InsureACE only has smart contract coverage but why... @yearnfinance

InsureACE offers smart contract coverage, but it is important to note that there is always some risk associated with using smart contracts. To mitigate this risk, InsureACE has implemented a comprehensive risk management process. This includes strategies such as diversification, hedging and portfolio rebalancing, which aim to minimize losses and maximize returns. Although it is possible that some of these strategies could cause a small dip in the vault share price, it is highly unlikely and any losses would be quickly made up by other strategies. Ultimately, InsureACE's vault strategies are designed to provide users with the best risk-adjusted yield in the DeFi space.

also keep in mind there is always risk when using smart contracts, this article goes into some of our risk management process

I didnt say coins go down, I mean its possible some vault strategies can realize a loss which might dip the vault share price for a bit, but it would be quickly made up by another strategies. I actually don't think any of these strategies are currently being used at this time. Overall the vaults are designed so you can sit back and enjoy the best risk-adjusted yield in defi.