What is Kohin V1?
Kohin V1 focuses on providing an insurance layer to users of major decentralized betting platforms like Azuro. This version allows bettors to insure their bets, offering a straightforward risk mitigation tool for a diverse range of bet types.
Key Features:
- Policy Issuance & Premium Calculation: Users can easily purchase insurance for their bets, with premiums dynamically calculated based on risk metrics.
- Insurance Settlement: In case of a loss, the claim process is automated and transparent, offering a hassle-free experience.
- Earn Fees as a Liquidity Provider: Liquidity providers can add liquidity to the insurance pool and earn fees from the profits generated, making it a rewarding opportunity for those looking to participate in the decentralized insurance ecosystem.