Tidal Finance
Published in

Tidal Finance

Bi-Weekly Recap — Mar. 7th to Mar. 18th

Dear Community,

In the past two weeks, we have launched a new policy in joint effort with NAOS finance to cover real world asset loan defaults. As usual, biweekly report comes again with our progress shown in two categories:

  1. Marketing and business growth.
  2. Product development.

Marketing and business growth

In the past two weeks, we have activated two new coverage pools. Liquity’s smart contract coverage, as well as NAOS’s real world asset loan coverage. For more details about depegging policy please check out the cover policy section — section II, undercollateralized loans.

In addition, UST user purchase portal is live and UST holders can get depegging protection at 0.05% weekly cost.

Reserve is currently at 682,405 USDC earning around 71% APR with 34% APR USDC earning and 43% APR TIDAL earning. The current activated plans include a total coverage of 4 million.

Product development

  • Deployed NAOS real world asset coverage pool.
  • Deployed Liquity smart contract coverage pool.
  • Launched UST user purchase portal.
  • Updated the user purchase portal for Anchor coverage — for subscribed buyers who don’t have enough pre-deposit balance to pay for the coverage amount, we automatically removed their subscribed coverage amount from the available capacity, making more capacity available for other buyers.




Tidal Finance is the first flexible DeFi insurance platform and marketplace, offering the highest APYs and gas-free transactions. The flexible insurance model allows companies to adjust their premiums on a weekly basis based on fluctuating TVLs (Total Value Locked).

Recommended from Medium

Optimal cryptocurrency areas

David vs. Goliath: ETH and XLM go head on

Register here: https://bit.ly/3jk5Dt3

Terra Classic — A Way Forward for the LUNAC/UST economy

OMCHF MEME Creativity Challenge, Win 800 OMCHF

5 Reasons You Should Try Covesting

How Is Trust Created in Dapps between users and devs?

UK Budget 2020: Implications for cryptoasset businesses

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tidal Finance

Tidal Finance

Tidal Finance is the first flexible DeFi insurance platform and marketplace offering the highest APYs in the industry. https://tidal.finance/

More from Medium

Equinox AMA Recap

DeepSquare Cross AMA with Pledged Capital

Partnership with Beamswap

AMA Recap:06.06.2022