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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	0.00002608220
1	0.00026082201
2	0.00052164402
5	0.00130411007
10	0.00260822014
20	0.00521644028
50	0.01304110070
100	0.02608220141
1000	0.26082201417

USD	ARMOR
0.1	383.40
1	3,834.03
2	7,668.06
5	19,170.16
10	38,340.32
20	76,680.64
50	191,701.61
100	383,403.22
1000	3,834,032.20

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