You farmed 400% APR and still ended the month red, because the bag ate the fees. covr tears the position along the perforation: one side keeps the income, the other takes the ride.
Both stubs fully paid the moment they match. The printer never lies: what's on the ticket is the whole contract.
Escrow your position for a fixed term. You get its value minus a small discount, locked, plus every swap fee it earns until expiry. The chart stops being your problem.
Pay less than it's worth today, take the whole position at expiry. A 75% crash hits you for 50. A 4x pays you 2x. Less party, much less hangover, and you got paid the difference up front.
One farmer, one scooper, one escrow. There's no pool to drain, no price feed to spoof, and no position that must be closed in time. A wild month means one adult got a better deal than the other, exactly as both signed.
Fresh graduates trade short and rich. Majors trade long and tight. The discount is set between the two of you, never by us.
COVR.FUN
not investment advice · smart contracts carry risk · read the math yourself