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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	0.00002089936
1	0.00020899366
2	0.00041798732
5	0.00104496830
10	0.00208993661
20	0.00417987323
50	0.01044968307
100	0.02089936615
1000	0.20899366156

USD	ARMOR
0.1	478.48
1	4,784.83
2	9,569.67
5	23,924.17
10	47,848.34
20	95,696.68
50	239,241.71
100	478,483.41
1000	4,784,834.11

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