Summary
This proposal seeks community approval to engage Allez Labs as the protocol’s risk management partner across major Venus deployments.
The engagement includes:
- Market configuration & risk stewart
- Continuous monitoring & risk signalling
- Incident response and emergency management
- Risk dashboards, APIs, and automation foundations
- Asset & market onboarding
- Governance participation & strategic alignment
About Allez Labs
Allez Labs is a DeFi risk management and analytics firm founded by former members of the Aave risk team.
The team brings deep expertise across institutional finance, actuarial modelling, lending risk, oracle design, and DeFi operations since 2019.
We currently serve:
- Kamino Finance — Solana’s leading lending protocol (~$4B supply)
- HyperDrive — Lending on HyperVM
- Alto Protocol — Ethereum CDP, stablecoin & lending
Core capabilities:
- Risk parameter calibration & monitoring
- Market configuration
- Oracle architecture analysis
- Liquidation system evaluation
- Real-time dashboards and risk infra
- Product economics & mechanism design
Allez Labs aims to provide Venus with a modern, execution-ready risk function aligned with the protocol’s next phase of growth.
Scope of Work
1. Market Configuration & Risk Steward Role
Stewardship of all core market parameters (LTVs, caps, liquidation settings, interest rate models, oracles).
Includes proposing parameter changes with governance rationale and supporting on-chain execution for bounded updates.
2. Risk Monitoring, Signals & Escalation
Continuous monitoring of utilisation, liquidity depth, concentration, and liquidation exposure.
Escalation of abnormal conditions and initiation of reviews or actions as required.
3. Incident Response & Emergency Management
Rapid assessment during stress events, recommended emergency actions (caps, freezes, parameters), coordination with contributors and signers, incident communication, and post-mortems.
4. Risk Infrastructure, Dashboards & Automation Foundations
Maintenance and extension of Venus’ risk dashboards, APIs, and monitoring tools.
Development of foundations for bounded, governance-aligned risk automation over time.
5. Asset, Market & Deployment Onboarding (Separate Track)
Risk analysis and parameter recommendations for new listings, isolated markets, or new deployments.
6. Governance, Reporting & Strategic Partnership
Active involvement in governance, regular risk updates, VIP drafting support, and monthly strategic reviews of Venus’ risk posture and roadmap.
Commercial Terms
Pricing (KPI-Based Monthly Fee)
- Base: $35,000 / month
- Scaled by total borrows:
- ≥ $1B → $40,000
- ≥ $1.5B → $50,000
- ≥ $2B → $60,000
- ≥ $2.5B → $70,000
Coverage applies to deployments with ≥ $1M 3-month average borrows (starting with BNB Chain, Ethereum, Arbitrum).
Terms
- Payment to be made quarterly in advance in USDT
- 12-month agreement, auto-renew unless 30-day notice
- 3-month probation (2-week exit)
- 30-day notice after probation
- Start date: First payment day
Conclusion
Engaging Allez Labs will provide Venus with a modern, execution-focused, and adaptive risk management function that enhances protocol safety and supports long-term growth.
We welcome community feedback on this proposal.