Article Summary, Automatically Generated By AI
Summary of Degis
- Goal: Build a universal crypto protection platform and decentralized protection ecosystem.
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Features:
- Wider cover areas
- Capital liquidity aggregation
- Instant payouts
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Protection areas:
- Token price volatilities
- Impermanent loss
- Wallet risks
- Smart-contract insurance
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Characteristics:
- Protect
- Earn
- Play
About Degis: Empowering the Future of Digital Assets
“Degis is the pioneering all-in-one protection protocol built on Avalanche, striving to establish a universal crypto protection platform and foster a decentralized protection ecosystem. By leveraging blockchain infrastructures, Degis can streamline cumbersome purchasing processes and simplify complex claims in traditional markets, thereby optimizing performance through the implementation of smart contracts.”
To address the prevailing issues, Degis is concentrated on expanding coverage areas, aggregating capital liquidity, and facilitating instantaneous payouts, thereby pioneering a novel paradigm for crypto insurance.
On Degis, users can safeguard themselves against the whims of token price fluctuations, impermanent loss, wallet risks, and even smart-contract insurance. In essence, Degis is poised to bridge the gap in the current DeFi insurance landscape. To provide a seamless experience for every user, we have designed Degis with three core pillars: protection, earnings, and entertainment. Every contributor, regardless of whether they are purchasing or selling insurance, will be incentivized with Degis tokens.