Degis, a decentralized insurance coverage platform, is strengthening its partnership with Avalaunch in an energy to defend XAVA from marketplace value fluctuations.
As a outcome, Degis will supply complete safety for XAVA with Degis Naughty Price Protection starting up at 3pm on June 27, 2022.
Degis is a following generation Protect-to-Earn protocol. Users can simply defend themselves from crashing waves on the marketplace and prevent dangers to clever contracts by obtaining safety merchandise on Degis.
On January 1st, Degis launched “Naughty Price Protection”. XAVA holders can purchase / promote / produce matching safety tokens and holders of safety merchandise will be compensated if the value falls on the expiration date. This is an productive device to enable XAVA holders attain further safety towards value fluctuations, specially when the marketplace is going as a result of a crypto winter with several crises like these days.
This is just the starting and XAVA is the initially token to apply the over mechanism, paving the way for the total Avalanche ecosystem.
Degis is a venture with a decentralized insurance coverage model created on the Avalanche ecosystem. Degis focuses on regions this kind of as capital liquidity aggregation and instantaneous liquidity, bridging the gap among the actual and digital planet.
Avalaunch is the initially IDO platform created on the Avalanche network, which will allow new tasks to accessibility the capital of several traders all-around the planet. With higher transaction velocity, minimal transaction expenses, process safety and stability, and cross-chain capability.
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