Opus
@OpusMoney
Followers
4K
Following
406
Statuses
498
A cross margin credit protocol with autonomous monetary policy and dynamic risk parameters | powered by @Starknet
https://discord.gg/4enTVMudFD
Joined October 2021
Meet Schwarzschild Insurance: a trailblazer in DeFi insurance coverage. 🏦 We're a registered insurance company, providing coverage for user deposits on Opus and @SandclockOrg , proudly operating under the @Lindy_Labs umbrella. What do we cover, and what does it make us special? Scope of Coverage: Schwarzschild Provides coverage against: - Loss or theft of crypto assets due to unauthorized or malicious actors targeting the platform. - Losses from errors or omissions within the protocol - Security or privacy breaches targeting the protocol Claims Process: Schwarzschild Similar to traditional insurance offerings, the claims process outlines the milestones for claim settlements. Here are the steps: 1. Occurrence of an insured event. 2. Online submission of claim notice with relevant docs. 3. Identity verification and proof of wallet ownership. 4. Claim review and settlement confirmation. 5. Payment of claim. Membership and Participation: Schwarzschild Individual participation is not required, Just deposit funds on Sandclock, and you're automatically covered! Security Measures: Schwarzschild We're focusing on ensuring protection against protocol-level risks and depositor protection. Getting a DeFi insurance license has been quite the journey (3 years!) Well, the wait is finally over! Starting ✨January 1, 2025,✨all Opus and Sandclock depositors will be insured! Read more:
8
13
36
More excitement in Bountive's $CASH Raffle! Join now! :D
Join us to be part of this exciting journey: - Bountive Updates - Raffles News - Raffle Winners - Open chat - Some Alpha 👀 One unique link 🔗
1
0
4
0
1
0
Now.. Who's ready for ROUND 2! 😤
CASH Raffle Round 2 is here 💯 3 winners🥇🥈🥉 200$ Prizes💰 7 days 📅 Every CASH you deposit will be returned to you Thanks to the no-loss Lottery🙌 The more you deposit & the earlier you deposit, the more chance you have of winning Deposit now here➡️
2
0
3
@Bountive $CASH raffle has ended. Congratulations to the winner! Do you think that’s it? Nope! 😤 Round 2 soon!
2
0
2
Hope you stayed safe during yesterday’s liquidation cascade. Here’s a breakdown of how Opus handled it: 1️⃣ 14 Liquidations in Total 🔻1 absorbed by the Stability Pool 🔻The rest executed by independent searchers 🔹 Total liquidated debt: $1.45K 🔹 Partial liquidations ensured troves were only adjusted as needed (Not fully liquidated) 🔹 The Absorber kicked in only when no searchers were active, maintaining system solvency 2️⃣ Users Repaid Debt → Pushing CASH to Peg The Global Multiplier adjusted dynamically to market conditions Now... If you think the market has bottomed out, now might be a great time to borrow some $CASH and put it to work! while enjoying earning $STRK rewards!
1
2
9
RT @Bountive: Just 1 Day Left before the draw of our CASH Raffle #1 200$ to grab for this Raffle💰 (Incentive by @OpusMoney) The power of…
0
6
0
@Starknet_OG @vesuxyz Wait for our tweet, then you know how Opus handle yesterday's liquidation event! 😏 Bery Bery Cool
2
1
7
