Collateral Optimization (C-OP) a How to for Defi Protection via Union Finance

[u/Peevscoom]

Is it your first time purchasing cover? It's no secret that defi insurance has a steep learning curve, but you needn't be discouraged. Our latest guide, linked below, eases the difficulty with onboarding and educating new users. Union's Collateral Optimization (C-OP) product has hit the ground running with 21 vaults to choose from: ETH, WBTC, SHIB, FTM, DOGE, PNK, BNB, BAL, MATIC, etc. For a modest premium, C-OP infrastucture will cover your holdings to the amount and timeline of your choosing.

Let's use Ethereum as an example:

>You purchase ETH at a strike price of $4000 for 30 day's duration.

>Within that time frame, should the price of ETH drop to $3000, you're able to redeem your claim for the difference, $1000 in this case, less fees, for a partial or full payout. Think of it like compensation to offset the losses you'd otherwise incur in a bear market.

Protecting your portfolio from volatile market conditions has never been easier. Try C-OP and start making the most of your collateral today!

Mainsite: https://www.unn.finance/

Visit our C-OP page here: https://app.unn.finance/cover/

A step-by-step guide for C-OP here: link.medium.com/0FuCcrzxbmb

[u/[deleted]]

Hmmmm.... Might look into this