The Cozy v2 protocol is the protection marketplace for on-chain yield seekers.
And as of right now, it is live on Optimism to non-US users.
Try it out at cozy.finance.
Read on to learn more.
👇
1/10
With Cozy v2, you can buy protection to
hedge against risks like smart contract hacks, depegs, and more.
2/10
Or you can earn yields by providing protection, backing an index of markets.
3/10
If you don’t find the market you’re looking for, you can use the protocol to create one.
4/10
You can create markets that cover anything from depegs, hacks, custody risks, and more.
5/10
Markets pay out predictably and automatically. No opaque claims process.
6/10
Pricing is programmatic, so price discovery efficient and fair.
7/10
Capital is used efficiently to maximize yields for protection providers and minimize costs for protection buyers.
8/10
Cozy v2 launches with one set and six markets.
1. @LidoFinance stETH
2. @CurveFinance
3. @AaveAave v2
4. @Uniswap v3
5. @MakerDAO Dai
6. @dYdX
9/10
We can’t wait to see what you do with Cozy v2.
Stay tuned for a series of deep dives on every aspect of the protocol.
Read the full announcement here: mirror.xyz/cozy.eth/w24TU…
10/10
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.