Tidal Finance partners with Chain Guardians to insure NFT assets

Tidal Finance is thrilled to announce its collaboration with Chain Guardians. Chain Guardians is a platform that combines traditional gaming concepts with blockchain technologies to enable player-driven economies.

The Chain Guardians team will employ Tidal’s decentralized insurance model to help manage risk and create a fail-safe mechanism for users in case of unforeseen events. Through this collaboration, all NFT assets on the Chain Guardians Ecosystem will be sufficiently insured against.

Chain Guardians is the world’s first ecosystem where blockchain meets superheroes. Within the Chain Guardians ecosystem, players can participate in a free-to-play NFT Mining Platform and Role-Playing Game; both of which allow players to earn income, turning their time and energy into tangible rewards.

Tidal Finance is making DeFi safer by building the first customizable smart contract cover marketplace powered by the Polkadot platform.

Tidal will provide asset coverage for all the smart contracts and assets on the Chain Guardians ecosystem. It will also increase the security and efficiency of the platform in order to attract more capital, and spur adoption. Adding Chain Guardians into the Tidal risk pool can help Tidal LPs earn additional returns by providing coverage. The more platforms/protocols that we could add into the Tidal risk pool, the more options that Tidal LPs would have to utilize their liquidity.

Tidal will work closely with the Chain Guardians team to launch its initial coverage pool. With Chain Guardians’ assistance, Tidal finance could offer more coverage to cover buyers and increase LP’s returns.

ChainGuardians is a platform that combines traditional gaming concepts with blockchain technologies to enable player-driven economies. Within the ChainGuardians ecosystem, players can participate in our free-to-play NFT Mining Platform and Role-Playing Game; both of which allow players to earn income, turning their time and energy into tangible rewards.

Tidal Finance makes DeFi safer by providing insurance coverage for assets across chains in custom balanced liquidity pools. With Tidal, Users can select risk pools by choosing any combination of protocols/assets and their coverage terms (premium, cover period, etc). Liquidity Providers, on the other hand, can invest in pools that suit their risk/reward ratio.

✳️ Official Website: https://tidal.finance/

✳️ Medium: https://tidalfinance.medium.com/

✳️ Twitter: https://twitter.com/tidaldefi

✳️ Announcements Channel: https://t.me/tidalann

✳️ Telegram Channel: https://t.me/TidalGlobal

📗Intro to Tidal Medium blog: https://medium.com/tidal-finance/introducing-tidal-open-marketplace-for-programmable-insurance-1a48b1d497eb

Tidal, Open Marketplace for Programmable Insurance building on Polkadot ecosystem tidal.finance

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