@opencover

Introducing Covered Vaults: the first primitive for vault-native risk transfer Vault risk transfer is one of the hardest problems at the intersection of DeFi and insurance. 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, we are introducing Covered Vaults, the first primitive to deliver vault-native risk transfer at scale. Built in close collaboration with @nexusmutual, together with 15 design and launch partners, including @morpho, @kiln, and @symbiotic, the new primitive brings multiple breakthroughs to DeFi risk transfer. https://www.youtube.com/watch?v=TepsKgVMlJI

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