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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	0.00002955821
1	0.00029558215
2	0.00059116430
5	0.00147791075
10	0.00295582151
20	0.00591164303
50	0.01477910759
100	0.02955821519
1000	0.29558215197

USD	ARMOR
0.1	338.32
1	3,383.15
2	6,766.31
5	16,915.77
10	33,831.54
20	67,663.08
50	169,157.71
100	338,315.42
1000	3,383,154.20

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