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Ruler Protocol has partnered with Armor.fi to list $ARMOR as collateral. 17549 $ARMOR and 25 $RULER per week have been allocated as rewards for Liquidity Providers.

With Ruler Protocol, users can:

Rewards will start on May 7th and will continue until at least May 29th.

About Ruler Protocol

Ruler Protocol is a lending platform where users can borrow stablecoins using other assets. It aims to fill the gap by enabling no liquidations, supply & demand-driven interest rates, and fungible, tradable loans.


Synthetix has joined Armor’s Big Bug Bounty Challenge with Immunefi in their continued commitment to create a secure ecosystem for its users.

Synthetix allows users to create and issue synthetic assets on the Ethereum blockchain. The synthetic commodities it supports include gold and silver, cryptocurrencies, cryptocurrency indexes, and fiat currencies.

By using Synthetix, users can:

⭐️ Issue synthetic assets or “Synths.”

⭐️ Trade and swap Synths across a variety of DeFi protocols.

⭐️ Stake SNX as collateral and receive rewards, including fees generated by Synth trades.

“Encouraging responsible reporting of possible vulnerabilities is a crucial step for contributors to any…


C.R.E.A.M. has joined the Armor Alliance in their continued commitment to user and asset security.

C.R.E.A.M. Finance is a decentralized lending protocol for individuals to access financial services.

The protocol is permissionless, transparent, and non-custodial. Currently, C.R.E.A.M. is live on Ethereum, Binance Smart Chain, and Fantom.

C.R.E.A.M. Finance’s smart contract money markets are focused on longtail assets — with the goal of increasing capital efficiency for all assets in crypto markets.

Users of C.R.E.A.M. can:

⭐️ Leverage peer-to-peer lending and borrowing for over 80 different cryptocurrencies including BAL, COMP, ETH, CRV, LEND, REN, and others on Ethereum, Binance Smart Chain and Fantom.

⭐️ Lock up tokens in C.R.E.A.M.’s long-term pools and earn yield.

⭐️ Know that their assets are…


Alpha Finance Lab has joined in their continued commitment to a secure ecosystem for lenders and leveraged yield farmers

Alpha Finance Lab is building an ecosystem of DeFi products that interoperate to maximize returns. Their product suite currently brings DeFi to both Ethereum and the Binance Smart Chain through Alpha Homora…

Alpha Homora is DeFi’s first leveraged liquidity providing and yield farming protocol where users can:

For easy access to the app, users can access V1 on Ethereum, V2 on Ethereum, and vBSC


Twitter | Telegram | Discord | Website | Github | Announcements

Armor’s progress in March 2021 has several highlights:

Let’s dive into some details!

Smart Cover System Launch

The Smart Cover System was launched following multiple audits. …


Armor now covers user assets as part of a new partnership with Perpetual Protocol in the mission to make DeFi safer.

Perpetual Protocol makes on-chain leveraged trading simple — connect your wallet, deposit USDC, and start trading. Every trade is recorded on-chain and you can start trading without the need for any counterparty.

⭐️ It only takes three steps for you to do leveraged trades on Perpetual Protocol — connect your wallet, deposit USDC, and then begin trading.

⭐️ Traders always control their assets when trading on the protocol, even when the site is down.

⭐️ Starting from blue-chip DeFi…


Armor matches up to $500k in Bug Bounties to stop hacks before they happen

DeFi is a young and thriving industry, but it is also fraught with risk, smart contract exploits, and bugs, keeping many individuals and institutions away from confidently participating in the future of finance.

In just over a month since launch, Armor has sold over $1B USD worth of coverage and now accounts for over 45% of the staked $NXM on Nexus Mutual.

Recently, in partnership with Immunefi, Armor also paid out the biggest bug bounty in Ethereum history with a value of over $1.5M USD for the discovery and repair of a critical bug before it went live. …


Twitter | Telegram | Discord | Website | Github | Announcements

It has been only a month since Armor.Fi launched its first ecosystem products, and already:


The Armor team is honored to announce that Collider Ventures, Delphi Ventures, Divergence Ventures, DeFiance Capital, Alameda Research, 1kx, The LAO, Blocksync and Bering Waters Ventures have joined Armor as strategic investors.

Their insights and contribution have been essential to Armor’s mission already, to help the team and community work to secure mass-scale adoption of DeFi protocols both with institutions and individuals.

Yan Liberman at Delphi Digital shared how he and his team view Armor:

“We view Armor as a highly synergistic product in the space, particularly with Nexus Mutual, because of how varied their strengths are (…) I think you’ll see new coverage primitives developed knowing that Armor can address some gaps…


Armor is a decentralized brokerage for cover underwritten by Nexus Mutual’s blockchain-based insurance alternative

Twitter | Telegram | Discord | Website | Github | Announcements

Contents

Introduction
ArmorDAO
Allocation
Community Treasury
Growth Program
Launch Schedule
Token Rewards
Smart Contracts

Introduction

We are on the verge of an unprecedented financial revolution built upon the key features of DeFi: composability and permissionless access.

Insurers are financial first-responders

Traditional financial institutions and investors are taking note of DeFi.

However, DeFi protocols are largely open source, making them an easy target for hackers. Repeated large-scale hacks could prevent DeFi from achieving mainstream adoption.

Insurance makes sense to buy for those who might not recover from losses potentially incurred by smart contract risks.

Armor is a DeFi coverage aggregator to secure and scale adoption.

Armor is…

AZ

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