🔥Hot News! The development team of Amulet, a DeFi insurance protocol based on Solana, together with researchers from Purdue University and Illinois State University, brought us a report on the analytical framework of digital asset risks, which has been published in the top journals of the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). 📚
This study integrates the perspective of actuaries and provides a detailed introduction to digital assets and their associated risks. The report not only conducts qualitative analysis, but also provides practical applications such as pricing strategies and tail risk management through quantitative frameworks such as frequency-severity models and Monte Carlo statistical simulations. 🔍
The goal of this report is to enhance the insurance industry's ability to understand, model, and manage digital asset risks, and to provide more solutions to enhance the security of the digital asset industry. 🛡️For us Bitcoin optimists, this is undoubtedly good news, because it means that our digital assets may be better protected. 🚀