Protect and Earn with Degis

Published on: 10.05.2022

Degis, Protect and earn users can easily protect themselves from market high volatility and smart contract risks by purchasing protection products on Degis.

To Protect

Degis will offer exhaustive protection to users and traders, offer a decentralized protection market and ultimately bring scalable risk management to the crypto world.

Protect to Earn

As the next generation protection protocol, Protect to Earn is one of the most important concept of the platform. Degis is also the first protection protocol that features protect to earn mechanism.

Under the protect to earn mechanism, protection buyers will be able to earn profits from the buyer incentives and income sharing function.

Once you purchase protection in Degis Protocol, your crypto asset will be finely protected. At the same time, you will be able to earn rewards in out platform under degis unique Protect to Earn mechanism!

Every time a buyer purchases protection on our platform, some amount of the Degis Buyer Token(DBT) will be automatically airdropped to the buyer’s wallet. The DBT will be able to stake into the buyer incentives for $DEG rewards.

Income sharing

Once buyers harvest $DEG, they can staked the token to get veDEG. veDEG is one of the most important token in Degis ecosysterm which can boost the LP mining yield as well as share the platform income. veDEG can be staked into the income shairng pool and share the platform income.

About Degis

The next generation DeFi insurance protocol bridging the physical and digital world, built on Avalanche, peer-to-peer discretionary mutual protection pools.