Insurance Protection For Kyber Network Users

Global Crypto News
Published on: 25.04.2021

A protection for users of decentralized finance is essential to minimize loss of funds from smart contracts hacks.

Announced in a blog post, Kyber Network collaborates with Unslashed Finance to cover $20 Million of user funds in the event of smart contracts malfunction. 

The first insured pools will be in the soon-to-be launched Dynamic Market Maker (DMM) protocol. 

Kyber Network is setting a high level of trust and protection for its users with this new insurance program.

#SmartCrypto

 

 

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