Cryptocurrencies are known to be extremely volatile assets, and the crypto marketplace is highly unpredictable. Any factor can lead to worst-case scenarios such as inflation that in turn can greatly affect digital assets. The Birth of Degis Incubated by the Hong Kong University of Science and Technology, the cryptocurrency insurance project Degis protects users’ assets from all possible risks involved. Built on the Avalanche network, the all-in-one protection protocol Degis aims to combat token volatility, digital wallet risks, temporary loss of funds, and smart contracts insurance. Earlier today, Degis took to Twitter to announce the launch of their product. Degis mainnet will launch at 8am, April 1st (UTC) with our initial product, the Naughty Price Protection🛡️🚀#AVAX will be the first token we provide protection, more #Avalanche projects’ token will coming soon🔥🔥 check here for more details👇https://t.co/7lvQpVxnWd — Degis 🔺 (@ProjectDegis) March 23, 2022 First Product Launch of Degis As per the announcement shared by Degis today, Naughty Price Protection will launch on April 1, 2022. The objective of Naught Price is to shield users from “highly fluctuated token prices.” As the market is volatile most of the time, the protection of prices is especially essential to the crypto space.The post Crypto Insurance Project Degis Launches Naughty Price Protection appeared first on Cryptoknowmics-Crypto News and Media Platform.
