The Decentralized Finance (DeFI) insurance and coverage provider Tidal Finance will be executing a version of their platform on the Oasis Network as announced by the Oasis Foundation, which is an offshoot of Oasis Network Developers, Oasis Lab.
Users of the platform of Oasis scales, its DeFi offerings and those working with Oasis, confidential smart contracts, will benefit from the insurance. Anonymous democratized voting will that preserves the privacy of user and voters will be deployed by Tidal.
Ethereum’s DeFi still made a similar move, where myriads of projects are debuting new insurance platforms or planning to bake coverage directly into their offerings at the protocol layer.