https://cozy.finance

Cozy Safety Moduledefi, crypto, protection, hack, smart contract, protocol, bitcoin, ethereumReliably reimburse users during incident responseCozy Safety ModuleSafety ModulesProtection MarketsExploreCreateIntroducing Safety ModulesA configurable “protection cap” solution to protect your users and grow your protocolYour Protocol$250,000Max Protection Per UserSafety ModuleFunds$30MDeFi users total losses since 2017$1,000,000,000Despite good intentions and security practices, users' funds are at risk—stunting confidence and suppressing growth.Introducing the Safety ModuleProtect your users with a Safety ModuleCreate a dedicated pool of capital reserved to pay out your users up to a specified cap. Protect against hacks, exploit, or other emergency.Protocol ProtectionSet custom coverage caps and transparent payout logic to protect all your users. Kickstart with balance sheet funding, then incentivize user contributions for sustainable growth.CreateYour Protocol$250,000Max Protection Per UserSafety ModuleFundsEcosystem ProtectionInstead of a safety module per project, protect users across your entire chain or ecosystem! Whitelist selected projects to protect and crowdsource incentivizes to grow with contributions from users.CreateYour Ecosystem$250,000of protection per userSafety ModuleFunds$50MProtecting 5 projectsYour Protocol$250,000Max Protection Per UserSafety ModuleFundsConfigureFundGrowPayoutsImpactConfigureEasy SetupEasy setup of custom caps, transparent coverage, and payout logic decisions.Protection cap per user$25,000Protects againstHacksExploitsMissing fundsBad debtDAO VotingInitiate and control payouts via your community.3rd Party VotingInitiate and control payouts via neutral 3rd party UMA voting.FundSafety Module Funds$1,000,000Funding sources1Start with yourbalance sheet2Increase sustainably bydirecting fees3Incentivize contributionwith rewardsEasy UIGrowSafety Module Funds$15,000,000Rewards ActiveContributeGrow by enabling contributionsAll without using your own fundsStablesYieldLP TokensOffer rewardsas incentivesie. 200 tokens/dayPayoutsStreamlined, trustless payoutsEverything you need to get your users their funds back quickly and efficiently.Easy payout UIAnti-sybil protectionImpactUser ConfidenceGive users confidence at the most critical moments.When confirming transactionsAlongside your auditsIn fund dashboardsYour UIYour project's own Safety Modules PageYour Safety Module$250,000Max protection per user$30,000,000  of Funds30,000,000 USDC$30,000,000ContributeCurrent Rewards5-10% APY"This Safety Module is dedicated to protecting our protocol's users in the event of a significant security incident. Funds could be used in the event of hack, exploit, bug, or shortfall that negatively impacts the protocol deposits."For ProjectsProtect your usersEasy SetupSet custom payout capsPayout logic templatesSet transparent expectationsFlexible funding methodsNo-hassle claims For Your UsersFunds are protectedIncreased confidenceTransparent expectationsTrustless claims process Included UIsCreate UISafety Module PageAdmin Supply/Withdraw FundsReward ManagerContributionsClaims (Coming soon) Frequently Asked QuestionsHow much does setting up a safety module cost?Other than the gas costs to deploy, a safety module is free to set up.Where does the funding come from?Projects are in charge of financing their safety modules, and the Safety Module supports a variety of flexible funding options:Fund Directly from Your Balance Sheet — Quick and straightforward, this method lets you get started right away.Use a Portion of Your Fees — Aim for long-term growth by redirecting some of your fee revenue towards the safety module.Encourage Contributions with Rewards — Expand without tapping into your own funds by offering rewards. These incentives are given to users in certain regions who help fund the safety module in specific ways.Can I use it for my project or ecosystem?Safety modules can either be set up to protect individual projects or to protect several projects (an ecosystem).Why is this better than insurance?ProtectionBoth options provide safeguards against unexpected losses from hacks, exploits, or bugs.FrictionWhile insurance requires individual users to experience the hassle of purchasing coverage or proving claims, a Safety Module is designed to automatically protect all users up to a specified limit, offering peace of mind without additional effort.AvailabilityInsurance often isn't available for new projects due to perceived risks or a lack of underwriters. Conversely, a Safety Module allows a project to begin protecting its users independently from day one.TransparencyInsurance policies can sometimes be complex and unclear. A Safety Module, on the other hand, offers a transparent and decentralized method for user protection, enhancing both clarity and trust.Can this help with legal risk?Nothing in DeFi is without risk; however, the Cozy Safety Module could serve as a beneficial tool for maintaining a decentralized approach to protecting your users. It offers a transparent alternative to policies that rely on the premise of "trust our team to reimburse you if something goes wrong." Always consult with your lawyers and professional advisors if you have concerns about risk.Can a Safety Module be trusted?Cozy Safety Modules, having undergone independent audits, adhere to best security practices. For added assurance, the code is available for review prior to implementation, allowing for additional inspection.Projects that are protecting their usersUnion Safety Module$11.86of Total FundsViewAcross Protocol Safety Module$241,000of Total Fundsup to $300 per userViewAudited and SecureProtocol SecurityApril 2023March 2024Create your Safety ModuleEverything your need to start protecting your users. Configure and deploy in minutes.Configure your Safety ModuleYour Protocol$250,000Max Protection Per UserSafety ModuleFunds$30Menen1727071852https://cozy.finance

Edit your site?

What are you doing?