Degis announced a new collaboration with Trader Joe to offer protection for Trader Joe via Protocol Protection.
In addition to $JOE Price Protection, Degis will offer game-changing insurance coverage to Trader Joe users by integrating Trader Joe into cross-generational Protocol Protection product. They hope the collaboration can protect Trader Joe users from on -chain risks , and provide them with a safer crypto environment. Trader Joe Integrates Degis – How does Protocol Protection work? Protocol Protection is the next-generation protection product that offers exhaustive protection for all kinds of on -chain risks . Whether it is a smart contract hack, a cross-chain bridge theft, or a series of protocol security events such as rug pull, Degis will provide users with corresponding protection. “Protection Pool + Priority Pool” Design Degis Protocol Protection pools consist of two parts: Protection Pool and Priority Pool. The Protection Pool is the pool that provides protection to all insured protocols on Degis platform. Under Protection Pool, there are specific priority pools for ever...