i have manually need insurance for safety?
Or no need to do purchase insurance manually?
But i have no more fund sir... If i have no insurance my fund is safe?
Your funds are safe if the protocol is save. If your worried about the safety of the protocol get an insurance, else not
But why i need to get insurance? For my wallet hack? Or anchor hack? I mean which is risky?
Smart contract risk , peg risk
From UST depeg or contract back
I am very confused about that what is smart contract actually?
In short, hack.
But one thing that my wallet or anchor protocol site? To risky?
Decide for yourself
So if i have no money for insurance then my fund is safe?
Site, your wallet can't be hacked until you give your seed phrase to any stranger.
If the protocol stays stabel and has no errors or weak points and UST keeps its Peg, yes. If not, not
According to me, yes. But that's your call if you want to take insurance or not.
Then what's the need for insurance then??
Withdraw some to pay for insurance, if the protocol is hacked you lost everything… that’s the risk
Please tell me some insurance sites please 😣 because of all are out of stock
Do you use a ledger ?
Not 😰 also i am new here and i have not proper knowledge about ledger. Only 5k$ invested in anchor protocol in ust stable coin earning
Ozone insurance the native insurance of Terra network
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