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Full-Time

Engineering Manager: Protocol Optimization

Posted on 6/27/2024

Gauntlet Networks

Gauntlet Networks

51-200 employees

Quantitative optimization for DeFi protocols

Data & Analytics
Consulting
Hardware
Fintech
Crypto & Web3

Compensation Overview

$200kAnnually

+ On Target Earnings + Equity

Senior, Expert

San Francisco, CA, USA + 2 more

Category
Engineering Management
Software Development Management
Required Skills
Communications
Data Science
Requirements
  • 5+ years of technical modeling or analysis experience
  • 1+ years of direct management experience
  • Proven ability to mentor and coach junior engineers
  • Ability to balance long-term thinking and planning with short-term execution on tactical goals
  • High standard for engineering excellence and experience creating processes and an environment where team members can do their best work
  • Strong written and verbal communication skills
Responsibilities
  • Lead a team of data scientists and software engineers to create impactful products
  • Apply robust mathematical and theoretical principles to inform practical, effective product development decisions
  • Maintain the highest quality standards across all data science and engineering initiatives
  • Articulate and execute against clear product vision that aligns team goals and the broader objectives of the company
  • Promote team growth and individual development, fostering an environment of collaboration and continuous improvement

Gauntlet specializes in providing quantitative optimization solutions for DeFi protocols, DAOs, and ecosystems, using advanced quantitative finance techniques and a powerful data modeling platform to drive rapid and sustainable growth while mitigating insolvency risk. They focus on simulating risk parameter impacts, monitoring cross-protocol interactions, and optimizing incentive programs to efficiently drive protocol usage and liquidity in the DeFi space.

Company Stage

Series B

Total Funding

$44.8M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

9%

1 year growth

9%

2 year growth

40%
Simplify Jobs

Simplify's Take

What believers are saying

  • Gauntlet's $23.8 million Series B funding round, led by Ribbit Capital, provides significant financial backing for future growth and innovation.
  • The launch of the Synthetix Risk Dashboard and partnerships with platforms like ApeSwap and Aave indicate strong industry relationships and potential for further collaborations.
  • The establishment of an Applied Research Division underscores Gauntlet's focus on long-term growth and sustainability in the DeFi space.

What critics are saying

  • The highly volatile nature of the DeFi market could pose significant challenges to Gauntlet's risk management models.
  • Dependence on partnerships with specific DeFi platforms may limit Gauntlet's market diversification and expose it to platform-specific risks.

What makes Gauntlet Networks unique

  • Gauntlet Networks specializes in risk management and optimization for decentralized finance (DeFi) protocols, setting it apart from generalist blockchain firms.
  • Their partnerships with major DeFi platforms like Synthetix, Aave, and Compound highlight their expertise and trusted status in the industry.
  • The recent upgrade to their Value at Risk (VaR) methodology demonstrates a commitment to advanced, data-driven risk assessment, which is crucial for DeFi's volatile environment.

Benefits

Remote first

Regular in-person company retreats & cross-country "office visit" perk

Medical, dental & vision premiums

Laptop, monitor, keyboard & mouse setup provided

$1,000 WFH stipend upon joining

$100 per month reimbursement for fitness-related expenses

Monthly reimbursement for home internet, phone, & cellular data

Unlimited vacation

100% paid parental leave of 12 weeks

Fertility benefits

Opportunity for incentive compensation

INACTIVE