Blockchain-based insurance policy.
Zero-Trust methodology and over $100M coverage
Decentralized insurance
complete protection of DeFi deposits, hedge risk and theft attack on crypto wallet.
Flexible coverage
You can buy coverage against a specific event with multiple factors.
Anybody can be provider.
Coverage providers act as ‘underwrite’ they suffer the risk and earn interest.
How does crypto insurance work?
PalWallet insurance is 100% decentralized, Instead of buying coverage from a single person or company, you buy coverage from a decentralized pool of coverage providers.
How are claims verified?
Decentralized Autonomous Organization structure holders of the token associated with the insurance protocol gives governance rights. Meaning holder can participate in voting to accept or deny claims.
Why do you need insurance?
Individual or a company with capital store crypto on a DeFi platform or wallet. As you’re aware of the fact that you might lose your capital if this platform or protocol gets hacked, you want to insure yourself against this risk
