The Tech Memo

What are Covered Vaults, and how do they work? 🎙️ @itsJeremiahS breaks down the mechanics behind the first vault-native risk transfer primitive, and how we built it from the ground up. Full episode (#29) with @vaultsfyi CEO @ryanrodenbaugh 👇

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Jeremiah Smith 🛡️🍊@itsJeremiahS

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The Tech Memo@TheTechMemo·5 Nis

Worth a look!

⚡️ My full talk on vault-native risk transfer @Vault__Summit @EthCC → Why managing vault risk is critical for institutional adoption → Why vault-native risk transfer is so hard → How @OpenCover is solving it ⤵️

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OpenCover@OpenCover·23 Mar

🎤 Our CEO @itsJeremiahS takes the stage at the @Vault__Summit during @EthCC. We’re unveiling a new approach to making protection against hacks, depegs, and protocol failures native to onchain vaults. Vault-native risk transfer is coming 🛡️

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Vault Summit@Vault__Summit·19 Mar

As vault systems grow, risk transfer becomes part of the product. @itsJeremiahS, Co-founder & CEO of @OpenCover, will discuss the opportunities behind making protection against hacks, depegs, and other protocol-level risks more native to onchain vault products.

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The Tech Memo@TheTechMemo·18 Mar

Congrats!

Perfect is the enemy of good, except when it comes to security. The results are out: 700+ security researchers at @sherlockdefi tried to break our new Insured Vault primitive, without success. Not a single valid find. Kudos to the OpenCover team and especially @matrixtehen💪

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ETHDenver 🏔🦬🦄@EthereumDenver

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Jeremiah Smith 🛡️🍊@itsJeremiahS·2 Mar

🙋🏻‍♂️ ICYMI here's my full insurance 101 talk @EthereumDenver 🛡️ Learn how to protect yourself onchain with @OpenCover @NexusMutual @PocketUniverseZ @sherlockdefi @ChainproofDAI @Corkprotocol and more!

@itsJeremiahS @OpenCover Full video 👇

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The Tech Memo@TheTechMemo·1 May

Congrats on the launch 🚀🚀🚀

🚀 JUST LAUNCHED 🚀 🛡️ We teamed up with @vfat_io to keep you safe onchain while earning market-leading yields on @Base 🔵 Earning safely with DeFi has never been this simple 👇

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OpenCover@OpenCover·27 Şub

🛡️ We're joining forces with @Coinbase to help you stay safe onchain 🛡️ Starting today, Coinbase One members benefit from 10% off the @Base DeFi Pass and the entire catalog of OpenCover products. It has never been easier to earn yield on top DeFi protocols with peace of mind 👇

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Jeremiah Smith 🛡️🍊@itsJeremiahS·22 Eki

We just launched the @Base DeFi Pass — one of the biggest innovations in blockchain protocol protection of the year with @NexusMutual 🛡️ Exclusively on @ProductHunt today with $1,000,000 of free cover up for grabs for early supporters! 👇🏻👇🏼👇🏽👇🏾👇🏿

📣 Breaking: the @Base DeFi Pass is now available to everyone 🔵 The Base Pass is the *very first* protocol cover offering all-in onchain protection across top Base protocols. Check out the launch exclusive on @ProductHunt (and get free cover!) 👇🏻👇🏼👇🏽👇🏾👇🏿producthunt.com/posts/the-base…

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OpenCover@OpenCover·22 Eki

📣 Breaking: the @Base DeFi Pass is now available to everyone 🔵 The Base Pass is the *very first* protocol cover offering all-in onchain protection across top Base protocols. Check out the launch exclusive on @ProductHunt (and get free cover!) 👇🏻👇🏼👇🏽👇🏾👇🏿producthunt.com/posts/the-base…

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Richard Chen@richardchen39·7 Nis

Loss ratio is the most important metric in insurance. It shows whether an insurance business is making money (claims / premiums). @NexusMutual is the only DeFi cover provider that has a loss ratio < 1. Nexus Mutual: 0.74 Unslashed: 2.53 InsurAce: 4.88 opencover.com

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OpenCover@OpenCover·21 Mar

🚨Your keys, your coins — your risk. Last week, the Euler hack proved that DeFi safety remains a critical issue. Since the UST depeg, our team has helped DeFi users recover $1,000,000+ through DeFi insurance alternatives. Today, we’re excited to share what we’ve learned 🧵👇

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Chainstack 💙🛠️@ChainstackHQ·2 Mar

Introducing our newest partner @OpenCoverDeFi 🛡️, the #1 source for DeFi cover data, news and insights. 📈 With over 91.7% coverage of DeFi cover activity by TVL across multiple networks. Make #DeFi safe & accessible to all with their latest insights 😎 bit.ly/3Y8EoT9

GIF

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The Tech Memo@TheTechMemo·20 Oca

GM!

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vitalik.eth@VitalikButerin

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Jeremiah Smith 🛡️🍊@itsJeremiahS·1 Ara

Your keys, your coins — your risk. $900m+ were lost to DeFi exploits in the last 3 months alone ($3B+ YTD) @DefiLlama #DeFi risk mitigation is about to become a *very* hot topic. Status quo and future outlook primer 👇 twitter.com/VitalikButerin…

The "centralized anything is evil by default, use defi and self-custody" ethos did very well this week, but remember that it too has risks: bugs in smart contract code. Important to guard against it: * Keep code simple * Audits, formal verification, etc * Defense in depth

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Jeremiah Smith 🛡️🍊@itsJeremiahS·24 May

We're live on @immunefi 👾

Immunefi@immunefi

Gelt has launched their bug bounty on Immunefi 💪 @GeltFinance first savings product combining Fintech & DeFi enabling anyone to access covered DeFi yields while retaining custody of their funds. Find those bugs 🔍 - get yourself a sweet $100,000: immunefi.com/bounty/gelt/

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Immunefi@immunefi·24 May

Gelt has launched their bug bounty on Immunefi 💪 @GeltFinance first savings product combining Fintech & DeFi enabling anyone to access covered DeFi yields while retaining custody of their funds. Find those bugs 🔍 - get yourself a sweet $100,000: immunefi.com/bounty/gelt/

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