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-   -   Core Features of a DeFi Insurance System (https://www.forumku.com/forum-usaha-teknologiku/106738-core-features-defi-insurance-system.html)

flynnrider 3rd January 2025 06:39 PM

Core Features of a DeFi Insurance System
 
To build an effective DeFi insurance platform, developers must focus on integrating the following features:
Smart Contract Audits: Implement thorough audits to ensure the platform's security.
Customizable Policies: Offer flexible coverage options tailored to various user needs.
Decentralized Governance: Empower users through DAO-based governance to manage policies and claims.
Claim Assessment: Automate claim processes using oracles and AI for fair and efficient payouts.
Liquidity Pools: Utilize liquidity pools to ensure sufficient funds for claim payouts.

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