defirisk.co
rubric v1.7.0

Team other-protocol involvement history

Balancer (v2 + v3)'s assessment for RD-F-113 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Fernando Martinelli: PrepLounge and Brasil Mate (2014, no adverse outcomes), Balancer (2019–present). Mike McDonald: security engineer background, no prior rugged protocol involvement. All 11 DAO multisig signers are representatives from established protocols (LayerZero, BGD, Paraswap, Gnosis, Snapshot, Karpatkey, ENS, Raft, StakeDAO, Balancer Maxis) with no known rug or exit-scam history.

Sources #

  • URL
    Balancer — TracxnTracxn Balancer Labs company profile — founders and backgroundretrieved 2026-05-05
  • URL
    Balancer Labs — CrunchbaseBalancer Crunchbase company profile — founders Fernando Martinelli and Mike McDonaldretrieved 2026-05-05

Methodology #

Document current or prior protocol roles for team members (conflicts of interest, prior rugs, prior successful launches).

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol balancer factor RD-F-113 score green collected_at 2026-05-05 12:41:36