As an EEA member, Coinchange is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Jérôme Ostorero, Coinchange’s Director of Research and Risk, about how the organization contributes to the Ethereum business ecosystem.
Please introduce your company and yourself:
My name is Jérôme Ostorero. I’ve been in crypto for half a decade and am currently the Director of Research and Risk at Coinchange. Coinchange is a quantitative asset management platform with systematic yield portfolios, allowing users to earn passive income on their holdings by facilitating yield generation in DeFi. It started in 2018 and has been providing yield portfolios through the app (custodial service), Web3 wallet connections (non-custodial), and separately managed accounts (semi-custodial). All strategies generate delta-neutral yield. Coinchange’s state-of-the-art yield strategies run on FAYS (Framework for Algorithmic Yield Strategies) technology, enabling Coinchange to quickly create, deploy, and manage effective, secure, and fully automated strategies for yield generation. It enables any company that deals with cryptocurrency to earn yield in all market conditions, opening new opportunities like giving additional value to their clients, improving customer retention, increasing the runway, and decreasing OPex, just a few examples.
What first brought you to the EEA, and why did you decide to become a member?
We were first acquainted with the EEA through the Crosschain Interoperability working group, primarily through Peter Robinson and Ermyas Abebe, 5 months ago, when we were writing our research report on bridges and their security aspects. The crypto space and DeFi are in their infancy today, and we need companies to adopt the technology to deliver on the promise of banking the unbanked and make financial transactions seamless. The standards that the EEA helps put together are much needed for enterprise adoption. Otherwise, the space will never cross the chasm for global adoption. We joined the EEA because we instantly recognized the value and benefit of the EEA to the space as a whole, as its mission aligns with the efforts of Coinchange.
What are you currently working on with regard to Ethereum? How will end-users benefit from your work?
The Coinchange research team has built, for almost 2 years, upon a DeFi Risk Assessment Framework for Decentralized Exchanges, Money Market Protocols, Blockchain and Bridges. In the process, we gained deep expertise in DeFi risk. If the data points gathered are not proprietary, the scoring methodologies are, so it is difficult for Coinchange to open it to the public, though we are well aware that they would benefit from it. Hence, through our contribution to the EEA, we will be able to achieve both.
How will the EEA enhance your organization’s current efforts?
As a member, Coinchange will be able to contribute to the standards in the making where we have deep expertise, namely the DeFi Risk Assessment, Management and Accounting (DRAMA) working group, Ethereum Training Quality (Eth TQ) working group, and potentially Crosschain interoperability working group.
What EEA programs are you most excited about?
We are eager to engage in discussion with like-minded professionals and all members, fostering enterprise adoption through security and trust in the Interest Groups and Working Groups.
Learn More and Connect with the EEA
The EEA enables organizations to adopt and use Ethereum technology in their daily business operations. We empower the Ethereum ecosystem to develop new business opportunities, drive industry adoption, and learn and collaborate. Join us and contribute to our work!
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