Decentralized Insurance Platform Unslashed Launches Offering Wide-ranging Policies Covering over 1$ Billion in Crypto Assets
Decentralized insurance protocol, Unslashed, officially launches after already selling more than
By the end of
Unslashed fills this need with the launch of a host of new policy options for individual and institutional accounts on popular centralized exchanges, such as
Unslashed Founder,
Unslashed allows two distinct types of customers to utilize the protocol: capital providers and policy holders. Insurance capital is provided by investors willing to underwrite various risks and build a diversified portfolio to earn a non-correlated yield, while policies may be requested by any individual in need of coverage. Capital providers can also be policyholders and vice versa. Unslashed diversifies the capital providers' risk across as many verticals as possible. This level of diversification allows capital suppliers to be widely hedged, ensuring they are rewarded with consistent premiums. Unslashed protects against various blockchain risks while remaining truly decentralized with its unbiased claim review process, dispersion of governance tokens, and the most comprehensive, community-driven set of policy offerings available anywhere. With this launch, Unslashed also introduces a capital-efficient model for Insurance Protocols by natively integrating an asset management layer. Backed by 32,000 ETH (
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About Unslashed
Unslashed is a decentralized insurance protocol covering all common risks for crypto assets. Unslashed enables almost instant liquidity to insurance buyers and risk underwriters, ensures constant collateralization, and guarantees transparency through an unbiased claims process. By tokenizing coverage and using "money streaming," it allows maximum flexibility and freedom: the insured pay as they go and can instantly stop the policy to offload it at any time. Unslashed has already sold more than
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