Uniswap, Morpho and other companies have collaborated to develop the Web3SOC framework for evaluating the maturity of DeFi projects.

Gate News bot message, some major application developers and security experts of Ethereum have contributed to Web3SOC. Web3SOC is a new security and governance framework aimed at compliance, released last Friday.

According to the announcement released on Friday, Uniswap Labs, Morpho, Maple Finance, Kiln, and Steakhouse Financial have collaborated with security companies Cantina and Secureum to establish a set of standards, referencing additional insights provided by investors.

In short, Web3SOC is a classification framework designed to enhance the security and collaboration of decentralized finance (DeFi) by providing institutions and organizations with a structured approach to assess the “maturity” of projects.

These standards include a self-assessment tool for measuring institutional readiness for collaboration, as well as a set of “maturity levels” used to determine whether a project is ready to be utilized by major institutions.

This initiative comes at a time of renewal for Ethereum, which has recently positioned itself as the “global settlement layer,” with the idea that almost all financial activities will ultimately move on-chain.