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WSOTE Soteria
WSOTE Price
$2.08283
-10.61% 24H Volume
$267.58K
Soteria Info
Soteria is a blockchain based mutual to share the risks of DeFi.
Smart Contract increased risk in the DeFi world needs a decentralized solution. Soteria is designed as a decentralized mutual. All members share the contract risk and returns for cover and capital growth.
Project developers and smart contract auditor will conduct decentralised risk assessment and fund the initial stake pool in Soteria.
The Native Soteria token represents membership. Tokens are used to purchase smart contract cover, claims assessment, underwriting and governance. All capital funds belong to Soteria members.
Run by members. Claims are decided by members not an insurance company. The economic model driven by tokens will ensure claims are handled for mutual long-term growth.
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