B.Protocol is a community of risk-aware DeFi players building open protocols for risk mitigation and assessment, governed by the BPRO token. It sets standards for DeFi risk management and has developed two products to mitigate risk for DeFi lending platforms:
Backstop Liquidation Engine
Pythia DeFi Risk Oracle
The Backstop Liquidation Engine mitigates risk for DeFi lending platforms by providing a decentralized backstop liquidity pool. It ensures that users’ positions are liquidated at a fair price. The Pythia DeFi Risk Oracle is a standard for on-chain risk rating.
B.Protocol’s TVL (Total Value Locked) is $30.47M on Ethereum, $30.22M on Polygon, $1.11K on Arbitrum, $0.19M on Fantom. It supports Liquity, Vesta, Chicken Bonds, Hundred and other platforms.
Backstop Liquidation Engine
Pythia DeFi Risk Oracle
The Backstop Liquidation Engine mitigates risk for DeFi lending platforms by providing a decentralized backstop liquidity pool. It ensures that users’ positions are liquidated at a fair price. The Pythia DeFi Risk Oracle is a standard for on-chain risk rating.
B.Protocol’s TVL (Total Value Locked) is $30.47M on Ethereum, $30.22M on Polygon, $1.11K on Arbitrum, $0.19M on Fantom. It supports Liquity, Vesta, Chicken Bonds, Hundred and other platforms.
Location: Israel, Tel Aviv District, Tel Aviv-Yafo
Employees: 1-10
Total raised: $2.2M
Founded date: 2020
Investors 1
| Date | Name | Website |
| - | 1kx | 1kx.networ... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 22.12.2021 | Seed | $2.2M | 1kx |
Persons 2
| Date | First Name | Last Name | Title | Location | |||
| - | Yaron | Velner | Chief Exec... | linkedin.c... | - | y***n@bpro... | - |
| - | Eitan | Katchka | Head of Ec... | linkedin.c... | - | e***n@bpro... | - |
Mentions in press and media 1
| Date | Title | Description |
| 22.12.2021 | B.Protocol Raises $2.2M to Backstop DeFi Liquidations | Lending project B.Protocol, which builds tools to “democratize” DeFi liquidations, raised $2.2 million. B.Protocol is one of the many money legos propping up the patchwork landscape of decentralized finance. Catering specifically to lenders... |