Anyone tried QuickNode`s covered strategies?

They use OpenCover for coverege on eligible Morpho vaults. Has anyone actually tried this? interested how it works in practice and whether the lower net APY is worth it

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u/Organic-Count3017 1 3 days ago

I played around with it for a couple morpho vaults, honestly mostly out of curiosity. the apy drop is noticeable but i sleep a little better knowing there's a safety net if things go sideways again not sure i'd dump my whole stack in there but for a chunk of stablecoins it's been fine
u/0x5589e5 OP 1 3 days ago

I don't know, QuickNode Earn says "Cover does not remove risk" in it's docs, thouch thier provider specifies risks it manages and to which amount, I wish there was a video, I'd read more docs Also it would be awesome to know from real practice how often a vault would become illiquid