DeFi’s Dynamic Duo: Data Analytics and Reputation Join Forces for Trust and Security.
April 24th, 2023 — Orange Protocol, a leading reputation and trust minting protocol in the decentralized finance (DeFi) space, and EigenPhi, a leading DeFi data analytics company, announced today that they have partnered to integrate EigenPhi as a data source provider. The partnership aims to improve reputation and trust in the DeFi ecosystem by providing more accurate and comprehensive data analytics solutions.
Safer DeFi for All: Enhanced Counter-Party Risk Assessment
EigenPhi’s expertise in MEV (Maximal Extractable Value) and liquidity data analysis, combined with Orange Protocol’s reputation and trust minting protocol, could provide a more comprehensive picture of user behavior and reputation in the DeFi space. Integrating EigenPhi as a data source provider will enable Orange Protocol to assess counter-party risk better and identify good and bad actors in the DeFi space.
“We are thrilled to partner with Orange Protocol and provide our MEV and liquidity data analytics as a data source provider,” said Peter Donalson, COO of EigenPhi. “Our data analytics solutions and EigenTx transaction visualizer will help Orange Protocol users make more informed decisions, optimize their DeFi strategies, and improve risk control and liquidity management, ultimately capturing more MEV revenue and avoiding losses.”
Real-Time Data Insights and EigenPhi’s Transaction Data API
“By partnering with EigenPhi, we aim to empower our users to make more informed decisions based on real-time and comprehensive data,” said David Harrington, Orange Protocol’s head of growth. “EigenPhi’s MEV and liquidity data analytics will provide valuable insights into user behavior and reputation, ultimately improving trust and security in the DeFi ecosystem.”
EigenPhi’s Transaction Data API, which provides labeled and organized MEV and liquidity transaction data, will be integrated into Orange Protocol’s reputation and trust-minting protocol as a data source provider. This integration will enable Orange Protocol users to more easily identify bad actors and avoid risky transactions, ultimately improving the reputation and trust of the DeFi ecosystem.
The Orange Protocol and EigenPhi partnership aims to increase transparency and security in the decentralized ecosystem, ultimately benefiting all DeFi stakeholders.
About EigenPhi:
EigenPhi is a leading DeFi data analytics company that provides detailed and accurate MEV and liquidity data analysis solutions. EigenPhi’s Transaction Data API and EigenTx visualizer provides labeled and organized MEV and liquidity transaction data, which enables DeFi stakeholders to more easily identify and analyze transactions, ultimately improving risk control and liquidity management in the DeFi space.
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About Orange Protocol:
Orange Protocol is a decentralized reputation protocol that provides a way to establish trust and credibility in the web3 and beyond. Its reputation system uses feedback and ratings to track the behavior and track records of users, providing a reliable way to verify identity, reputation, and trustworthiness.