We built a multisig security app and got acquired.
A Gnosis Safe security app built with Nexus Mutual, later acquired by OpenCover.
LFG Labs · April 2025
Lucid was a multisig security mobile app for Gnosis Safe signers, built in partnership with Nexus Mutual, the leading DeFi insurance protocol.
The app enabled users to visualize and simulate their Safe transactions before signing, and provided a way to approve multi-sig transactions from a secure mobile device, adding a critical layer of security to the signing process.
Lucid was acquired by OpenCover, the insuring company working with Nexus Mutual.
Facts about Lucid
- Partnership: Nexus Mutual (DeFi insurance)
- Outcome: Acquired by OpenCover
- Purpose: Secure transaction visualization and mobile signing for Gnosis Safe
Key Features
- Transaction Simulation: Visualize exactly what a Safe transaction will do before signing
- Secure Mobile Signing: Approve multi-sig transactions from your phone as a secure device
- Safe Integration: Native support for Gnosis Safe multi-sig wallets
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