Tidal Overview
- What is Tidal?
Tidal is a decentralized insurance protocol that uses peer-to-pool lending to provide the best rates for cover buyers and reserve providers. It offers protection for possible failure of a protocol or asset and attracts both reserve providers and buyers. Users can create tailor-made insurance pools for one or more protocols, enhancing flexibility and specificity in coverage options.
- Main Features
- Create tailor-made insurance poolsMaximize capital usage and return to stakeholdersClaims and payouts are managed in a decentralized mannerBroad range of protection policiesFlexible Parameters
- Blockchains
- Polygon
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Frequently asked questions
To launch multiple policies to cover your portfolio and protect your liquidity from smart contract hacks, you can utilize the customizable marketplace for risk hedging contracts provided. This platform empowers security professionals, project teams, and liquidity funds to create their own insurance pools and policies with flexible durations, premiums, and payout conditions. By creating multiple policies, you can diversify your coverage and mitigate the risk of smart contract hacks. Additionally, the leverage design of the platform drives multiple policies' premiums and incentives into one collateral pool, producing high yields for liquidity providers.
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