Degis

Degis

DEG
$0.002941607%4.50

Key Metrics

Price$0.002941607
Real Volume (24H)$676.97
Marketcap$17,764.76
Fully Diluted Valuation$452,119
ATH$0.940278
ATH Date3/29/2022, 4:49:15 AM
ATL$0.00429171
ATL Date1/1/2023, 1:14:33 PM
Circulating Supply6M
Total Supply43M
WebsiteN/A
WhitepaperN/A
Popularity Rank4207
Chart
What is Degis?

Degis is a next-generation decentralized finance (DeFi) platform that is revolutionizing the crypto protection space. The platform is the first all-in-one protection protocol built on Avalanche, designed to provide comprehensive protection to users against various risks associated with cryptocurrency investments. Degis is on a mission to build a universal crypto protection platform and create a decentralized protection ecosystem.

With its blockchain infrastructure, Degis can resolve the cumbersome purchasing and complicated claims process prevalent in traditional markets, enabling it to better perform via smart contracts. The platform focuses on wider coverage areas, capital liquidity aggregation, and instant payouts to tackle the existing problems in the DeFi insurance world. In doing so, it is establishing a new paradigm for crypto insurance.

Degis allows users to protect themselves from a range of risks associated with cryptocurrency investments, including token price volatilities, impermanent loss, wallet risks, and smart-contract insurance. It fills the gap in the current DeFi insurance world, providing a better experience for every user. The platform has three main characteristics: to protect, to earn, and to play.

To incentivize every contributor to the platform, Degis has introduced its own token, which is rewarded to those who buy or sell insurance on the platform. This ensures that every user benefits from their contributions to the platform, encouraging wider adoption of the protocol.

The platform's primary goal is to build a decentralized protection ecosystem, providing comprehensive protection to users while incentivizing contributors through its token rewards. By enabling users to purchase insurance policies via smart contracts, Degis ensures that the claims process is hassle-free and efficient.

Degis is built on the Avalanche blockchain, which is known for its high transaction throughput and low fees. This makes the platform faster and more efficient than many other DeFi protocols in the market. The platform's blockchain infrastructure also ensures that all transactions are transparent, secure, and immutable.

Degis has been designed to cater to the diverse needs of crypto investors. It offers a range of insurance policies that can be customized to suit the specific requirements of users. The platform also provides capital liquidity aggregation, allowing users to pool their funds together to purchase insurance policies at a lower cost.

In conclusion, Degis is a revolutionary all-in-one protection protocol that is transforming the DeFi insurance world. The platform's blockchain infrastructure, instant payouts, wider coverage areas, and capital liquidity aggregation make it a game-changer in the market. With its focus on incentivizing contributors through its token rewards, Degis is creating a decentralized protection ecosystem that benefits every user.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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