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Updating the Q-Cover Limit for Insurance Contracts

By Vinh Tien 07/09/2023
Updating the Q-Cover Limit for Insurance Contracts

Dear Nami community,

In order to reduce risks for users, Nami Insurance will adjust the maximum amount of Q-Cover for insurance contracts from 2023-09-07 11:00 (UTC).


  • New Q-cover limit: 10,000 USDT

Note: Nami Insurance reserves the right to modify, change or cancel this notice at any time and for any reason without prior notice.

Risk Warning: Trading digital assets carries a high level of risk for both significant profits and losses. All your margin balance may be liquidated in the event of drastic price fluctuations. The purchase of Nami Insurance does not mean that it will completely eliminate the risk in trading digital assets. The information contained herein should not be construed as financial advice from Nami Insurance. Use any trading strategy at your own risk. Nami Insurance will not be liable for any loss arising from insurance policies and digital asset trading activities.

About Nami Insurance

Nami Insurance is a decentralized hedging protocol applying Blockchain technology to provide a solution to support asset insurance when the market fluctuates against predictions.

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