Uno Re Introduces Uno Re Cohort I

Published on: 11.08.2021

The preliminary phase for Investors consists of several cohorts, with each cohort strategically designed to ensure maximum investor capital utilisation and the highest APRs.

These cohorts (or risk pools) will make investment within ‘Risk’ accessible to individuals with investment capital as little as USD500 — something that was previously impossible due to the monopoly of well-backed conglomerates and high capital requirements.

What are Cohorts?

Uno Re’s first phase is strategically divided into cohorts, with each cohort housing multiple pools. The objective of these multi-strata pools is to spread risk — each pool comprises of different types of covers and uncorrelated asset classes.

Now what are uncorrelated asset classes, you ask? — asset correlation is a measure of how investments move relative to one another — thus, in the case of uncorrelated asset classes, the relationship between various protocols in a single pool is diversified; this spreads the overall risk associated with it.

This level of diversification allows capital suppliers to be hedged and ensures that our investors are amply rewarded with premiums for being the warriors of change that the crypto space needs.

UNO RE’S COHORT I

Early on in our strategizing, we realised that Insurance and Reinsurance aren’t the hottest topics in town — even with the added excitement of De-Fi, such complex subject matter is tricky to transform into a product that would not only appeal to the community, but also incite users enough to come onto the platform and learn more about the solid foundations of what we’re trying to achieve as a project.

To make sure that our very first product on the market — the Uno Re Risk Investment DApp — appeals to the young, new-age crypto user, we’ve gamified the consumer journey of investing into our risk pools.

About Uno Re

Uno Re will be the world’s first decentralized insurance and reinsurance platform powered by Polkadot, allowing the community to invest and trade in ‘risk’ and receive sizable returns on their investments in one of the safest asset classes in the world. The platform will break barriers to entry for the retail investor by doing away with the historic pre-requisite of absurdly high capital generally needed to invest into the market while also introducing much-needed transparency into the industry as a whole. Uno Re will also allow the community to propose innovative insurance products to the space, thus propelling a new generation of Insurtech companies powered by the Uno Re ecosystem.

➡️Source:
https://medium.com/uno-re/introducing-uno-re-cohort-i-4e2b762c43d

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