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Helmet.insure is a peer-to-peer price-shield insurance protocol that allows users to craft insurance policies for virtually any cryptocurrency asset. Its core objective is to provide a safety net against market volatility, enabling DeFi participants to protect their investments from potential downturns. The insurance policies are constructed to cushion users against adverse price movements, ensuring their assets are better safeguarded.
The protocol facilitates the creation of two primary types of insurance policies – SHORT Tokens and LONG Tokens. This dual structure not only enhances the usability of the platform but also caters to a diverse user base, ranging from those seeking to hedge against losses to others aiming to speculate on price increases. By prioritizing user-friendliness and accessibility, Helmet.insure aims to reshape insurance paradigms in the crypto sector.
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