RE: DeFi Insurance Is A Thing

almost 3 years ago

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I've looked at these a bit and the math just doesn't add up for actual coverage in the event of major loss. They also don't insure the base layer assets like USDT depegging.

And then there's all kinds of weirdness with how claims may or may not be approved, like in Cover's DAO model.

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@finguru 74

almost 3 years ago

Thanks for your comment Neal. I think at some point in we will have to adopt some of these protocols after weighing in all the pros and cons. Maybe a completely different one outside this list.

I will also explore these in detail and see if something is fit for Cub Finance or not.

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