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Description
Insured Finance operates as a decentralized P2P insurance marketplace that facilitates easy claims and swift payouts, built on the robust Polygon network. This platform allows participants to seamlessly request or offer coverage for an extensive range of cryptocurrency assets. With fully collateralized claims, users can expect immediate compensation, thereby safeguarding against vulnerabilities such as bugs and smart contract exploits. Given that tens of millions in USD have been lost to smart contract attacks, Insured Finance serves as a protective measure against these risks. Additionally, users can insure their cryptocurrency holdings on exchanges, mitigating the financial impact of hacks or bankruptcy events that have led to hundreds of millions in losses. The stablecoin sector has expanded to over $25 billion, but it remains susceptible to various hazards, including security breaches and issuer insolvency. Insured Finance enables users to shield themselves against potential stablecoin failures, ensuring their investments are better protected in an unpredictable market. With this innovative approach to insurance, participants can engage with cryptocurrency markets more confidently.
Description
Obyte operates as a distributed ledger utilizing a directed acyclic graph (DAG) structure. In contrast to centralized ledgers and traditional blockchains, the Obyte ledger promotes decentralization, eliminating intermediaries while ensuring that access remains free, equitable, and open to all users. Through the Bonded Stablecoins platform, one can issue stablecoins that are tied to USD or BTC, or even create new stablecoins linked to various other assets or indices. Additionally, Stable+ coins are designed to increase in value over time, allowing holders to earn interest—potentially up to 16% per annum in USD. Governance tokens are also available, which appreciate in value corresponding to the issuance of more Stable+ coins. To trade tokens that have been issued on the Obyte network, users can utilize the ODEX decentralized exchange or the Oswap automated market maker; ODEX features off-chain order matching, achieving speeds comparable to traditional centralized exchanges, while Oswap enables liquidity provision, allowing users to earn fees with each trade. A unique feature of Obyte is its capability for conditional payments, allowing users to set specific criteria that must be met before the payee receives their funds, thus providing greater flexibility in financial transactions. This innovative approach redefines the potential of digital currencies, making them adaptable to various use cases.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Insured
Founded
2020
Website
insured.finance/
Vendor Details
Company Name
Obyte
Website
obyte.org