Kraken's Protected Strategies $USDC vault isn't "free insurance" — the protection cost is already baked into your APY.

Sentora integrates Firelight coverage, but the fees are deducted from vault yields before you see them. The displayed APY is net of protection costs.

Key limits:
• $100k coverage cap per address per coverage period
• Actual payouts depend on total pool limits, available funds, and event classification
• Price swings and APY changes are NOT covered

Before aping in: Check where fees are deducted, what losses qualify for claims, and whether this "protection" actually covers YOUR risk exposure.