Insurance means InsureDAO

Artem
2 min readAug 12, 2021

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InsureDAO team

In the photo, ordinary young guys, they are the founders of a promising project — the InsureDAO insurance protocol.
It’s no secret that interest in cryptocurrency and blockchain has grown dramatically lately. The sector is developing rapidly, and centralized finance is being replaced by decentralized ones — DeFi. DeFi protocols offer an attractive APY to their users, which is why people started investing in DeFi. But there is a significant risk of losing funds when using DeFi. Every day, hackers are putting more and more projects at risk. Every value needs insurance, therefore there is a need for such tools. The InsureDAO protocol offers us this.

Firstly, the project does not require identity verification — if you want to be anonymous, please.
Secondly, pricing is flexible and dynamic, the lower the demand, the lower the price.
And the most interesting thing is that you can buy a discount on services for their token. Sounds very attractive, doesn’t it?
All losses incurred by the user of the DeFi protocol during hacking will be fully reimbursed by InsureDAO.

And this is how the list of project bakers looks like:

InsureDAO Bakers

Already now you can join and participate in the testnet of the project https://rinkeby.insuredao.fi/ — from myself I will say that the platform has a very user-friendly interface, works quickly and intuitively.
Join, friends, and follow the news! Good luck to everyone!

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