Market Crash Protection is a system of smart contracts that allows you to sell your tokens at guaranteed prices. Even if the market prices go lower, you can still sell at the guaranteed prices using Market Crash Protection (MCP). Call it a true stop-loss for DeFi tokens on DEXes.
Highlights on How Market Crash Protection works
- Connect your wallet on the MCP website.
- Click on the "Portfolio insurance" feature for the system to analyse your wallet.
- Click on "Insurance plan" to see which tokens are going to be insured with their guaranteed prices and cost of insurance.
- Click on "Buy Insurance" to sign the transaction.
- Sign transaction.
Once the transaction is confirmed on the blockchain, your portfolio is protected.
Alternatively, you can buy Market Crash Protection for each of the tokens in your portfolio.
To learn more about Shield Finance Portfolio Insurance With Market Crash Protection, read more here.
About Shield Finance
Shield Finance is a multi-chain DeFi Insurance Aggregator that allows users to buy protection against major market crashes due to hacks, exploits, rug pulls, sell-offs, and other black swan events. We are currently integrating multiple insurance providers to provide our users with reduced slippage and expansive coverage.