The Paycer team is developing a bridge protocol that aggregates DeFi and crypto services cross-chain as well as combines them with TradFi to create new user-friendly financial products and services available on an easy-to-use platform.

Uno Re and Paycer

Uno Re is constantly expanding its partner ecosystem by joining forces with innovation-driven protocols that have goals that align with them.

This way, they hope to grow together with their partners by introducing their users to new projects and expanding their partner’s user base.

Employing a constructive approach to offer a better alternative to TradFi’s low-interest rates, Paycer aims to disrupt the low-interest rate banking sector with DeFi-based financial services that offer high-interest rates.

The Paycer platform brings TradFi’s user experience and DeFi’s yield generating advantages together by combining its protocol with traditional financial services like a bank account and a debit card.

On the other hand, Users only need to make a fiat money deposit on the Paycer platform to get started without interacting with cryptocurrencies or DeFi. Paycer promises to automatically place the deposit in selected DeFi products, providing a high and constant interest rate as a passive income.

Problem Solution

Hence, Poor UX and UI are one problem DeFi space must solve. Smart contract exploits and hacker attacks are another. This is where Uno Re steps up. In the first quarter of 2022 alone, DeFi hacks have led to a total loss of $1.2 billion. DeFi insurance is a must for any user regardless of their experience.

To further support their efforts and provide their users with a safer experience, Uno Re will list Paycer on our Cover Portal where users can ensure their assets on Paycer in a few simple steps.

“We are excited to explore the Parcel platform and introduce it to our community. Parcel users will also have the option to insure their assets via our Cover Portal. This mutually beneficial collaboration will elevate the experience of both platforms’ users.”—Jaskanwar Singh, CEO and Co-founder of Uno Re

Furthermore, Paycer will ensure investments are made on behalf of its users through Uno Re’s Cover Portal. As a result, Paycer users will automatically get insurance coverage for their newly acquired assets.

ABOUT Paycer
Paycer’s goal is to aggregate DeFi investments multi-chain. Make them available to users without the need for their own wallet or expertise. As a result, this should allow anyone to generate a passive income.

Website  | Twitter 

ABOUT Uno Re
Uno Re is the world’s first decentralized insurance and reinsurance platform. Allowing the community to invest. Trade in ‘risk’ and receive sizable returns on their investments in one of the safest asset classes in the world.

 Website | Twitter 

RESOURCES
Medium

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