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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	0.00002019808
1	0.00020198084
2	0.00040396169
5	0.00100990424
10	0.00201980849
20	0.00403961699
50	0.01009904249
100	0.02019808499
1000	0.20198084991

USD	ARMOR
0.1	495.10
1	4,950.96
2	9,901.93
5	24,754.82
10	49,509.64
20	99,019.29
50	247,548.22
100	495,096.44
1000	4,950,964.41

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