Xerberus' Catalyst History: from Proposals to Facts.

Catalyst Fund 10: Xerberus Risk Ratings for Cardano Fungible Assets

We started our journey in Catalyst Fund 10 when Xerberus proposed to enhance the safety and reliability of the Cardano ecosystem by providing free, public risk ratings for all fungible assets. Our goal was to develop a robust risk assessment model, launch a functional web application, and deliver transparent, real-time risk ratings to guide investors and users.

Today, Xerberus proudly offers a comprehensive risk rating platform, having  successfully:

  • Developed and implemented our risk model, accessible on our website.
  • Launched a web application, showcasing risk ratings for various Cardano assets: our Risk Rating Page.
  • Provided detailed statistics and personalized risk portfolios for users, available in My Risk.

Then Catalyst Fund 11 came, and you still believed in us…

Catalyst Fund 11: Xerberus Nodes and SIREN

In Catalyst Fund 11, we proposed decentralizing the computation of Xerberus Risk Ratings through a network of nodes. We were sure that this would eliminate the centralization of our risk rating computation, aligning with the decentralized ethos of blockchain technology and enhancing the system’s reliability and transparency.

Our future Xerberus Service Chain is in progress, and we have:

  • Initiated project planning and kick-off.
  • Developed a comprehensive paper on Xerberus Node architecture.
  • Created a simple Xerberus Node for initial testing.
  • Integrated the risk model into the Xerberus Node.
  • Provided a detailed protocol architecture explanation available in our Encyclopedia.

In the same Fund 11 we also proposed the creation of SIREN (Scam Investigation & Registry Engine) in collaboration with Iagon. This engine aims to investigate and register scams starting within the Cardano ecosystem and expanding everywhere, providing a public registry to help users identify and avoid fraudulent activities.

As of today, we have delivered; SIREN is now live allowing users to fight back against scammers and potentially recover their money. To use SIREN, users can:

  1. Enter their wallet address and details on SIREN.
  2. Describe the scam and asset lost.
  3. Choose if legal support is needed.
  4. Submit the information to receive an analysis.

Then we got funded in the Catalyst Fund 12 and we are grateful for that!

Catalyst Fund 11: Xerberus Platform Front-end Upgrade

In Catalyst Fund 12, we proposed upgrading the front-end of our platform to enhance user experience and accessibility. The upgrade aims to improve the interface’s usability, making it more intuitive and user-friendly for navigating risk ratings and scam investigation tools, to support the growing needs of the Cardano community by providing a seamless and efficient user interface for accessing critical information and services.

A Look at the Past and Future of Xerberus

At Xerberus, we are committed to delivering on our promises. From developing robust Risk Ratings for Cardano assets to launching the SIREN platform, we consistently achieve our goals with the support of Catalyst.

Our dedication to transparency and innovation ensures that this commitment will continue. We extend our heartfelt gratitude to the Cardano community for their trust and support, and we look forward to a future of continued collaboration and success. Thank you for believing in us.

About Xerberus

Xerberus is a Risk Rating Protocol that utilizes its Wallet Graph technology to craft a real-time panoramic view of the systemic health of crypto assets. This is achieved through meticulous study of the wallets and transactions underpinning a crypto asset. We are driven by the mission to arm investors with the best crypto-native risk indicator on the market.

Learn more about us, stay connected and ask questions:

Website: https://home.xerberus.io/

App: www.xerberus.io
X: https://twitter.com/xerberus_io
Discord: https://discord.com/invite/cnaWcfewwQ