An interesting article about DeFi insurance was recently published by Decrypt: https://decrypt.co/119908/defi-cover-degen-insurance. According to opencover.com, the current top DeFi insurance providers are only covering around $280 million in assets, which is less than 1% of the overall $47 billion assets in the DeFi space. This raises the question, is the low adoption of DeFi insurance due to a lack of awareness, or is it because existing providers are difficult to use? I'd love to hear from this community about their experiences with DeFi insurance. [link] [comments] |
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