497288
OpenCover

@opencover #497288

πŸ›‘οΈ Keeping you safe onchain πŸ›‘οΈ opencover.com
3192 Follower 423 Following
πŸ—“οΈ Mark your calendars!

We're launching on Product Hunt next week πŸš€

Over the last two months, we've worked alongside @nexusmutual to build The Base DeFi Pass! Working to safeguard your assets across multiple leading DeFi protocols on @base β€” all with a single purchase.

πŸ›‘οΈ Covering top protocols like Aerodrome, Arcadia, Beefy Finance, Compound v3, Extra Finance, Moonwell, Morpho, Overnight Finance, Uniswap v3, and more. Say goodbye to juggling multiple covers and hello to a simplified, secure DeFi experience. πŸ”’
πŸ›‘οΈ NEW BUNDLED COVER LISTED πŸ›‘οΈ

Secure your assets across @morpho + Morpho Vaults with Nexus Mutual.

Save over $50 in gas fees and streamline cover management πŸš€

Learn more and get covered
πŸ‘‡
http://opencover.com/morphovaults
/defi /base /ethereum
An exciting new protocol is fluttering its way onto OpenCover this week. Any guess?
Introducing the Base DeFi Pass to protect yourself across leading @base protocols using @coinbasewallet Smart Wallet πŸ›‘οΈ

Sign up for early access and enjoy your first cover free of charge!
https://x.com/i/status/1842195600600973402
πŸ‘‡

The Base DeFi Pass is your onchain safety net, built alongside @nexusmutual.

Your one-stop pass to protect your assets across top Base protocols, including @aerodrome, @beefy, Compound v3, @extrafi, @moonwell, @morpho, Overnight Finance, and @uniswap.

Keep your assets safe from smart contract vulnerabilities, hacks & more! Sign up below for early access, and enjoy your first cover on us!
https://pro-secure.typeform.com/basepass
πŸ›‘οΈ NEW COVER LISTED πŸ›‘οΈ

@termlabs is officially available on OpenCover!

We just unlocked over $2.4m in Term Finance cover capacity from @nexusmutual on @arbitrum and @0xpolygon.

Cover your assets on Term and save over $50 in gas fees πŸš€
πŸ‘‡
http://opencover.com/termfinance
πŸ“― Hot off the press!

September OpenCover Alpha newsletter is here.

πŸ”΅ Base Pass early access sign-up - second round
πŸ”΅ OpenCover is now mobile-friendly
πŸ”΅ Breaking news in the onchain cover space

SubscribeπŸ’«
https://opencover.substack.com/p/opencover-alpha-october-2024
πŸ”” Weekly industry update

πŸ›‘οΈ OpenCover
πŸ”Ή Euler v2 is now live on OpenCover.
πŸ”Ή OpenCover is now mobile-friendly.

🚨 Hacks
πŸ”Ή Onyx DAO suffered a ~$3.8m exploit.
πŸ”Ή Bedrock was hacked for ~$1.7m.

πŸ”’ Industry
πŸ”Ή Nexus Mutual's request to approve the addition of Delegated Claims functionality for select product types is open for comments until Oct 3.
πŸ”Ή Nexus Mutual's request to offboard DAI as a Capital Pool asset is open for comments until Oct 7.
πŸ”Ή Nexus Mutual's request to onboard cbBTC as a Capital Pool asset is open for comments until Oct 8.
πŸ“£ PRODUCT UPDATE

Great news everyone, OpenCover is now mobile-friendly!

Protect your assets directly from your phone, using your preferred wallet πŸ“²

Learn more and find onchain peace of mind
πŸ‘‡
https://opencover.com
πŸ›‘οΈ NEW COVER LISTED πŸ›‘οΈ

@euler is officially available on OpenCover πŸš€

Keep your assets safe on Euler v2 with @nexusmutual and streamline cover management.

Learn more and find onchain peace of mind
πŸ‘‡
http://opencover.com/euler
Using blockchain professionally? Massive alpha drop on the latest @accountantquits pod ‡️

https://www.youtube.com/watch?v=eifAcV8msvo
Guess the guest πŸ‘€
Do you recognize this mathematician? And can you guess which protocol we are launching on OpenCover this week?
πŸ”” Weekly industry update

πŸ›‘οΈ OpenCover
πŸ”Ή Convex is officially available on OpenCover.
πŸ”Ή We opened up early access to the Base DeFi Pass with Nexus Mutual: https://opencover.com/cover/what-is-the-base-defi-pass/

🚨 Hacks
πŸ”Ή BingX was hacked for over $26m.
Look who's just been featured on @coinmarket...

https://coinmarketcap.com/community/articles/66ead6e373afb44cb2129c73/

Have a read to learn more about our partnership with Request Finance & @nexusmutual
πŸ‘‡
This week, alongside @nexusmutual, we opened up early access to our first cohort of Defi Base Pass users. Great to see so many of you!

