OpenCover cover is optional, selected in the Yuzu interface, and applies only to the portion of the position a holder chooses to protect. Premium streams from yield. Coverage is underwritten by
@NexusMutual.
It sits alongside the existing Alpha framework: senior overcollateralization, a first-loss tranche (yzPP), a Reserve Fund, and continuous monitoring. Those controls are designed to mitigate loss scenarios. Cover is a complementary layer for residual tail exposures they are not designed to remove.
Available on