Description
InsureDAO is a decentralized insurance platform designed to cover smart-contract vulnerability risks, with its protocol governed by $INSURE token stakers. The platform manages the entire insurance lifecycle, from creation and sales to surplus fund management, enabling DeFi protocols to offer comprehensive insurance services to their users. For buyers, InsureDAO provides a user-friendly interface to purchase a variety of insurance policies, which use dynamic pricing to ensure availability. For underwriters, it offers opportunities to provide liquidity, leverage funds, and adjust risk, while earning premiums, $INSURE tokens, and investment profits from locked funds. Protocols can easily integrate InsureDAO's services to enhance security and user confidence without incurring management costs.