Insure

Insure is a fully-collateralized permission-less insurance protocol enabling users to hedge themselves against crypto market volatility. Users can participate as insurance buyers or underwriters. Insurance buyers pay a premium to the pool to get insured by a potential event of drastic devaluation of a crypto asset. At the same time, underwriters are able to earn the premium by locking liquidity. When an insured crypto-asset loses its value due to an attack or a highly volatile market, policy payouts are processed automatically.