Cover Buyer
Cover buyers are users looking to secure their funds against losses for which they are not responsible, such as De-Peg, hack, or strategy-related losses, among others.
Currently, on existing platforms, cover buyers can find cover prices higher than the yield of the covered protocol, which is devoid of logic. Athenains.io has developed several solutions to remedy this problem and keep prices affordable. For more information, please visit the dynamic pricing page and the guarantee provider page.
Cover buyers pay premiums to the guarantee provider in return for protecting their assets.
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