Aave Horizon, the largest RWA lending market in DeFi, is upgrading its use of LlamaGuard NAV to leverage the Chainlink Runtime Environment (CRE) for robust pricing and enhanced security.Built in collaboration between Chainlink, @aave, @LlamaRisk, LlamaGuard NAV is purpose-built for pricing tokenized real-world assets (RWAs).With this integration, the Net Asset Value (NAV) data feeds used by Aave Horizon will be exclusively powered by CRE in collaboration with LlamaRisk.CRE provides a modular framework that ...

Chainlink does things, and I like it very much.Oracle season.Chainlink (@chainlink):Introducing LlamaGuard NAV Powered by Chainlink—a dynamic risk-adjusted oracle solution purpose-built for pricing tokenized real-world assets (RWAs), built in collaboration between Chainlink, @LlamaRisk, and @aave.https://t.co/qBiaTWQYHSBuilt on Chainlink’s proven https://t.co/mxN0knahTc ...

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]