Olivia
Online
DEIN
@DEIN_fi
DeFi is risky. We fixed it. πΆ
Mainnet is LIVE π’ Get on-chain coverage for literally anything, or earn yield by providing liquidity.
Joined August 2011
174 Following
54.4K Followers
2.8K Posts
Β Pinned Tweet
DEIN Mainnet is LIVE! πΆ
We are changing how the world manages risk: Insure literally anything onchain and earn real yield by providing liquidity.
The trillion-dollar insurance industry just got an upgrade. π§΅
πhttps://t.co/kg4AUm8blk
gm builders. honest question what happens to your users if your code fails tomorrow?
especially for those who said : "i will never sell" coverage β
Who to follow
Pentagon Games XP
@PentagonGamesXP
Living IP House. Web3 Games. Spatial worlds. Owned by you. Built for the agentic future.
@PentagonChain π
Maiga.ai π§’π§’
@Maiga_AI
Your AI co-pilot for crypto trading, DeFi & prediction market . Build on @BNBChain. Powered by $MAIGA.
EllioTrades
@elliotrades
Seeking truth with convexity
Building @superverse @blackholedex @supernovadex
Disclosures https://t.co/FVXtAoiDON
proposal to add a new policy class on DEIN: promises made on twitter.
premium: high.
historical payout rate: also high.
coverage limit: $0.
declined on grounds of moral hazard.
Fear & Greed: 25. DEIN posting frequency: also 25. fix one of those. which one?
DEIN is the receipt. Onchain coverage that pays when the code fails. Because at some point it will.
OpenZeppelin founder yesterday: "I now consider all of DeFi unsafe."That's the guy who builds the locks telling you they don't work.
Read that again β
Security tells you the door is locked. Coverage pays out when someone walks through the wall.
One of those is a promise. The other is a receipt.
@volod_lyt Amen!
Polymarket whole job is using oracles to figure out what's true.
Today their oracle adapter got drained. Private key compromise.
The prediction market couldn't predict its own bridge.
Laszlo knew where his money went. Do you? Happy Pizza Day Everyone,
If you had to buy coverage for one protocol you're using right now - which one?
Asking for a friend.
Name one DeFi security thing that's measurably better than 2022.
I'll wait.
@Kylechasse Insurance is the word the industry can't get right. Coverage is what works.
This week's exploits:
A hard coded backdoor.
A deprecated contract nobody turned off.
A 4 year old function nobody re read.
An unprotected initialize().
All audited. All drained.
@TomCochrane Best line on this thread.
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