Armor.Fi Crypto Review - Is Armor.Fi Crypto Legit?

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Are you thinking about using Armor.Fi Crypto's services but is this Nexus Mutuals' blockchain-based insurance alternative really one of the best decentralised brokerages for cover in the crypto industry right now? The Armor.Fi Crypto system is one that automatically detects any changes in the balances of users' supported protocols and prompts the user to adjust their plans accordingly. It basically allows users to protect the funds that they hold on various DeFi protocols in case of any hacks in a self-adjusting and easy pay-as-you-go manner.
Users are fully compensated for losses as per Nexus Mutual policies if the funds that they hold in a platform is hacked and their submitted claim is approved. Users never pay more than what is necessary as they are billed by the second for the exact amounts that are protected. It is a very important service for anyone who is a regular user of DeFi protocols as they are some of the most attractive targets for hackers in the cryptocurrency world…

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What Important Role Does Armor.Fi Crypto's Services Play For Users?
DeFi services could be prevented from reaching mainstream adoption if large-scale hacks repeatedly occur and cause investors to lose trust in the space. These protocols are easy targets for hackers due to their open-source nature.
Armor.Fi Crypto is emerging as a smart way to insure on DeFi. This protocol is built on decentralised and trustless financial infrastructure that acts as a smart insurance aggregator for DeFi. It helps users to recover from potential losses incurred from taking on smart contract risks and makes great sense for any DeFi users to purchase. Some of the most popular protocols that users can cover their assets against smart contract risks are Uniswap, Sushiswap, AAVE, Maker, Compound, Curve among others…

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