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Popular DeFi Apps Cover Pools, Neptune Mutual Marketplace
Projects included in the pool’s portfolio include 1Inch, Sushiswap, Compound, Uniswap V3, Convex Finance, GMX, dYdX, AAVE V3, and Bancor.
WINCHESTER, HAMPSHIRE, UK, January 23, 2023 /EINPresswire.com/ — Neptune Mutual is pleased to announce the launch of a diverse pool of covers called ‘Popular DeFi Apps’, which are now live on Neptune Mutual’s Cover Marketplace. A related press release has been released. .
The combination of projects in the popular DeFi app portfolio has a TVL of over US$8.6 billion at the time of writing. This is due to the extent to which digital assets remain uninsured compared to his TVL of US$316 million across DeFi insurance categories, and the extent to which his DeFi insurance policy allows users to better protect their investments. It highlights the extent to which insurance needs to be extended.
The popular DeFi app pool represents an investment opportunity for stablecoin investors. Neptune Mutual publishes regular blog posts to keep the community informed and discuss opportunities to fund cover pools. doing. To date, the liquidity provider (LP) has contributed over US$300,000 in capital to the Neptune Mutual marketplace cover pool, which he expects to grow significantly during 2023. His TVL progress on Neptune Mutual is Defilama.
Similar to Prime dApps’ diverse cover pool, not all projects in the pool are expected to experience incidents at the same time, so cover creators use moderate levels of leverage to improve capital efficiency and increase LP returns. improved. The leverage of the diversified pool is shown on the Popular DeFi Apps card (the Prime dApps card shows D6, which means “diversified” and “up to 6x leverage”).
Over the next few weeks, Neptune Mutual will share more information about each cover product within its Popular DeFi Apps portfolio. These are all well-recognized projects with high volumes of TVL and/or transactions on a daily basis and are well known to the DeFi community.
Neptune Mutual encourages users to take this opportunity to purchase a cover during promotional periods when premium rates are attractive compared to other platforms.
Neptune Mutual can answer questions directly from the 1Inch, Sushiswap, Compound, Uniswap V3, Convex Finance, GMX, dYdX, AAVE V3, and Bancor communities. Users are encouraged to contact the community managers of these projects to invite Neptune. Mutually do his AMAs on my channel.
About Neptune Mutual
Neptune Mutual has published an annual report on activities and progress for 2022. The About Us section of the new website has a roadmap of milestones planned for 2023.
The Neptune Mutual Project protects the Ethereum community from cyberthreats. This protocol uses parametric coverage rather than discretionary insurance. We have an easy and reliable on-chain billing process. This means that when an incident is confirmed by the community, resolution is quick.
Edward Lyall
Chaincommit Co., Ltd.
+447444456310 ext
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