DeFi Risk: How to Secure Your Protocol with Blockchain Simulations - Omer Goldberg

This talk will delve into the ins and outs of using on-chain simulations for economic risk modeling in DeFi. We’ll talk about different use cases in economic risk on DeFi, using real-life and recent examples from well-established DeFi protocols, to understand the importance of risk modeling for web3. We’ll then introduce the use of Agent-Based Monte Carlo simulations in TradFi, and explain how Chaos Labs has adopted this methodology to run high-fidelity blockchain simulations. https://twitter.com/omeragoldberg Omer Goldberg Founder and CEO Chaos Labs Omer Goldberg is the founder and CEO of Chaos Labs, a risk platform for DeFi protocols using on-chain simulations. Before striking out on his own, Omer was an engineer, working on internet infrastructure in emerging markets as part of the internet.org team at Meta (f.k.a. Facebook) in Tel Aviv. Following that, he was a Tech Lead at the Meta NYC branch leading the performance domain for Videos on Facebook Lite. Subsequently, he was a Tech Lead at Instagram, working on Commerce Ads, focusing on feed, and stories.