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Anonymous

20 Oct 2021

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Cryptocurrency

Anchor Protocol Earn

For those using, did anyone get insurance coverage for it?

Discussion (3)

What are your thoughts?

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I used Anchor Earn previously but didn't buy insurance. Regarding the depegging, i believe UST will recover its peg eventually if it were to lose it. As for the third party risk, I believe every platform has that including custodian stock brokerages, yet no one buys insurance for those. So even though the insurance is only 1-2% premium, I don't see much point in it

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