What is Armor?
Founded in 2020, Armor is a smart cover aggregator for DeFi which provides Pay as You Go coverage for user funds across various protocols. Also, it is a decentralized brokerage that provides coverage underwritten by Nexus Mutual's Blockchain-based insurance alternative. ArCORE tracks and protects crypto assets for a fee per second. Users can buy a cover that can trade, or stake for rewards. The platform lets you earn yield by swapping and depositing your (w)NXM tokens. Additionally, Users can auto-protect their liquidity positions with no additional costs.
Armor is a smart insurance broker for DeFi that relies on trustless and decentralized financial infrastructure. Users can cover their assets against smart contract risk using popular protocols like Uniswap and Sushiswap or AAVE, Maker, Compound, Curve and Maker.
The platform features an Armored Shield Vaults which are covered storage vaults for DeFi tokens with auto-payments, powered by arCore. Users can deposit their DeFi tokens, receive their arToken, and enjoy their FDIC-like pooled coverage in perpetuity with no maintenance needed.
