InsureDAO comes to Arbitrum
Today, we are thrilled to announce that InsureDAO will be landed on Arbitrum. Here’s what this release is all about:
- List 10 smart contract covers for major Arbitrum protocols
- Underwriting mining and Investment function is open to Anyone
List 10 smart contract covers for Arbitrum major protocols
We listed 10 covers for leading Arbitrum protocols: GMX, Radiant, Dopex, Vesta, Mycelium, Plutus, MUX, JonesDAO, Abracadabra, Hop, and Mycelium.
Try to buy protocol covers
https://app.insuredao.fi/arbitrum
How to buy Cover
https://insuredao.gitbook.io/insuredao/guides/using-insuredao/get-insured
Underwriting mining and Investment function is open to Anyone
On Arbitrum, we adopted InsureDAO v2 vaults as well as Optimism. Users can earn stablecoin yields consisting of both cover premiums and additional returns with our investment function by depositing USDC and underwriting smart contract cover. We will start with Aave protocol v3 as the same as Optimism.
Start depositing here
https://app.insuredao.fi/arbitrum/pools
How to underwrite Cover
https://insuredao.gitbook.io/insuredao/guides/using-insuredao/earn-insurance-premium
In addition to single pools to underwrite certain protocols’ hacking risk, we’ve prepared 2 pools of the index. Users can earn leveraged yields based on their risk appetite and diversify their risks across multiple protocols by depositing USDC into index pools.
Arbitrum Index pools
https://insuredao.gitbook.io/insuredao/protocol-module/insurance-pools/indexes/arbitrum-core-indexes
How does the index pool work
https://insuredao.gitbook.io/insuredao/protocol-module/insurance-pools/indexes
If you have questions about payout rules, cover types, or protocols, please join our discord and post them there.
Twitter: https://twitter.com/insuredao
Discord: https://discord.gg/B2dX9kdWnQ