Jeremiah | OpenCover pfp

Jeremiah | OpenCover

@itsjeremiahs

131 Following
3569 Followers


Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Your favourite onchain cover just got a whole lot more BASED ๐Ÿš€ Major upgrade dropping soon. Keep your eyes peeled for the alpha! ๐Ÿ’™
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Protect your lvlUSD with OpenCover to mitigate depeg risks ๐Ÿ›ก๏ธ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Explore what we've been up to last month ๐Ÿ—ž๏ธ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Weโ€™ve partnered with Coinbase to keep you safe onchain ๐Ÿ”’ Sign up for Coinbase Oneโ€™s 30-day free trial and unlock your first cover free up to $1,000, plus 10% off OpenCover products. Donโ€™t miss out ๐ŸŽ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Didn't make it out to Denver? Don't worry, weโ€™ve got your back! Weโ€™re giving away exclusive goodies, just Spin to Win! ๐ŸŽ To enter, just purchase a cover, every spin guarantees a prize ๐ŸŽ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
๐Ÿ“ฃ BREAKING: we're joining forces with @coinbase to help you stay safe onchain ๐Ÿ›ก๏ธ 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 ๐Ÿ‘‡
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
๐ŸŽ OpenCover is at ETHDenver this week and to celebrate we're giving away exclusive prizes ๐ŸŽ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
We've just ticked over a major milestone with Request Finance! ๐Ÿ›ก๏ธ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
๐Ÿ›ก๏ธ BIG NEWS ๐Ÿ›ก๏ธ Weโ€™ve just launched depeg protection for: โ€ข Stablecoins: USDe, USR, USDS, USDT0, LVLUSD โ€ข Wrapped assets: WBTC, eBTC, OETH, tETH Depeg cover/insurance effectively vanished after the Terra/UST collapse so it's a big deal! *How it works* ~$3-10m of initial capacity for each asset, underwritten by Nexus Mutual (over $5 billion in onchain risk covered since 2019). Claim trigger: if the covered asset goes under its reference value by x% for y consecutive days, you can claim z% of its reference value โ€” coverage extends to select derivative tokens as well (e.g. staked version of the covered asset). *Example* USDS cover โ†’ if USDS goes below $0.90 for 7 consecutive days, you can swap your depegged USDS โ€” or sUSDS โ€” for 97.5% of their reference value (i.e. 2.5% deductible). sUSDS is currently yielding 8.75% APY and cover is around 0.6% annual equivalent so you can get ~8% stable yield virtually risk-free on @base.
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Almost 3 years after the Terra/UST collapse, depeg protection is finally back โ€” nature is healing ๐ŸŒฒ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
See you at ETHDenver! ๐Ÿš€
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
OpenCover protection, including against failures of the underlying protocols, is now available directly in the Beefy dApp! ๐Ÿฎ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
๐Ÿ‘ท Building in DeFi and want to offer protection to your users? ๐Ÿ›ก๏ธ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
๐Ÿ“ฐ OpenCover is in the news!
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Looking for the inside scoop on onchain security? Find out here ๐Ÿ‘‡
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Join us tomorrow for an exclusive break down of real risks & best practices ๐Ÿ”’
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Pendle Multi Cover is officially available on OpenCover ๐Ÿ•ฐ๏ธ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
Beefy Multi Cover is now live on OpenCover ๐Ÿฎ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
We're offering the ultimate plan for stress-free lending and borrowing ๐Ÿ”ฅ
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Jeremiah | OpenCover pfp
Jeremiah | OpenCover
@itsjeremiahs
๐Ÿ”ต Earning risk-adjusted yield on @base just got 10x simpler.
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