Description
Neptune Mutual is a multi-chain decentralized cover protocol providing parametric insurance solutions to enhance security, transparency, and trust in the DeFi space. It addresses risks such as smart contract vulnerabilities, exchange hacks, and stablecoin de-pegging through a Cover Policy Framework. Users can participate as liquidity providers, earning rewards while policyholders gain coverage trustlessly using cryptographic proof of loss and transparent risk assessment. Governance is community-centric, with NPM token holders having a say in claims and protocol upgrades. By utilizing stablecoin-based cover pools, Neptune Mutual offers fast and reliable claims, managing risks effectively and bridging the gap between traditional insurance and the digital asset industry.
Neptune Mutual is a multi-chain decentralized cover protocol providing parametric insurance solutions to enhance security, transparency, and trust in the DeFi space. It addresses risks such as smart contract vulnerabilities, exchange hacks, and stablecoin de-pegging through a Cover Policy Framework. Users can participate as liquidity providers, earning rewards while policyholders gain coverage trustlessly using cryptographic proof of loss and transparent risk assessment. Governance is community-centric, with NPM token holders having a say in claims and protocol upgrades. By utilizing stablecoin-based cover pools, Neptune Mutual offers fast and reliable claims, managing risks effectively and bridging the gap between traditional insurance and the digital asset industry.
