Decentralized finance (DeFi) is one of the most impactful innovations in the global crypto markets, enabling crypto traders and investors to earn double/triple-digit yields on their holding.
However, using DeFi applications comes with its own share of risks, with protocol hacks being relatively common. In 2021, over USD 12bn was lost as a result of DeFi hacks. This is why DeFi insurance is starting to play a bigger role in the space….
Read More: 4 DeFi Insurance Protocols Building Safety Nets for Crypto Investors
