OpenCover
2.5K posts

OpenCover
@OpenCover
🛡️ Keeping you safe onchain 🛡️ Backed by @Alliance, @CoinBase Ventures @Base Ecosystem Fund, @Jump_, @NFX, @OrangeDAOxyz, @InnovateUK and @LloydsofLondon Lab


🏆 A month after launch, 15+ Covered Vaults are live across @Ethereum, @Optimism, @Base and @Gnosis. The most battle-tested onchain protection @NexusMutual is now natively built into the vault experience: no upfront cost. No duration commitment. Premiums streamed from yield. 👇






With all these hacks, embedded coverage for vaults couldn't come at a better time. @OpenCover has been building covered vault primitives and now have live options. @NexusMutual has also released its own Real-World Insurance Vault with fixed yield. Let's grow low risk DeFi.





🤝 We are partnering with @OriginProtocol to make low-risk ETH yield available to all. Starting with the covered Origin stETH ARM vault → 4.71% APY, with all-in protection against smart contract and economic risks, including bad debt. ETH yield with onchain-native protection👇







