Protection type

Protocols &
Smart Contracts

Protect your digital assets from hacks, governance attacks, or economic attacks and feel secured with VAIOT’s intelligent selection of coverage options.

Digital Asset Protection

DeFi and Smart Contract Protection

Do you keep your crypto assets in your own non-custodial wallet, and do you use service providers to trade, earn interest or for other DeFi services? What if they are attacked? VAIOT offers you the possibility to protect your cryptocurrency from a wide range of premium DeFi service providers. This will enable you to put in claims when you suffer material financial losses due to, for example, hacks, governance attacks or economic attacks. Find out today whether we also offer protection for the DeFi services that you use. Our AI assistant will help you find the best solution for you.

Get started
Covered risks

What is covered?

Smart contract protection

Material loss of crypto assets due to an unauthorized, malicious or criminal act aiming at exploiting the designated smart contracts’ code vulnerabilities.

Economic attacks, including Oracle failure

Failure of economic design, resulting in the unintended confiscation or seizure of funds deposited into the designated protocol for the sole purpose of collateral, liquidity provision, or staking or severe oracle failure.

Governance attacks

In case the designated protocol is controlled by holders of a governance token that is programmatically linked to an on-chain governance system.

Disclaimer: Coverage conditions depend on the chosen contract and protection provider.

How it works

The Steps to Secure
Your Assets

1

Get started

Open the VAIOT Application. The Broker will be there through every step of the process.

2

Choose protection type

Select the DeFi or Smart Contract service you use for your digital assets.

3

Select a base currency

Specify the base currency for your protection (ETH, DAI, USDC or USDT).

4

Choose coverage

Decide the amount and protection period of your choice.

5

Discover the best solution

VAIOT’s Broker will show you all the relevant product options and help you select your preference.

6

Get your protection

Connect your wallet and get your protection.

1

Get started

Open the VAIOT Application. The Broker will be there through every step of the process.

2

Choose protection type

Select the DeFi or Smart Contract service you use for your digital assets.

3

Select a base currency

Specify the base currency for your protection (ETH, DAI, USDC or USDT).

4

Choose coverage

Decide the amount and protection period of your choice.

5

Discover the best solution

VAIOT’s Broker will show you all the relevant product options and help you select your preference.

6

Get your protection

Connect your wallet and get your protection.

  • Uniswap V3
  • dYdX
  • Compound V2
  • Legacy Gnosis MultiSig
Coverage calculations

Do you trade via Uniswap V3?

Example: protect your trades at Uniswap for 1 month up to the equivalent of 2000 USDT

Get started

Cover

2000 USDT 30 days

Premium

4.105 USDT
(2.5% per year)

Offered by

InsurAce

Disclaimer: Coverage and prices of premiums at the point of purchase may vary. VAIOT is not responsible for any adjustments. Please visit the website of the provider for more information. Get started
Coverage calculations

Do you trade via dYdX?

Example: protect your trades at dYdX for the equivalent of 25 DAI for a 90-day period.

Get started

Cover

25 DAI 90 days

Premium

0.1601 DAI
(2.6% per year)

Offered by

Nexus Mutual

Disclaimer: Coverage and prices of premiums at the point of purchase may vary. VAIOT is not responsible for any adjustments. Please visit the website of the provider for more information. Get started
Coverage calculations

Do you lend or
borrow at
Compound V2?

Example: protect your Crypto assets at Compound for the equivalent of 1 ETH for a whole year.

Get started

Cover

1 ETH 365 days

Premium

0.025 ETH
(2.5% per year)

Offered by

InsurAce

Disclaimer: Coverage and prices of premiums at the point of purchase may vary. VAIOT is not responsible for any adjustments. Please visit the website of the provider for more information. Get started
Coverage calculations

Do you use the
“Old” Multisig wallet
by Gnosis?

Example: protect your Crypto assets for the equivalent of 10 ETH for a 120-day period.

Get started

Cover

10 ETH 120 days

Premium

0.2416ETH
(7.35% per year)

Offered by

Nexus Mutual

Disclaimer: Coverage and prices of premiums at the point of purchase may vary. VAIOT is not responsible for any adjustments. Please visit the website of the provider for more information. Get started
WE ARE SUPPORTED BY

Partners & Network

benefits

Why Secure Your
Digital Assets

Digital asset protection

With VAIOT’s AI Broker Platform, your crypto assets are protected from scams, rug pulls and other malicious behavior within the community and of centralized providers.

Selected partners

VAIOT’s Broker only works with selected third-party partners that are secure, audited and offer decentralized services.

AI Assistant at your fingertips

VAIOT’s AI Assistant doesn’t need any sleep and is available for you 24/7. It also offers unbiased options and can’t be influenced or bought.

FAQ

Protocols & Smart Contracts

Protocols & Smart Contracts

Our partners have built a community-based crypto asset insurance ecosystem. On one hand they offer staking options for community members that believe certain exchanges, wallets, protocols or smart contracts are safe. With these locked value assets risk-pools are created. Based on these pools crypto covers are sold. The more assets have been staked, the more coverage is available. When there are claims the communities will decide whether they claim is justified & will be paid out.

What is a base currency?

The Base Currency is the currency in which you determine the total covered amount and in which you pay your premium. Suppose for example that you have a portfolio of different crypto currencies that is worth the equivalent of about 5 ETH. In that case you can select ETH as your Base Currency and get a cover for 5 ETH for the period you have in mind. Any possible future claims will also be paid out in the Base Currency.

What are DeFi services?

DeFi stands for Decentralized Finance and represents a wide variety of financial services that operate entirely on blockchain networks. These services enable people for example to stake or swap their crypto assets.

Why should I get coverage for DeFi services?

Using DeFi services doesn't come without risks. Due to their digital nature, these services are vulnerable to glitches, human error, or hacking. The only way to protect your crypto assets against such risks is to buy crypto coverage.

What are non-custodial wallets?

With a non-custodial wallet, you have sole control of your private keys, which in turn control your cryptocurrency and prove the funds are yours.

How did VAIOT select their partners?

VAIOT selects partners that have a solid community and solid funding (total value locked). We also make sure our partners have been audited by trustworthy 3rd parties.
PROTECTION types

More protection for
your crypto assets

PROTECTION types

More protection for
your crypto assets

Centralized Exchanges & Wallets

Protect yourself from malicious actions and third parties on centralized wallets and exchanges.

Learn more