Why Decentralized Crypto Platforms Are Weathering the Crash
DeFi insurance platforms may offer coverage for a wide range of risks or focus on specific assets or risks. They can help users protect their assets against losses due to various risks, such as theft, fraud, or market volatility. On the one hand, developers are using smart contracts and the decentralized settlement layer to create trustless versions https://www.xcritical.com/ of traditional financial instruments. On the other hand, they are creating entirely new financial instruments that could not be realized without the …