Unslashed Finance
Primer: Unslashed Finance is a decentralized insurance protocol that seeks to cover all the common risks for crypto assets. They provide a lot more coverage than the usual crypto insurance, and over a lot more markets and protocols too. This post features how Unslashed Finance works, especially on their Capital Pools and Capital Buckets structure, presented in the form of an infographic.
Infographic: Insured vs Insurer
This infographic shows the relationship between the insured (buyers of covers) and the insurers (suppliers of capital). There are two ways to supply capital to be an insurer - Capital Pools method or the Capital Bucket method. Both have their advantages and disadvantages and are laid out below:
Infographic: 9 core pillars
Insurance is a promise to transfer the risk of the insured over to the insurers in exchange for a premium. But how do we know if the insurers will pay after taking the premium? There are 9 core pillars of Unslashed Finance that will help to build a strong foundation upon which all else rest on.
Let’s take a look below:
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