Over $120 Million Lost By DeFi Investors in 2020

The Intelligent Insurer #10 — How DeFi investors can cover themselves against unnecessary risks

Risk Exposure Explodes with Expanding DeFi Market

The figure below shows the astronomical rise of DeFi TVL in 2021. With a multitude of solutions springing up in the ecosystem, further growth in TVL throughout 2021 is widely anticipated.

Insurance for DeFi Investors

Insurance protocols like Nexus Mutual, CDx, and Etherisc are gaining popularity because of the problem they address in this emerging ecosystem. As an investor, being assured of the safety of your investment is extremely valuable, especially in a highly uncertain ecosystem like DeFi. Nexus Mutual uses a risk-sharing pool that is governed by its members whose rights are represented by the NXM token. Etherisc is building a platform for decentralized insurance applications, while CDx is a platform for tokenized tradable insurance swaps.

About Insured Finance

Insured Finance is a decentralized, peer-to-peer insurance marketplace. Built on the Polkadot blockchain, Insured Finance users can request customized insurance on a wide variety of digital assets. Those that fulfill requests earn premiums and can earn a competitive return on their capital. Claims are fully collateralized and settled instantly.

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A decentralized P2P insurance marketplace with easy claims and instant payouts. Powered by Polkadot.

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Insured Finance

A decentralized P2P insurance marketplace with easy claims and instant payouts. Powered by Polkadot.