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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	0.00002643009
1	0.00026430099
2	0.00052860199
5	0.00132150498
10	0.00264300996
20	0.00528601993
50	0.01321504984
100	0.02643009968
1000	0.26430099687

USD	ARMOR
0.1	378.36
1	3,783.56
2	7,567.13
5	18,917.82
10	37,835.65
20	75,671.30
50	189,178.25
100	378,356.50
1000	3,783,565.00

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