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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	0.00003429827
1	0.00034298272
2	0.00068596545
5	0.00171491364
10	0.00342982729
20	0.00685965458
50	0.01714913645
100	0.03429827290
1000	0.34298272909

USD	ARMOR
0.1	291.56
1	2,915.60
2	5,831.20
5	14,577.99
10	29,155.99
20	58,311.97
50	145,779.94
100	291,559.87
1000	2,915,598.70

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