code provides a solid foundation for Kinetics' security.

Ledger Works

Partnering with Ledger Works has brought invaluable expertise to Kinetic, particularly in advancing our protocol parameters. Their analysis tools and insights help us refine and optimize our protocols, ensuring they are both robust and agile to adapt to market needs. This collaboration enhances our ability to respond swiftly to dynamic market environments, crucial in today's fast-paced financial world. By integrating LWorks' advanced surveillance and analytics, we can anticipate and react to market changes more rapidly. Kinetic continues to evolve, and our commitment to enhanced risk management remains steadfast.

Flare Time Series Oracle

While lending and borrowing activities carry inherent risks, Kinetic addresses these by building on the Flare Network, which offers the Flare Time Series Oracle (FTSO) and FAssets. The FTSO provides reliable price feeds, reducing price manipulation risks, while FAssets enable the use of various assets as collateral without traditional bridging risks.

Your Health Factor

To manage risks effectively, Kinetic advises users to monitor their loan's health factors closely. Borrowers should be proactive in managing their positions and consider repaying or depositing additional assets if their health factor declines. Staying informed about blockchain developments and the assets used as collateral can help users make informed decisions.