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DeXe Protocol - Announcements DeXe Protocol - Announcements @dexe_network · 7.2K subscribers
Post #419 1.5K
❌Nobody likes losing money. And yet, most platforms only compensate in cases of critical bugs or hacks.
But compensate for trading losses? Unheard of. Until now, until DeXe Insurance🔥

✅ DeXe Insurance is as decentralized as befits a DAO. Anyone can temporarily stake up to 10% of their deposit in DEXE into the Insurance pool and get up to 100% of their deposit refunded in case of trading loss. Does that mean that every loss will get refunded? Not necessarily. For one, that would lead to reckless trading and quickly deplete the pool. Since DeXe is a DAO, the holders of DEXE will decide in what cases and how much gets refunded (not deciding each individual case for each individual trader but setting and updating rules and parameters).

Read the full article about DeXe Insurance here 👉 Link
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