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Decentralized finance renders a financial system with profound improvements such as limited dependency on centralized parties and improved efficiency. However, the risk of hacking attacks is becoming a concern which can lead to the loss of DeFi assets.


To address this concern, DeFi insurance has been opted for which is not much different from traditional insurance. When pondering over DeFi insurance platform development, the following three are the best platforms-


Nexus Mutual - It offers peer-to-peer insurance for some major cross-chain smart contract protocols.

Risk Harbor - It offers security for some crypto-backed stablecoins like MIM and Tetranodes Pool 6 on Rari Capital.

Unslashed Finance - It offers protection for a range of DeFi risks along with other risks such as centralized exchange hacks.


If you want to get insured for your digital assets, contact a reliable DeFi insurance platform development company and get started!

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