Covered stablecoin yield & more🛡️
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Coinstancy is building covered stablecoin savings on Balancer V3. Balancer Boosted Pools help power capital-efficient stablecoin strategies behind a simple user-facing savings product. 👉 Simple deposits 👉 Covered DeFi yield 👉 Decentralized liquidity infrastructure
Coverage in Coinstancy Savings starts before an incident. Coinstancy maps live allocations to active cover, monitors exposure and coordinates evidence and claims through @opencover; the third-party provider independently assesses eligibility under its terms.
🛡️ What if earning yield didn’t mean taking blind risk ? Savings on Coinstancy are protected by a dedicated coverage powered by @opencover, designed to secure your funds against major protocol failures. In case of a smart contract issue or a critical event, a protection mechanism is in place under defined conditions. We structure the risk, you keep the visibility. Save, earn, and move forward with confidence on coinstancy.com 🔐
We had no exposure to Drift Protocol or any impacted third-party ✅ All funds remain secure and continue to generate yield as designed. Reminder : Funds are backed by @opencover #insurance, covering protocol hack risks on the protocols we use 🛡️