Today, we are excited to announce a partnership with Shield Finance, a Multi-Chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to prevent dumps and black swan events.
- Shield Finance will deploy Market Crash Protection contracts for Poolz. These contracts will allow the $POOLZ token holders to buy protection against a potential crash due to market-wide sell-off. $POOLZ token holders will have a right to sell $POOLZ at a guaranteed price (no matter what the market price will be). More information: Market Crash Protection.
- Poolz will place a link to Market Crash Protection contracts for $POOLZ on their website and place a link to Market Crash Protection contracts on their website.
Denis Gorbachev, CEO of Shield Finance, said: “Our partnership with Poolz is an important step towards deploying our Market Crash Protection contracts. This step will be of great benefit for $POOLZ token holders and help to boost trust for both projects. We look forward to further collaboration with Poolz towards a better DeFi adoption”
Guy Oren, Poolz CEO, said: “Shield Finance offers a valuable use case to our token holders. The service Shield Finance offers is a great advantage for both the investors and the ecosystem and we are thrilled to have this collaboration today”.
About Shield Finance
Shield Finance is a multi-chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to hacks, exploits, rug pulls, sell-offs, and other black swan events. We are currently integrating multiple insurance providers to provide our users with reduced slippage and expansive coverage.