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Neptune Mutual

DeFi • Insurance

Decentralized Parametric Insurance

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Neptune Mutual is a decentralized insurance protocol designed for cryptocurrencies, utilizing a parametric model for claim assessment to streamline and enhance the payout process. Unlike traditional insurance, Neptune Mutual evaluates incidents rather than individual loss claims, ensuring that every policyholder receives payouts simultaneously in the event of incidents, all without the need for proof of loss. This innovative approach not only simplifies the process of obtaining insurance payouts in the cryptocurrency realm but also adds an extra layer of trust and reliability for policyholders. Neptune Mutual marks a significant step forward in improving security and confidence within the crypto space.