Latest Posts with Cover Protocol tag

Cover Protocol

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Cover Update, Binance users and COVER-OLD

1 Jan 2021 1 minute read 1 comment arro

After the COVER smart contract experienced an infinite minting attack on 2020/12/28, a large number of minted COVER tokens (greater than the COVER circulating supply) were bought by arbitrageurs on decentralized exchanges and deposited on Binance, c...

What is a cover protocol and why is it unique?

23 Dec 2020 1 minute read 2 comments arro

About COVER Protocol   COVER Protocol ($COVER) is a peer to peer coverage market for DeFi (decentralized finance). It allows DeFi users to be protected against smart contract risk, stabilizes DeFi space by instilling confidence and trust between pro...

[Company Watch] Cover Protocol and how to milk 100% APY?

7 Dec 2020 4 minute read 0 comments Serenity Fund

  Cover Protocol is a recent incarnation project from SAFE, which rode on Nexus Mutual and garnered public attention, especially those who are interested in on-chain insurance. Given the recent rise of exploits, and Nexus's attitude that they do not...

Yearn Finance and Cover Protocol Will "Work as One" Following Merger

30 Nov 2020 1 minute read 3 comments Abhimanyu Krishnan

The Yearn.Finance (YFI) and Cover Protocol (COVER) projects have announced a merger that will see the two teams' development agendas work in tandem, according to a blog post published on Nov. 28. Andre Cronje, founder of Yearn.Finance, said that the...

P2P Insurance Network Cover Protocol Executes Claim for Pickle Finance Hack

25 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized insurance coverage network Cover Protocol announced on Nov. 24 that its users had successfully agreed to payout a coverage for the Pickle Finance hack that occurred on Nov. 23. Cover Protocol will cover some of the funds from the $20 m...