Gauntlet collaborates with the NEAR Foundation to develop a governance framework, promoting the growth of the NEAR ecosystem.

DeFi research and risk management company Gauntlet announced a partnership with the $NEAR Foundation to develop a new governance framework and drive the development of the $NEAR ecosystem. Gauntlet's governance work includes designing a new structure with transparency, accountability, and efficiency at its core, analyzing past grants to optimize plans, promoting community participation, and improving governance processes. Gauntlet will be an active contributor to the $NEAR ecosystem, assessing project effectiveness and providing recommendations. Previously, Gauntlet released a blog post on the risks of the LRT market, highlighting a significant increase in LRT's overall TVL this year and providing a framework for assessing the risks of the LRT market.