🔐 Protect Your rsETH (Zircuit) Fixed Yield Position

A crypto security team is preparing to attend **ADFW 2025** conference to help attendees secure their cryptocurrency holdings. The team promotes **covered yield** as a winning strategy - combining yield generation with protective coverage to reduce DeFi risks. Key benefits highlighted: - Earn yield while maintaining security - Access to curated covered yield opportunities - Protection against DeFi volatility The company operates a directory at [OpenYield](https://www.openyield.com/) that helps users find covered yield options. *Conference attendees can connect with the team for crypto security guidance.*

The crypto insurance space tackles its biggest challenge: **payment reliability when claims arise**. - OpenCover and Nexus Mutual position themselves as solutions to this fundamental concern - Both platforms aim to provide **transparent claim processes** for crypto-related coverage - The focus shifts from marketing promises to **actual payout performance** This development highlights the maturation of decentralized insurance protocols as they work to build user trust through proven claim settlement records.

OpenCover has updated their Base DeFi Pass, enhancing security for DeFi activities on Base network. Key features include: - Protection against hacks, smart contract bugs, and protocol failures - Coverage for 9 major protocols including Aerodrome, Beefy, Uniswap - Partnership with Nexus Mutual for comprehensive coverage Base creator Jesse Pollak endorsed the pass in CoinDesk, highlighting its role in building user confidence. The platform offers a free 30-day trial covering up to $10,000 in protection per user. Learn more: [Base DeFi Pass](https://opencover.com/basepass/)

The Nexus Mutual DAO has announced nearly $600,000 in available grants. This significant funding opportunity is open for applications, with details on the Request for Proposals (RFPs) and application process available on their website. Key points: - Almost $600,000 in grants available - Open RFPs for various projects - Application process detailed on NexusMutualDAO website **How to apply:** 1. Visit https://nexusmutualdao.io/grants-program 2. Review open RFPs 3. Submit your application *Interested in contributing? Check out the program and see if your ideas align with their current priorities!*

International tensions led to a bearish start for crypto this week, with ETH facing additional pressure from decreased L1 activity and fees. Key developments: - SWIFT to trial digital asset transactions with banks in 2025 - Synthetix community approves major governance change - EigenLayer token debuts with $7B valuation - FTX creditors approve reorganization plan - Solana DEX volumes surpass Ethereum again - Japan to review crypto financial regulations Despite the slow start, the DeFi ecosystem continues to evolve with significant governance changes, new token launches, and regulatory developments shaping the landscape.