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Slate stone wall -- stacked natural stone.
SlashingCover
Protects LST holders against validator slashing events.
Pool TVL
$1.18M
Active
188
Triggered
1
Base APR
2.6%
How this cover triggers
1
Reads native stake account state and validator slashing records each epoch.
2
On a confirmed slash the resolver settles against the holder's covered LST position.
3
Designed for mSOL, jitoSOL and similar liquid staking tokens.
Trigger
Validator slashing detected at epoch boundary.
Oracle
Solana native stake account feed
Payout
Pro-rata to the slashed stake ratio.
Parameters
- Trigger
- epoch slashing record
- Assets
- mSOL / jitoSOL / bSOL
- Settlement
- auto at epoch close
- Reference
- parametric trigger model
Backtest
mSOL validator slash (2023)
A validator penalty at the epoch boundary would have settled against covered mSOL positions pro-rata to the slashed ratio.
SlashingCover auto-triggered (simulation)