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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	0.00002014880
1	0.00020148807
2	0.00040297615
5	0.00100744037
10	0.00201488075
20	0.00402976151
50	0.01007440378
100	0.02014880756
1000	0.20148807569

USD	ARMOR
0.1	496.31
1	4,963.07
2	9,926.15
5	24,815.36
10	49,630.73
20	99,261.46
50	248,153.64
100	496,307.29
1000	4,963,072.86

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