Update the minimum price range ratio algorithm between P-Claim and P-Market
Dear Nami Insurance Community,
To better adapt to price fluctuations of digital assets on the market, Nami Insurance will update the minimum price range ratio algorithm between P-Claim and P-Market at 2023-11-10 13:00 (UTC).
Accordingly, the price gap ratio will be continuously updated every 10 minutes. Users can monitor this ratio for all digital assets supported by insurance on the Insurance market interface.
Nami Insurance reserves the right to modify, change, or cancel this notice at any time and for any reason without prior notice.
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