The Emergence of DeFi Insurance: A Solution to Smart Contract Risks?
Decentralized Finance (DeFi) has gained significant traction in recent years, revolutionizing the traditional financial system by eliminating intermediaries and providing financial services through smart contracts on the blockchain. However, this innovative technology brings with it its own set of risks, particularly when it comes to the security and reliability of smart contracts. In response to this, a new solution has emerged in the form of DeFi insurance, aiming to protect users against the risks associated with smart contracts.
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