Uno Re Partnership with Defi For You

Published on: 20.01.2022

Uno Re will soon be providing insurance covers to DeFi For You against any potential smart contract vulnerabilities of their NFTs when users are buying — which involves transferring NFTs from one wallet to another, minting, and/or auctioning them.

In the future, they are also looking to cover DeFi For You’s staking pools against smart contract vulnerabilities and other risks associated with staking crypto, so that stakers can enjoy earning interest without having any security concerns.

Additionally, UNO will be listed on DeFi For You’s platform and users will be able to use UNO as collateral.

Uno Re

Uno Re is the world’s first decentralized insurance and reinsurance platform, 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.

DeFi For You

DeFi For You is a decentralized peer-to-peer lending platform built on the Binance Smart Chain. Enabling users to leverage their cryptocurrency as collateral for loans, the platform provides lenders and borrowers with flexible and accessible financing solutions regardless of their reputation or credit score.