Decentralized risk management for the next–gen economy
Clarity Protocol offers a multichain, accessible, and decentralized protocol that supports democratic risk management and due diligence for the tokenized economyLearn more
A growing decentralized economy with little structure in place
The decentralized economy keeps growing, with $USD billions worth of transactions being settled daily on a rapidly growing number of decentralized applications built on an expanding number of smart contract blockchains.
A key strength is the open, permissionless, and borderless nature of dApps, but there are many instances where participants’ actions have damaged or hurt the community.
Clarity Protocol addresses this problem by bringing blockchain analytics data to decentralized applications. This allows communities to define and enforce appropriate behaviors for participants without reliance on centralized gatekeepers.
Risk management is the biggest pain point for the decentralized economy
There are limited anti-money laundering checks in DeFi and NFTs
Participants have little protection from hackers or other bad actors
Institutional capital cannot participate without centralized gatekeepers
DAOs have no tools to help decide which participants they want to include
How will Clarity increase participation and reduce risk for protocol communities?
Decentralized and public compliance-related data for DApps
Configurable entities to allow communities to customize risk profiles
Decision oracles provide executable summaries
Identify bad actor activity (eg. exploits, hacks, undesirable behavior)
Protocol / smart contract rating systems
Crowdsourced data that is cleaned and verified
Who will use Clarity Protocol and how will they use it?
Non-expert data provider of analytics data. A lower trust than data providers but a larger number available enabling a greater degree of decentralization
Convert raw datasets into actionable decisions making it easier for consumers to govern their communities
DApp requiring blockchain analytic data for community
Expert data provider approved by the governing Clarity DAO
How will the CLRTY token work within the ecosystem?
CLRTY tokens will be required for payments between data consumers and data providers. Furthermore, CLRTY will ensure data providers maintain accuracy, settle disputes, and ensure that the data chain is maintained, updated, and always available.