Ease Insurance Protocol Overview
- What is Ease Insurance Protocol?
Ease Insurance Protocol is a peer-to-peer insurance protocol that shares hack losses throughout the ecosystem without premiums, leverage, or maintenance. It introduces the concept of "Uninsurance," where assets deposited by users are utilized to provide coverage, effectively eliminating the need for traditional insurance underwriters and premiums. Users can deposit tokens into Uninsurance vaults which not only protect their tokens but also generate yield.
- Main Features
- Uses the assets themselves as coverageNo premiums requiredVaults for yield and coverageGoverned by a DAOAdding more vaults and support for additional protocols
- Blockchains
- Ethereum
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