What is COVER Protocol (COVER) | What is COVER token

What is COVER Protocol (COVER) | What is COVER token

COVER Protocol provides peer to peer coverage with fungible tokens. It lets the market set coverage prices as opposed to a bonding curve. COVER Protocol allows DeFi users to be protected against smart contract risk. It stabilizes the turbulent DeFi space by instilling confidence and trust between protocols and their users. By bridging the gap between decentralized finance and traditional finance, COVER Protocol will open the doors of DeFi to all investors. The long term vision for COVER Protocol is to allow anyone to buy coverage on anything. What is COVER Protocol (COVER) - COVER Token?

COVER Protocol provides peer to peer coverage with fungible tokens. It lets the market set coverage prices as opposed to a bonding curve.

COVER Protocol allows DeFi users to be protected against smart contract risk. It stabilizes the turbulent DeFi space by instilling confidence and trust between protocols and their users. By bridging the gap between decentralized finance and traditional finance, COVER Protocol will open the doors of DeFi to all investors.

The long term vision for COVER Protocol is to allow anyone to buy coverage on anything.

COVER PROTOCOL

What is COVER Protocol and what makes it unique?

MARKET EFFICIENT

When there is a demand for coverage, COVER protocol incentivizes market makers to fill the need of the demand. At the same time, it lets the market set the premium of the coverage.

SCALABLE

COVER Protocol separates itself from other coverage protocols due to independent coverage ceilings as opposed to pooled staking.

FUNGIBLE COVERAGE

Obtain ERC-20 coverage for the time period you need. Trade your coverage on Balancer and Uniswap at anytime.

DECENTRALIZED

COVER Protocol's smart contracts will be audited, deployed, and verified on the Ethereum blockchain, making coverage entirely censorship resistant and open.

LIMITLESS

COVER Protocol will allow you to buy cover on anything, beyond just smart contracts and crypto. Those looking to purchase coverage are able to, as long as there are people willing to provide coverage.

NO KYC REQUIRED

COVER Protocol allows you to buy coverage without needing to give up your identity.

COVER TOKEN

What is COVER Token and what is it used for?

COMPLETELY VALUELESS

COVER tokens are valueless and serve as governance tokens for COVER protocol

SHIELD MINING

Earn COVER tokens through using the COVER Protocol

GOVERNANCE

Vote on community-submitted proposals that will shape the future of the protocol

CLAIMS MANAGEMENT

Play a vital role in the claims management process by validating/invalidating claims

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