About
Armor is the first insurance aggregator for DeFi. Leveraging the underwriting capability of Nexus Mutual, it offers pay-as-you-go insurance products and the ability to buy insurance covers without KYC. It is the second iteration of the yInsure product from Yearn Finance. The first iteration of yInsure failed after the yInsure’s founders had a fallout. Yearn Finance chose to partner with COVER instead after the event and leave the yInsure product to Armor. During launch, there are four main products, arNXM, arNFT, arCORE and arSHIELD.
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History
Armor Protocol Suffers Exploit via Smart Contract Vulnerability
$1.00M
Armor Launches arNXM V2 with Improved Liquidity
Armor Releases arNXM and arCover Products
Armor Partners with Yearn Finance and COVER Protocol
Armor Protocol Launches as DeFi Insurance Aggregator
