Introducing Unslashed Cover Mining: earn yield while protecting your assets!
Want to protect your assets from potential threats with ease?
Want to earn yield while doing so?
If so, then you’ve come to the right place.
We are excited to announce our Cover Mining program
Cover mining rewards users for putting their trust in us and choosing Unslashed Finance to protect their assets.
When you purchase coverage through Unslashed Finance, not only will you insure your assets, but you will also earn $USF tokens (Unslashed Finance’s governance token).
How does cover mining work?
A total of 100,000 $USF tokens will be distributed to Cover Miners through epochs 1, 2, and 3.
The approximate end date is February 28th, 2021 (block number to be announced).
Cover Mining rewards are calculated:
- on a prorata temporis basis,
- linearly,
- and based on the amount of premiums paid
=> Start mining now by just buying coverage: https://app.unslashed.finance/cover
Buying coverage and mining rewards is quite easy.
Let’s see how it works.
Purchasing Coverage in less than 1 minute
In order to receive $USF rewards, you will need to purchase coverage. Fortunately, we have made purchasing cover very easy.
All you need to do is visit Unslashed Finance and choose from one or more available policies.
From there, you can choose exactly how much ETH you would like to insure under each specific policy.
By adding coverage, you will now be protected from any risks outlined in the policy and will begin earning $USF as an added bonus.
Policies for everyone!
Available policies can be found here.
We are constantly adding new policies, so be sure to check back often.
Every policy covers specific, individual risks depending on the protection it offers, whether it be risks related to exchanges, smart contract exploits, validator slashing, etc. To understand specifically what is covered in each policy you can click on “Read Document”.
We tried our best to make our policies clear and easy to read, no fineprints, no complex legal jargon — simple and accessible terms for a modernized and digitized insurance policy.
Flexibility: Adjust Coverage in 2 clicks
Want to reduce or terminate your coverage?
Unslashed Finance makes this easy and convenient by allowing users to reduce coverage instantly.
You are never engaged and can leave whenever you want, without any additional cost!
Providing this level of freedom was important to us, as users tend to move funds from one smart contract to another and from one app to the next. We didn’t want them to feel imprisoned and/or hold a bag of coverage tokens they are not actively using.
Should you wish to reduce your coverage, you can choose “Reduce Cover”, and choose if you want to reduce either a portion or all of your coverage.
It’s as easy as two simple clicks.
Premiums: Pay As You go
Premiums are “streamed” in real-time from Cover Buyers and distributed to Capital Suppliers.
You only pay for what you use, when you use it.
You can start and end your policies whenever you like. When you stop a cover, all the non-consumed premiums are sent back to your wallet. Easy.
TL; DR
Unslashed Finance gives you the flexibility to pay as you go, offers a variety of coverage options, and above all, peace of mind.
With the introduction of Cover Mining, users can now enjoy this peace of mind while also earning $USF tokens.
Our mission is to empower the growth of the crypto economy by protecting its participants from risks.
At the end of the day, our number one priority is keeping you safe. The Cover Mining program is one step on the path toward this goal. We appreciate and support our early community members.
Stay tuned, as there is plenty more to come.
In the meantime, you can read our manifesto:
LEARN MORE ABOUT UNSLASHED FINANCE
We are Unslashed and we’ve got your back!
Website: https://unslashed.finance
Team: https://unslashed.finance
Capital Mining: https://link.medium.com/buZvUyy9Vcb
Twitter : @UNSLASHEDF
Telegram: @UnslashedFinance
Discord: https://discord.gg/jQFxqTpbYC
Contact : @marouaneh
