Through this partnership, users will be able to purchase insurance and have their assets in Tetu protected. Purchasing insurance can provide peace of mind for yield farming by bringing more security to large positions.
The Tetu cover on InsurAce will include protection against smart contract exploits, the annual premium will be 2.9% and the initial insurance capacity is $2M.
InsurAce.io is a leading decentralized multi-chain insurance protocol that provides reliable, robust and secure insurance services to DeFi users, allowing them to protect their investment funds against various risks.
Tetu is a Web3 asset management protocol committed to create and provide innovative yield management solution for its users and DeFi investors. The Tetu core team has deep industry knowledge building back-end international banking systems and development with leading global payment processing infrastructure.