TribeOne Has Partners With PolkaCover
This collaboration is to build a secure decentralized economy where users may acquire loans using NFTs and crypto-assets as collateral while maintaining the highest level of security. Users will benefit from exclusive add-on products as a result of this partnership, which will protect them from a variety of threats.
PolkaCover will provide: Hack Covers, Gap Cover, and Credit Shield DeFi insurance covers.
PolkaCover will also offer Smart Contract Cover to the users who have their smart contract insured by them based on the premiums they pay. During the occurrence of any catastrophic loss, PolkaCover bears a portion of the loss (a fixed claim according to the underlying agreement) suffered by the smart contract defect or hacking.
About PolkaCover
PolkaCover is the First DeFi insurance marketplace for the global crypto ecosystem. Our aim is to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products for the crypto world. Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies. The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.
About TribeOne
TribeOne is the world’s first AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology. TribeOne is extensively an NFT, lending, borrowing, saving, and credit risk platform that offers a seamless experience; to the users through its innovative consumer-centric products. The platform will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere as a whole. Providing the community with a platform to lend, borrow and invest in crypto assets and NFTs. Therefore, offering an unconventional experience for all.
➡️Source:
https://tribeone.medium.com/tribeone-announces-its-strategic-alliance-with-polkacover-9920afb39f4f
