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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	0.00021094259
1	0.00210942598
2	0.00421885196
5	0.01054712991
10	0.02109425983
20	0.04218851966
50	0.10547129915
100	0.21094259831
1000	2.11

USD	ARMOR
0.1	47.41
1	474.06
2	948.13
5	2,370.31
10	4,740.63
20	9,481.25
50	23,703.13
100	47,406.26
1000	474,062.62

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