Insurance stands as one of finance’s foundational primitives—an essential scaffold that undergirds every major market from commodities to credit. Since the 1600s, no vibrant financial ecosystem has thrived without a robust insurance mechanism: market participants demand quantifiable measures of risk before committing capital. Yet in decentralized finance(DeFi)’s first wave—lending, exchanges, derivatives—insurance remained an afterthought, implemented […]
Building Insurance Primitives in DeFi
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