Audience
Crypto investors in need of a multi-chain DeFi insurance aggregator to protect their investments
About Shield Finance
Shield Finance is a multi-chain DeFi insurance aggregator that allows users to buy protection against major market crashes due to black swan events (hacks, exploits, rug pulls, sell-offs). Shield utilizes a proprietary aggregation engine to provide custom insurance packages for investor needs.T he most important feature of the $SHLD token is the buy & burn program, which directs 50% of the fees towards purchasing the token on the open market & burning it, removing from circulation forever. Shield Finance will direct 50% of the fees towards buying $SHLD token on the open market & burning it, permanently reducing the circulating supply. To reward long-term holders, $SHLD token will provide 30% stable APY. We believe that such APY strikes a balance between incentivizing people to hold & smoothing out the emission curve. Integrations with Polkadot insurance providers, partnerships with DEXes, and UI improvements.
Other Popular Alternatives & Related Software
inSure
InSure DeFi Network aims to provide stability to the crypto world, protecting investors from scams, stolen funds and drastic devaluations of crypto portfolios. In order to insure your crypto portfolio, you simply need to purchase/acquire SURE tokens from available exchanges. Please refrain from storing your SURE tokens on centralized exchanges. In order to process the insurance claim, you will need to create a proposal on Snapshot with your wallet that holds ERC20 SURE. We are developing smart operations to enable a crypto-insurance system that provides support wherever and whenever you need it. Any SURE holder can join inSure DAO voting on the disputes and roadmap updates. We will process your request with diligence and will initiate a transfer of SURE tokens in the amount of insured value based on the plan chosen by you.
Learn more about inSure
PolkaInsure Finance
A decentralized P2P insurance marketplace on Polkadot ecosystem. The marketplace is run entirely by Defi users in the Polkadot Ecosystem, and users who join will get the PIS governance token. Any user can request insurance and anyone can provide coverage. Polkainsure will be migrated to a Polkadot parachain when the product development is finished. PIS token is currently issued on Ethereum because there is high trading demand. You could buy coverage on PolkaInsure without having to do KYC. PolkaInsure smart contracts will be audited, deployed and verified on the Polkadot blockchain. Claims are handled by smart contract code which ensures that payouts are instant and insurance contracts are fully collateralized. Built-in integrations for assets like DOT and ERC-20s, and infrastructure services like Chainlink and TheGraph. We just launch our products on Moonbeam testnet, the smart contract parachain on Polkadot Network. This is the initial step for Shield Mining on Polkadot.
Learn more about PolkaInsure Finance
Armor.Fi
Armor is a DeFi coverage aggregator that makes securing your DeFi assets against hacks as easy as possible. arCORE tracks and protects your crypto assets, you pay per second! Buy a cover that can be sold, traded or staked for rewards. Swap and deposit your (w)NXM tokens and earn yield. Auto-protect your liquidity positions without extra costs. Armor is a decentralized brokerage for cover underwritten by Nexus Mutual’s blockchain-based insurance alternative. DeFi protocols are largely open source, making them an easy target for hackers. Repeated large-scale hacks could prevent DeFi from achieving mainstream adoption. Insurance makes sense to buy for those who might not recover from losses potentially incurred by smart contract risks. Armor is a smart insurance aggregator for DeFi, built on trustless and decentralized financial infrastructure. Users may cover their assets against smart contract risks across popular protocols such as Uniswap, Sushiswap, AAVE, Maker, Compound, Curve, etc.
Learn more about Armor.Fi
Insured Finance
A decentralized P2P insurance marketplace with easy claims and instant payouts. Underpinned by the Polygon network, Insured Finance is a P2P insurance marketplace. Market participants can easily request or provide coverage on a wide variety of cryptocurrency assets. Claims are fully collateralized and payouts are instant. Protect against bugs and smart contract exploits. Tens of millions in USD value has evaporated at the hands of smart contract attacks. Insured Finance users can protect against such events. Hundreds of million in USD value has been lost due to exchange hacks. Insured Finance users can insure their holdings on a cryptocurrency exchange. If the exchange is hacked or experiences bankruptcy, users with coverage are compensated. The stablecoin market has grown to over $25 billion. Stablecoins remain exposed to a variety of risks like security lapses and issuer bankruptcy. Insured Finance users can protect against stablecoin failure.
Learn more about Insured Finance
Integrations
Company Information
Shield Finance
Founded: 2021
shieldfinance.io
Videos and Screen Captures
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Our Free Plans just got better! | Auth0
You asked, we delivered! Auth0 is excited to expand our Free and Paid plans to include more options so you can focus on building, deploying, and scaling applications without having to worry about your security. Auth0 now, thank yourself later.
Product Details
Platforms Supported
Cloud
iPhone
iPad
Android
Training
Documentation
Support
Online
Shield Finance Frequently Asked Questions
Q: What kinds of users and organization types does Shield Finance work with?
Shield Finance works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does Shield Finance support in their product?
Shield Finance supports these languages: English.
Q: What kind of support options does Shield Finance offer?
Shield Finance offers support via online.
Q: What other applications or services does Shield Finance integrate with?
Shield Finance integrates with: BNB Smart Chain (BSC), Ethereum, Polkadot, Solana, Telegram, and Uniswap.
Q: Does Shield Finance have a mobile app?
Yes, Shield Finance has a mobile app for iPhone, Android, and iPad.
Q: What type of training does Shield Finance provide?
Shield Finance provides training in the form of documentation.
