Armor is a protocol that allows users to protect funds held on a variety of DeFi (Decentralized Finance) protocols in the case of hacks in an easy, self-adjusting, pay-as-you-go manner. It protects users' investments against smart contract risks across popular protocols such as Uniswap, Sushiswap, AAVE, Maker, Compound, Curve, Synthetix, Yearn, RenVM, Balancer, and more.
Armor insurance is underwritten by Nexus Mutual, with added features:
- Permissionless (No sign-up required)
- Pay as users go coverage across various protocols
- Flexible amount/ duration coverage, only pay what users owe