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Cover Protocol: a peer-to-peer coverage market

Cover Protocol: a peer-to-peer coverage market


TheBlock
2021-03-25 11:43:15

Quick TakeCover Protocol is a decentralized market that offers pseudo-insurance against DeFi exploitsCoverage seekers buy protocol-specific CLAIM tokens to get covered, whereas underwriters buy NOCLAIM tokens to earn premiums, and prices are market-drivenThey have undergone a series of controversies and the market sentiment is mixed


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