But what is the Base DeFi Pass? Dive in to find out more!
https://opencover.com/cover/what-is-the-base-defi-pass/

If you missed the initial sign-up, we will be inviting more users soon πŸ‘‡

πŸ₯³ We're also opening up $250k of free cover in exchange for your feedback!

πŸ›‘οΈ To be included in our next cohort feel free to sign up using the form below
https://pro-secure.typeform.com/basepass
πŸ›‘οΈ NEW COVER LISTED πŸ›‘οΈ

@convexfinance is officially available on OpenCover!

We just unlocked over $6m in Convex cover capacity from @nexusmutual on @ethereum, @arbitrum and @0xpolygon.

Cover your assets on Convex and save over $50 in gas fees πŸš€
πŸ‘‡
http://opencover.com/frens/22
This week, we're launching a first-rate DeFi exchange and automated market maker on OpenCover. Any guesses?
πŸ›‘οΈ NEW COVER LISTED πŸ›‘οΈ

@reserve protocol is live on OpenCover!

Protect your assets on the Reserve protocol with @nexusmutual, and save $50+ on gas fees.

Learn more and find onchain peace of mind
πŸ‘‡
http://opencover.com/reserve
πŸ“£ Partnership announcement (and historic milestone for onchain finance!)

We're joining forces with Request Finance and @nexusmutual to raise the bar on end-user protection onchain.

πŸ›‘οΈ "Your keys, your coins" also means your risk.

Until now, onchain risk has been borne by end-users. For example, if a blockchain state produces an unexpected outcome for a given transaction the end-user is forced to absorb any losses.

Today & for the first time, third-party transaction risk is being transferred away from end-users with Request effectively guaranteeing the outcome of transactions created on their platform using OpenCover Transaction Cover.

Eligible Request transactions on Ethereum, Arbitrum, Polygon, Optimism, BNB and Avalanche are now covered up to $100k against technical, economic and security onchain risks β€” this protects the full value of over 95% of supported Request transactions.

Experience the future of onchain payments yourself πŸ‘‡
https://t.co/XXUg2N6UAu
We're launching a new protocol on OpenCover this week. Can you guess which?
Exciting news! πŸŽ‰

We're teaming up with @nexusmutual to bring you unprecedented protection against protocol hacks and failures on @base. Together, we're launching The Base Pass, protecting you on Based protocols, in just one single cover.

Our Base Pass closed beta is now live! Be part of an exclusive group, test the product, and get a slice of $250k in free cover on Base in exchange for your insights!

πŸ‘‡
https://pro-secure.typeform.com/basepass?typeform-source=t.co
πŸ”” Weekly industry update

πŸ›‘οΈ OpenCover
πŸ”Ή We launched an embedded cover API on Arcadia.
πŸ”Ή Contango is officially live on OpenCover.

🚨 Hacks
πŸ”Ή Pendle-based yield optimizer Penpie was hacked for $27m.

πŸ”’ Industry
πŸ”Ή Nexus Mutual DAO members approved Karpatkey’s proposal to manage DAO Treasury assets.
πŸ›‘οΈ NEW COVER LISTED πŸ›‘οΈ

@contango is officially available on OpenCover πŸš€

Keep your assets safe on Contango with @nexusmutual and streamline cover management.

Learn more and find onchain peace of mind
πŸ‘‡
http://opencover.com/contango
πŸ“― Hot off the press!

August OpenCover Alpha newsletter is here.

πŸ”΅ OpenCover Base Pass closed beta sign-up!
πŸ”΅ Arcadia Finance Integration
πŸ”΅ Breaking news in the onchain cover space

SubscribeπŸ’«
https://opencover.substack.com/p/opencover-alpha-august-2024
We're launching the ultimate looping protocol on OpenCover this week. Care to venture a guess?
🀝 We're excited to partner with @arcadiafi.eth to make DeFi a safer place.

You may now directly purchase OpenCover from the Arcadia UI πŸš€

Arcadia users can swiftly protect their positions as they deposit into their chosen pool.

Get covered and find onchain peace of mind.
πŸ‘‡
http://arcadia.finance/pool