@40MillionMultiVac appreciate your feedback however i think you misunderstand why people want insurance. It’s not about insuring people acting carelessly and therefore creating moral hazard that others would pay for, it’s about protection against blackswan events such as hacks and code bugs that allow hacks. No matter how good code is, there is always risk. Not having insurance limits pool size because smart investors can’t trust full balances in one protocol and have to spread risk via multiple pools and protocol to mitigate this risk. Almost every major defi savings protocol has had some kind of bug or back. This would help reimburse deposits caught in something like this. No one would ever get insurance on user error.
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