Independent research on blockchain protocols with a focus on:
- Structural and systemic risk
- Tokenomics and incentive design
- Governance and upgrade risk
- Real-World Asset (RWA) infrastructure
This research focuses on system-level analysis rather than code auditing. It evaluates protocol design, incentives, centralization dependencies, regulatory exposure, and failure modes using publicly available information.
- Ondo Finance — Comprehensive Risk Assessment & Structural Analysis (Q1 2026)
→ See:
reports/ondo-finance-risk-q1-2026
This research is for informational purposes only and does not constitute financial or investment advice.