
CSWAP

A statement from our team at
CSWAP
on our Pledge of Excellence to you.
Our Commitment to Excellence
We are reaching out directly to you, our valued community, to share our journey toward achieving and upholding the standards set by the CRCI Pledge of Excellence. This initiative is not just a badge of honor for us; it's a reflection of our continued commitment to transparency, user protection, and accountability.
Why the CRCI Pledge of Excellence Matters to Us
We chose to partner with the CRCI because their mission resonates with our core values. In a landscape as dynamic, innovative and largely unregulated as DeFi, it's crucial to have benchmarks for excellence. The CRCI provides that benchmark through a structured first-principles based review process based on publicly available information. This process allows us, and more importantly you, our users, to verify our adherence to these principles independently.
Our Approach to Transparency and Continuous Improvement
We understand that transparency does not just mean making information available; it means making it accessible, understandable, and actionable. That's why we're committed to not only following the CRCI's guidelines but also to actively engaging with you about our practices and improvements. Our relationship with the CRCI is based on a shared goal of elevating standards within the DeFi space, and their independent review process ensures that our efforts to meet these standards are both sincere and effective.
The Role of Community Verification and Feedback
The essence of DeFi is community, and your role in this process cannot be overstated. The CRCI's use of publicly available data for their reviews means that you can independently assess and verify we’re meeting your own standards of transparency, user protection and accountability. We see this as an opportunity for open dialogue, where constructive criticism and feedback are not just welcomed but essential for growth.
Defining DeFi Excellence
We recognize that the CRCI's methodology, focusing exclusively on publicly accessible content, is not an assessment of success or failure. However, we view this as a starting point for developing a culture of accountability and improvement in an industry that has yet to define its standards. The CRCI fills a vital gap in our ecosystem where bad actors and ill-prepared projects currently enjoy equal status and opportunity as our industries most important innovators. We feel the willingness to embrace accountability distinguishes true excellence from those that reject such opportunities.
Our Promise to You
Our pledge to excellence is more than a commitment to meet current standards; it's a promise to continually set higher ones. We are dedicated to not just responding to the CRCI's feedback but to actively seeking your input to shape our path forward. This journey towards excellence is one we are on together, and your safety, and right to transparency are at the forefront of every decision we make.
In summary, our adoption of the CRCI Pledge of Excellence is not merely a partnership; it's a reflection of our dedication to you and to building a safer, more transparent, and accountable DeFi ecosystem. And for us, that's not just important—it's essential.
Jon Kravetz
CSWAP
Project Lead