@itsjeremiahs
⚡ Yesterday at Vault Summit we outlined the challenges of vault-native risk transfer and why it is key to unlocking the next $100B in DeFi.
Today, after nearly a year of work, OpenCover is launching Covered Vaults, the first primitive to natively deliver vault risk transfer at institutional scale.
Built in close collaboration with @nexusmutual, together with 15 exceptional design and launch partners, including @morpho, @kiln and @symbiotic, the new primitive brings multiple breakthroughs to DeFi risk transfer.
Catch the full launch announcement in the comments ⤵️