Unslashed is a decentralized insurance protocol covering all common risks for crypto assets. Unslashed enables almost instant liquidity to insurance buyers and risk underwriters ensure constant collateralization and guarantees transparency through an unbiased claims process. Tokenizing coverage and using “money streaming,” allows maximum flexibility and freedom: the insured pay as they go and can instantly stop the policy to offload it at any time.
Unslashed Finance offers coverage for a wide range of products, markets, and protocols. This coverage and protection are purchased by the user and are insured through other protocol participants that supply the capital. The protocol relies on the Unslashed DAO for the different protocol and policy parameters, it also leverages integration with Enzyme for the Asset Management side and integration with Kleros for Independent Claims Assessments.
Unslashed Finance aims to cover all risks by offering a more comprehensive insurance product, including exchanges, smart contract hacks, stablecoin price fluctuations, and predictive machine feeding errors. Unslashed Finance hopes to improve the utilization of funds by offering structured insurance products. Each Bucket contains multiple Pools, and users can select buckets with different risk characteristics. The item categories and structure in the Bucket are voted by the DAO.