🛡️ Keeping you safe onchain 🛡️ Backed by @Alliance, @CoinBase Ventures @Base Ecosystem Fund, @Jump_, @NFX, @OrangeDAOxyz, @InnovateUK and @LloydsofLondon Lab
Derisk your portfolio →
- Tweets 2,771
- Following 987
- Followers 5,157
- Likes 3,712
🛡️ COVERED VAULTS SPOTLIGHT
The Covered @maplefinance SyrupUSDT vault is currently yielding 3.91% APY on @Ethereum.
Onchain yield with built-in protection, underwritten by @NexusMutual.
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SyrupUSDT Covered Yield Breakdown:
@maplefinance APY (variable) → 5.20%
Cover fee (fixed) → 1.29%
Net Covered APY → 3.91%
opencover.com/vaults
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KPK USDC Yield Covered Yield Breakdown:
@Morpho APY (variable) → 7.44%
Cover fee (fixed) → 0.85%
Net Covered APY → 6.59%
opencover.com/vaults/kpk
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🛡️ Selected as a Sentinel for Safenet Aegis, alongside leading security and risk assessment teams.
OpenCover is helping bring transaction cover into @safe, with more to come.
Safenet Aegis is now live on @ethereum, @arbitrum, and @gnosischain.
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🔊 Introducing Safenet Aegis: the first production-ready and fee-generating release of Safenet, secured by $SAFE.
Safenet is a decentralized security protocol for self-custody.
💲 A user submits a transaction to Safenet for a small fee.
👓 Sentinels @OpenCover, @BlockSecTeam, @candidelabs, and @IntentGuard check every transaction and are accountable for their verdicts.
✅ Validators @gnosis_, @greenfield_cap, @SafeLabs_, and Core Contributors attest the verdict onchain.
💂 A formally verified Safenet Guard can enforce the attestation, back on the user @safe , defending against threats.
Safenet is live on @ethereum @arbitrum and @gnosischain and is coming soon to @SafeLabs_ multisigs.
📄 Read more: safefoundation.org/blog/safe…
🌐 Website: safenet.xyz
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👟 In London for @Blockworks DAS? Join us for a morning run before the conference on November 11.
After Cannes during EthCC, Cover the Distance comes to Hyde Park: a 5K with builders, allocators and operators, followed by coffee and conversation.
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📍 Meet at ARRO, 45 Curzon Street, Mayfair
⏰ November 11, 07:30
Register for Cover the Distance 5K → luma.com/gh66ltup
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Now live: protected yield on @unflatfinance.
The European yield app has launched with OpenCover built in: one switch enables onchain cover, underwritten by @NexusMutual.
No separate purchase or additional workflow, and rates are shown net of the cover cost.
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Cover protects against technical and economic risks, including smart contract exploits, oracle failure or manipulation, liquidation failures, and governance attacks.
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📅 @Vault__Summit Singapore is this Friday.
One question on the agenda: what determines whether a vault can be covered, and at what capacity?
Ralf Taner from @NexusMutual will explore the question in “Insurability and the Limits of Coverage Across Vault Strategies.”
Here’s our POV ↓
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A vault’s insurability depends on more than the underlying protocol.
Strategy design, risk controls, liquidity, and the risks embedded in the vault all shape what can be covered, at what capacity, and at what price.
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Better risk assessment makes risk more legible to underwriters, helping expand the scope and capacity of coverage available to vaults.
What do you think determines a vault's insurability?
🎙️ vaultsummit.xyz/agenda
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Deposit and cover in one go ⚡
OpenCover now lets users deposit into a Covered Vault and request cover in a single flow, directly from OpenCover.
Live now across all Covered Vaults.
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How it works:
1. Select a vault
2. Deposit the underlying asset
3. You're covered
Cover is underwritten by @NexusMutual and protects against smart contract exploits, oracle failure or manipulation, liquidation failures, and governance attacks.
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OpenCover protection is now live for @orca_so on @Solana.
Coverage is underwritten by @NexusMutual and protects your positions against onchain risks, including:
• Smart contract exploits
• Oracle failures & manipulation
• Liquidation failures
• Governance attacks
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Building on @Solana → get in touch to explore protection for your positions
opencover.com/institutional
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