Keeping the protocol secure is all about managing risk. To accomplish this, Bitlend will incorporate three “risk management” groups to steward various parts of the protocol. These groups are:
Protocol Risk management - this group is comprised of three admins and a guardian who watch over governance proposals, coordination, token whitelisting, market factors, and price oracles.
Market Risk Management - consists of both technical and economic risk managers in a multisig. This group must sign off on protocol risk team changes to market parameters, and are responsible for monitoring utilization rates and macro conditions.
Watchdog Team - is a monitor for emergencies that could lead to loss of funds for Bitlend and its users. The watchdog team retains authority as a last resort when all other systems have failed. They have the ability to pause markets if the right conditions are met.