avatar of @nealmcspadden
LeoFinance Badge
1 min read

I've looked at these a bit and the math just doesn't add up for actual coverage in the event of major loss. They also don't insure the base layer assets like USDT depegging.

And then there's all kinds of weirdness with how claims may or may not be approved, like in Cover's DAO model.

Posted Using LeoFinance Beta