Back to Organizations
Cozy Finance
Protect your users. Grow your protocol. Introducing Safety Modules: an automated, onchain emergency fund to make things right in the event of a hack.
Distributed
Description
Cozy Finance allows projects to protect their users with a Safety Module, a dedicated pool of capital reserved to pay out users up to a specified cap in case of hacks, exploits, or other emergencies. Projects can set custom coverage caps and transparent payout logic to protect all their users, kickstarting with balance sheet funding and then incentivizing user contributions for sustainable growth. It's also possible to protect users across an entire chain or ecosystem, rather than on a per-project basis, by whitelisting selected projects and crowdsourcing incentives.Grant Funding
VC Funding
None
2020
$0
$2M