COVERED VAULTS UPDATE
The Covered @Morpho Γ @gauntlet_xyz Prime vault is now verified on @etherscan β
Protected onchain yield should be transparent, auditable, and verifiable at every layer of the stack.
COVERED VAULTS UPDATE
Premiums across 6 @Morpho Covered Vaults just dropped by over 20% on average.
Explore current premium reductions on @ethereum, @Optimism, and @base ‡οΈ
Words of wisdom.
The future of DeFi was never going to be βno risk.β Itβs better infrastructure with risk transfer built directly into the stack.
Glad to be partnering with teams like @coinstancy who take that approach seriously.
Entire CT acting like risk management stops at βdonβt use DeFiβ
Reality is different (as always) π«‘
At @coinstancy, our team handles the operational layer with strict internal frameworks, continuous protocol review and @OpenCover protection covering supported smart contract risks. Users donβt monitor protocols, liquidity shifts or exploit exposure themselves.
Since launch, none of the protocols selected by Coinstancy have suffered an exploit during our exposure period.
Discipline mattersπ‘οΈ
@StaniKulechov DeFi security has improved massively over the years.
But no mature financial system relies on risk mitigation alone. Residual tail risk still needs to be transferred somewhere.
Thatβs what @OpenCover is for.
COVERED VAULTS SPOTLIGHT
Covered Vaults adoption is growing on @Base, giving users access to low-risk USDC yield across @superformxyz, @yield and @Morpho x @SteakhouseFi
Currently 4 to 10% covered APY ‡οΈ