ποΈ Cover Products
Members can purchase cover products that protect against different kinds of risk. Currently, the Creed offers a variety of cover products for onchain and real world risks. The protocol does support product development for new types of cover, such as cover for real world risk and other types of onchain risk.
ποΈ Protocol Cover
When you deposit crypto assets into a protocol, your funds are exposed to a variety of risks within that protocol. Protocol Cover is designed to protect you funds against smart contract and economic risk within one (1) protocol's smart contracts.
ποΈ Bundled Protocol Cover
When you are earning yield using a strategy that involves more than one (1) protocol, your crypto assets are exposed to risk across multiple protocols. Bundled Protocol Cover is designed to protect your assets against smart contract and economic risk within multiple protocols' smart contracts.
ποΈ DeFi Pass Cover
The DeFi Pass product is designed for people who are active in one network's DeFi ecosystem and regularly move their crypto assets between major protocols to get the best yields.
ποΈ Native Protocol Cover
With Native Protocol Cover, your team can provide users with a base layer of protection for your protocol's TVL, or a portion thereof, up to $25M.
ποΈ Fund Portfolio Cover
This product is designed to cover a fundβs entire yield-generating portfolio. Institutional funds and family offices can purchase Fund Portfolio Cover to earn yield for their LPs while protecting for funds against a worst case scenarios arising from smart contract risk and economic risks.
ποΈ ETH Slashing Cover
Organizations that run ETH validators and help secure the Ethereum network are exposed to slashing risks, which can be caused by improper actions such as double-signing, surround voting, downtime, and infrastructure and setup failure.
ποΈ Quota Share Cover
Onchain cover providers and other providers can protect their underwriting capital against the underlying risks they offer coverage for.
ποΈ Real World Risk
The Creed Crypto protocol provides the infrastructure for members to build risk management businesses.