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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	0.00001894373
1	0.00018943731
2	0.00037887462
5	0.00094718656
10	0.00189437313
20	0.00378874627
50	0.00947186569
100	0.01894373138
1000	0.18943731381

USD	ARMOR
0.1	527.88
1	5,278.79
2	10,557.58
5	26,393.96
10	52,787.91
20	105,575.82
50	263,939.55
100	527,879.11
1000	5,278,791.07

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