Xend Finance Purchased $1 Million-Worth of Insurance Coverage Through Tidal Finance

TokenInsight news, Xend Finance purchased up to $1 million in insurance on Tidal Finance, an insurance agreement. In the event of an abnormal payment event, the insurance amount will be paid directly to the Xend Finance team to make up for the user's loss and ensure the normal withdrawal of its user funds. At the same time, Xend Finance joins the Tidal Finance mutual insurance pool, and Tidal platform insurers can participate in Xend Finance and obtain benefits.
Source

Insurance

Related News
Nexus Mutual Staked $11M $ETH through Staking Platform Kiln Nexus Mutual Staked $11M $ETH through Staking Platform Kiln
Hong Kong Virtual Insurer, OneDegree Raised $27M to Expand Digital Asset Insurance Hong Kong Virtual Insurer, OneDegree Raised $27M to Expand Digital Asset Insurance
$BTC-denominated Insurance Provider Meanwhile Raised $19M from OpenAI CEO and Google $BTC-denominated Insurance Provider Meanwhile Raised $19M from OpenAI CEO and Google
Nexus Mutual Protocol Cover Users can File Claims for Euler Finance Exploit Nexus Mutual Protocol Cover Users can File Claims for Euler Finance Exploit
Crypto Insurance Firm Evertas Closes $14 Million Funding Round Led by Polychain Capital Crypto Insurance Firm Evertas Closes $14 Million Funding Round Led by Polychain Capital
Latest News More More
Top Exchanges' Total Trading Volume Hit Two-Year Low in September
1 Day Ago Circle Launches Circle Research and Perimeter Protocol
2 Days Ago Three Arrows Capital Co-Founder Zhu Su Apprehended in Singapore, Sentenced to 4-Month Imprisonment
2 Days Ago Circle Claims Stablecoins Aren't Securities in Amicus Curiae Brief of SEC-Binance Case
2 Days Ago RWA Sector Grows Fast with Market Cap Increases 60% in 2023, TokenInsight Report Shows
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open