X @Chainlink

Overview - LlamaGuard NAV is introduced as a risk-adjusted oracle solution for pricing tokenized real-world assets (RWAs), developed through a collaboration between Chainlink, LlamaRisk, and Aave [1] - LlamaGuard NAV enhances the delivery of Net Asset Value (NAV) data onchain by incorporating smart dynamic price bounds, leveraging Chainlink's decentralized oracle network and LlamaRisk's risk management expertise [1] Implementation and Upgrades - The initial implementation of LlamaGuard NAV is live and integrated with Aave Horizon, a lending market in DeFi for institutions borrowing stablecoins against RWAs [2] - Future upgrades to LlamaGuard NAV will utilize the Chainlink Runtime Environment (CRE) for increased modularity and extensibility [2] Market Opportunity - The market for tokenized RWAs totals over $30 billion and is expected to grow rapidly, increasing the need for infrastructure to manage risk in RWA markets [3] Solution and Benefits - LlamaGuard NAV provides Aave with an automated risk management solution based on macroeconomic data, aiming to scale the adoption of tokenized assets across DeFi [4] - The solution combines Chainlink's infrastructure for onchain data delivery with LlamaRisk's expertise in protocol risk management [4]