Hi mates! Greeting to you all!
After the exploit happened on early February and the immediate action taken by the team to compensate everyone affected , @yearn.finance twitted that “It was done as a one-off celebration of going through this DeFi rite of passage. Don’t count on it happening again. Make sure to buy Cover next time.”
That’s fair enough , however i urge anyone who was able to buy cover for his yearn vaults to advise how can i do it myself!!
i even asked about this in the past here How to buy cover for my vault deposits
Fact is that it’s still impossible to buy any cover to both nexusmutual or coverprotocol ( There’s no availability to both protocols , for example cover has just 300$ of cover available)
Now i ask sincerely and with every good intent
Is there any other way to do this in a practical way?
What happens in the event of a new hack/exploit?