In 2020 we saw a huge growth of DeFi and in our opinion, it was the beginning of a new era in the global financial system, as classical banking services no longer satisfy customers’ needs. Low interest rates on fixed deposits have been pushing users of traditional banking products into the DeFi world. That’s why we have decided to create the Zunami Protocol — the future of bank deposits.
By doing many interviews based on customer development, we have discovered that the majority of potential users are afraid of using DeFi due to the risk of losing all the funds.
Indeed, during 2020 more than $500M was stolen via crypto thefts.
However, there is a way to protect yourself from losses, by using a number of reliable DeFi insurance companies specialized on protecting crypto funds.
After careful analysis of many decentralized insurance projects, both local and global, we have picked armor.fi by Nexus Global as the safest and most reliable. According to our analysis it meets all the safety requirements, as well as providing liquidity enough for fulfilling the needs of the Zunami Protocol at this time.
Zunami Protocol will be the first crypto project in the world where all users’ funds will be 100% insured (100% TVL).
The selection of strategy for marking interest primarily depends on interest rate and insurance availability. So when a user deposits crypto funds they automatically become insured. In addition, to make it even more secure we’re negotiating terms with several audit companies, so before product launch all of our smart contracts will be carefully audited.
We strongly believe in the future, where DeFi apps replace classic banking apps and fiat money becomes a relic of the oil and gas era. Meanwhile, the safety of users’ crypto funds is our top priority. We build Zunami Protocol — the safest stablecoin manager.
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