What is The Base DeFi Pass?
🔵 Cover includes deposits on Base for Aerodrome, Arcadia, Beefy, Compound v3, ExtraFi, Moonwell, Morpho, Overnight, Uniswap v3 ⚡️ Built by OpenCover, powered by Nexus Mutual 🛡️ Cover available for 30/60/90 days 🪙 Starts at $5 per month.
Problem
Users face the risk of protocol hacks when using DeFi platforms
Drawbacks: Lack of protection for deposits, vulnerability to security breaches, potential loss of funds
Solution
Web-based subscription service
All-in protection against protocol hacks offered from $5 a month, covers deposits on various DeFi platforms such as Aerodrome, Arcadia, Beefy, Compound v3, ExtraFi, Moonwell, Morpho, Overnight, Uniswap v3
Examples: Cover available for 30/60/90 days, provided by OpenCover and powered by Nexus Mutual, starting at $5 per month
Customers
DeFi users, cryptocurrency investors, individuals and organizations utilizing decentralized finance platforms
Occupation or specific position: Crypto traders, DeFi enthusiasts, risk-averse investors
Unique Features
Comprehensive coverage against protocol hacks
Affordable pricing starting at $5 a month
Options for different coverage durations (30/60/90 days)
Backed by reputable entities like OpenCover and Nexus Mutual
User Comments
Great peace of mind knowing my DeFi deposits are protected
Affordable pricing for the coverage offered
Smooth user experience with setting up and managing coverage
Timely notifications and updates regarding coverage
Trusted partnership with Nexus Mutual adds credibility
Traction
Current traction data is not available. Additional research on producthunt.com or the product's website may provide specific metrics.
Market Size
Global decentralized finance market was valued at approximately $97.9 billion in 2020 and is projected to reach $1.7 trillion by 2028.
