FairSide Network

Smart cover aggregator for DeFi

Details

FairSide is a next-generation cover protocol, powered by its native crypto token FSD. Through its decentralized cost-sharing network, the network aims to offer crypto users the same benefits that insurance has provided to traditional finance. FairSide members will pay a membership fee and will receive cost-sharing benefits for their future crypto loss events. Members will vote on whether the need of another member meets the community standard of an unfair cryptocurrency loss. If so, cost-sharing will be automatically distributed via a smart contract to the receiving member's wallet from the Capital Pool.

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Significant Events

2021-11-18

FairSide Network raised $ 4.2 M in funding round