Shield Mining Rewards Update

  1. You spend $0.1788 buying one Curve CLAIM token
  2. You use the purchased CLAIM token to mine COVER token
  3. You earn $0.1994 of $COVER by expiry (using current Curve CLAIM pool APY of 223%)
  4. In the end, assuming the CLAIM token expires worthless, not only will you get the coverage for free, but actually profit $0.0206 (~12% of $0.1788) by purchasing the coverage (Curve CLAIM token)
  • 30% of the 654 $COVER will go to $CLAIM liquidity providers.
  • 50% of the 654 $COVER will go to $NOCLAIM liquidity providers.

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https://www.coverprotocol.com/

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Cover Protocol

Cover Protocol

https://www.coverprotocol.com/

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