Cove

Cove, the one-stop platform for earning onchain, is now live! coveUSD sets the benchmark for safe, diversified blue chip USD yield on Ethereum. Powered by @gauntlet_xyz @ApeFramework @CoWSwap @yearnfi @ethena_labs @fraxfinance @superformxyz @0xfluid @eulerfinance @SkyEcosystem

you can just ship things i'm working on shipping the 1-click leveraged @cove_fi coveUSD vault next and targeting to beat the 11-14.5% APY you can get lending to @wintermute_t, @SeliniCapital, or MNNC on @WildcatFi while being fully collateralized (and with hopefully less risk).

Security teams are underusing SEAL-Intel. The obvious and relatively easy starting use case is phishing domains. With a few lines of Python, you can screen for North Korean IT worker threats across names, emails, and more.

proud supporter of @angstromxyz, along with @bunni_xyz (h/t @boredGenius) - i think these are the two strongest DEX designs on top of @Uniswap v4 that solve for LVR however, @cove_fi is the anti-AMM, it's designed without IL/LVR bunni+angstrom in cove soon, need markout data 😉

The Cove ecosystem is one of the most powerful flywheels in DeFi, you just don’t know it yet. From Boosties, the main protocol, to leveraged @yearnfi v3 strategies, they all work together. 🔀 All while delivering higher, safe, diversified blue chip yield to you.

working with @omgcorn and @electisec to audit boosties is what led to @adrianromero checking out our other code and responsibly disclosing the security community isn't that big and word gets around good researchers should be encouraged to look at your codebase! 🙏

.@cove_fi is designed so that @0xngmi + @DefiLlama would allow double counting TVL because it charges actual fees e.g. for every $10M coveUSD, ~$4M goes into the boosties sUSDS @yearnfi vault (@SkyEcosystem) 🤑 $10M in TVL = $14M AUM in fees cc @Schlagonia @fubuloubu @omgcorn

.@cove_fi will onboard TradFi why? because products like coveUSD replicate the performance of onchain rebalancing portfolios via daily @CoWSwap batch auctions, which is what finance wants in structured products no loss-versus-rebalancing (LVR) and capture positive slippage

.@cove_fi is fully vertically integrated to avoid this pitfall we launched boosties, the first dedicated liquid locker and staking platform for @yearnfi built with yearn v3 last year (named after @bantg) @Schlagonia is one hell of an architect 🫡

.@cove_fi taps @0xfluid's growing liquidity via programmatic @CoWSwap batch auctions initiated by offchain @ApeFramework Silverback bots 🔥 new liquidity sources are added automatically benefits of using CoW's existing network of solvers 🙌 cc @fubuloubu @Montyly @pata_eth

cannot wait to use aave v4 for @cove_fi 😁 cc @lemiscate

.@CL207 randomly DM'd me in 2020 because i was active in the @yearnfi ecosystem this eventually led to @egirl_capital after @pet3rpan_ wanted to see if it was possible to do a version of @VENTURE_DAO witnout a legal entity spoiler: it wasn't

A critical vulnerability I found in code forked from @1inch could have drained ~650k COVE tokens from @cove_fi contracts. Here's how the attack worked and how it was responsibly disclosed 🧵