Decentralized Insurance For DeFi Protocols Running On Elrond N | ElrondNetwork - Announcements

Decentralized Insurance For DeFi Protocols Running On Elrond Network Via Tidal Finance

We are excited to collaborate with Tidal Finance, a decentralized discretionary mutual cover protocol that offers the DeFi community the ability to get insurance against failures in the various protocols.

“Hedging against risk is a key pillar of traditional finance. Transporting it to DeFi is critical for enabling large actors to take considerate positions in decentralized protocols, according to their profiles. Solutions such as Tidal Finance are essential for large-scale adoption.” said Beniamin Mincu, Elrond CEO.

#hypergrowth100 Day 77

https://elrond.com/blog/elrond-defi-protocols-insurance-tidal-finance