Entry details

Armor

 

Category: Blockchain Apps -> dApps

Type: homesite

https://armor.fi/

Automated crypto Asset Coverage/Insurance in form of NFT (non Art;). Interesting, but trustworthy? "Armor is a DeFi coverage aggregator that makes securing your DeFi assets against hacks as easy as possible. Armor is a smart cover aggregator for DeFi which provides Pay as You Go coverage for user funds across various protocols. Protect your investments against smart contract risks across popular protocols such as Uniswap, Sushiswap, AAVE, Maker, Compound, Curve, Synthetix, Yearn, RenVM, Balancer and more. Armor insurance is underwritten by Nexus Mutual, with added features: Permissionless (No sign-up required) Pay as you go coverage across various protocols Flexible amount/ duration coverage, only pay what you owe Flexibility and minimized costs: - Real time tracking of user funds as they move across various platforms - Automatically adjustable coverage amount for exact user funds per protocol - Streamed payments bill by the second so you only pay for coverage you use for the time you use it"

 

 

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