Sree (zalatar)

Sree

Learning the way of the world

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Kind of a long shot, but @cqb, I'd love your opinion on what I'm building 🙏(I've been reading your content, and I love the way you think) I’m experimenting with a new DeFi primitive for "insurance" against smart contract risks. It works more like the way sailors used to do it. Everyone pools their risk. Then people bet on whether an incident occurs in the next epoch (week/month/etc.). People who sell risk for security in this bet are insured. People who sell security for more risk provide liquidity. I'm currently targeting yield farmers, but I can't get more traction (testnet deposits on CoverMax.io) What am I doing wrong? Am I targeting the wrong audience? Am I reaching the audience the wrong way? Any advice would help!

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here is more info on how CoverMax actually works btw: https://medium.com/@jules.foa/covermax-the-a-b-c-of-insurance-c3e55b1204f2

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