ARMOR.FI

ARMOR.FI, Smart DeFi Asset Coverage. Protect your DeFi assets without micro-managing coverage. Armor is the first dynamic asset protection brokerage for DeFi, built on Nexus. Nexus currently insures about $222m or under 2% of over $11 billion total value locked in DeFi so far. While a much needed addition to the digital asset ecosystem, Nexus is optimized for investments where the value and duration of asset deployments are known in advance. There is a gap in the market for dynamic coverage across a wide range of protocols with an adjustable coverage value and expiration curve. Armor can help Nexus expand to cover the entirety of value locked and ensure it tracks along with the exponential growth rates long term. Underwritten by Nexus, Armor evolves digital asset insurance from static chunks of coverage toward dynamic risk management customized to client demands and circumstances. Instead of sticking to a fixed amount, a set timeframe, and expiration date, all of these inputs can be dynamically recommended and modified at any time. Armor as a machine-assisted broker provides value added services at a premium and generates revenue from the delta between base coverage cost and user billings.