ozone protocol terra
Ozone is basically an algorithmic mutual insurance protocol aims to provide levered coverage against technical risks in participating in the Terra DeFi ecosystem. SECURITY AND CONTROL Users are in. Ozone Insurance Is Now Live On Terra R Terraluna Ozone is a decentralized insurance mechanism that provides coverage in the event of technical failures on the Terra DeFi ecosystem. . With all LUNA from the community pool being burned and many upgrades being implemented there is always a high chance for technical risk. At first the project found initial success in South Koreas e-commerce industry where thousands of merchants adopted the Terra-powered Chai mobile payments app to offer discounts to their customers via the UST stablecoin. 4 With Ozone Terras DeFi ecosystem will be backstopped by an insurance mutual protocol that facilitates leveraged coverage of technical failure risks to apps in the Terra DeFi ecosystem. Risk Harbo