Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Blockdaemon Reviews & Ratings
    2 Ratings
    Company Website
  • Hotspot Shield Reviews & Ratings
    119 Ratings
    Company Website
  • PDFCreator Reviews & Ratings
    492 Ratings
    Company Website
  • CallHub Reviews & Ratings
    390 Ratings
    Company Website
  • Planfix Reviews & Ratings
    57 Ratings
    Company Website
  • TelemetryTV Reviews & Ratings
    271 Ratings
    Company Website
  • TrafficGuard Reviews & Ratings
    89 Ratings
    Company Website
  • IPVanish Reviews & Ratings
    111 Ratings
    Company Website
  • Abundantly Reviews & Ratings
    14 Ratings
    Company Website
  • Docmosis Reviews & Ratings
    46 Ratings
    Company Website

What is Shield Finance?

Shield Finance serves as a decentralized finance insurance aggregator that spans multiple blockchain ecosystems, allowing users to obtain safeguards against drastic market declines triggered by unexpected incidents such as hacks, exploits, rug pulls, and mass sell-offs. The platform utilizes a distinctive aggregation engine designed to craft customized insurance offerings that meet the specific needs of individual investors. Central to the $SHLD token is its buy and burn mechanism, where half of the fees generated are allocated to buy the token from the market and then subsequently eliminate it, thus effectively lowering its circulating supply. This approach not only increases the token's rarity but is also intended to enhance its market value over time. Furthermore, to promote long-term investment, holders of the $SHLD token can enjoy a stable annual percentage yield (APY) of 30%, which is structured to incentivize retention while managing the token's emission timeline. Looking ahead, Shield Finance plans to integrate with insurance providers on the Polkadot network, forge partnerships with decentralized exchanges, and refine user interface features to elevate the overall user experience. As Shield Finance progresses, its unwavering dedication to offering innovative financial protection solutions remains a top priority, ensuring users feel secure in their investments.

What is Nexus Mutual?

Nexus Mutual utilizes Ethereum's technology to allow individuals to share risk collectively, thereby removing the reliance on conventional insurance firms. It offers protection against possible flaws in smart contract code and incidents like the DAO hack or Parity multi-signature wallet problems. With governance firmly in the hands of its members, Nexus Mutual enables them to assess claim legitimacy, ensuring all decisions are transparently logged and executed via smart contracts on the Ethereum public blockchain. It's crucial to recognize that Smart Contract Cover is not classified as an insurance contract; rather, it depends on members to resolve claims. The claims payment process is motivated by economic incentives associated with the token, shifting the focus away from trust in an insurance company. This tokenization strategy presents an efficient and scalable way to gather risk capital, with a funding model that encourages contributions only when needed. Additionally, the token's value ties closely to the mutual's adoption and real-world performance, promoting stability and reducing speculative behavior. This pioneering model not only empowers members but also fosters a collaborative environment where everyone’s interests are aligned for shared success, ultimately creating a more resilient community. Through its unique approach, Nexus Mutual paves the way for a new paradigm in risk management.

Media

Media

Integrations Supported

Ethereum
Authereum
BNB Smart Chain (BSC)
Coinbase Wallet
Index Coop
Lattice1
Ledger
MetaMask
Opera
Polkadot
Solana
Telegram
Token Terminal
Torus
Trezor
Uniswap
WalletConnect
iTrust.Finance

Integrations Supported

Ethereum
Authereum
BNB Smart Chain (BSC)
Coinbase Wallet
Index Coop
Lattice1
Ledger
MetaMask
Opera
Polkadot
Solana
Telegram
Token Terminal
Torus
Trezor
Uniswap
WalletConnect
iTrust.Finance

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Shield Finance

Date Founded

2021

Company Website

shieldfinance.io

Company Facts

Organization Name

Nexus Mutual

Date Founded

2017

Company Location

United Kingdom

Company Website

nexusmutual.io

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives