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Armor is the first insurance aggregator for DeFi. Leveraging the underwriting capability of Nexus Mutual, it offers pay-as-you-go insurance products and the ability to buy insurance covers without KYC.

It is the second iteration of the yInsure product from Yearn Finance. The first iteration of yInsure failed after the yInsure’s founders had a fallout. Yearn Finance chose to partner with COVER instead after the event and leave the yInsure product to Armor. 

During launch, there are four main products, arNXM, arNFT, arCORE and arSHIELD. 

ARMOR

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ARMOR	USD
0.1	0.00001766076
1	0.00017660763
2	0.00035321526
5	0.00088303816
10	0.00176607633
20	0.00353215266
50	0.00883038165
100	0.01766076330
1000	0.17660763302

USD	ARMOR
0.1	566.23
1	5,662.27
2	11,324.54
5	28,311.35
10	56,622.69
20	113,245.39
50	283,113.47
100	566,226.94
1000	5,662,269.42

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