Xerberus, a leading cryptocurrency risk rating protocol, has partnered with Thrive Protocol as part of the Polygon Community Grants Program.
Thrive Protocol, known for fostering innovative blockchain solutions, has awarded Xerberus a grant to expand its security services within the Polygon ecosystem. This collaboration marks Xerberus as the first risk rating and security solution to receive such recognition from the program.
The primary goal of this partnership is to integrate Xerberus’ advanced risk rating and scam report protocols into the Polygon PoS backend. This integration aims to provide real-time risk ratings and vital security information to users, enhancing trust and safety within the Polygon ecosystem.
Xerberus specializes in cryptocurrency security, offering tools like the Wallet Graph risk rating protocol and the Siren scam reporting, recovery, and litigation tool. These technologies are designed to protect users from scams and risky investments in the crypto world.
Simon Peters, CEO and Co-founder of Xerberus, expressed his enthusiasm about the collaboration: “We are delighted to be collaborating with Polygon, receiving this grant from Thrive marks a key milestone in the Xerberus growth journey. The crypto industry is starting to demand a safer environment with less exposure to scams and bad actors and we want to deliver this reality.
“Our mission is to protect users from suspicious actors and unregulated entities, and we are rolling out to as many networks as possible will help us to achieve this. We look forward to working with Polygon as it continues to bolster its transparency and security offering to contribute towards a more credible industry.”
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