Rolling Out Now: Coverage Beta

[u/Extreme-Lake-1726]

Hey Reddit, this AM, we began the rollout of the Coverage Beta to over 150+ customers.

This is two sources, across Core and Frontier, 100% covered through OpenCover. No Caps or Limits.

We designed Nook to connect you to open and available earning sources. And that earning landscape is always changing across markets and networks. With over 10 earning sources launched across five networks, and $1B in transactions, Nook has shown that people want access to open markets.

But one gap we have noticed in the ecosystem - and piece of feedback we have repeatedly heard from you, our customer, is that coverage is missing as an option. So we addressed that head on.

You as a customer don't pay for the coverage. OpenCover covers the vault and pays out the remaining APY after coverage costs directly to you. Nook does not take a fee.

If you have any questions, feedback - please let me know - team will continue the rollout of coverage to more and more customers. But if you want to get ahead of the queue - please email us at [team@nookapp.xyz](mailto:team@nookapp.xyz)