<span style="font-weight: 400">Cryptocurrencies are known to be extremely volatile assets, and the crypto marketplace is highly unpredictable. Any factor can lead to worst-case scenarios such as inflation that in turn can greatly affect digital assets. </span>
<h2><strong>The Birth of Degis</strong></h2>
<span style="font-weight: 400">Incubated by the Hong Kong University of Science and Technology, the cryptocurrency insurance project Degis protects users’ assets from all possible risks involved. Built on the Avalanche network, the all-in-one protection protocol Degis aims to combat token volatility, digital wallet risks, temporary loss of funds, and smart contracts insurance. </span>

<span style="font-weight: 400">Earlier today, Degis took to Twitter to announce the launch of their product. </span>

https://twitter.com/ProjectDegis/status/1506498873136939011
<h2><strong>First Product Launch of Degis</strong></h2>
<span style="font-weight: 400">As per the <a href="https://degis.medium.com/naughty-price-intro-db957c77e772">announcement</a> shared by Degis today, Naughty Price Protection will launch on April 1, 2022. The objective of Naught Price is to shield users from “highly fluctuated token prices.” As the market is volatile most of the time, the protection of prices is especially essential to the crypto space.</span>

Crypto Insurance Project Degis Launches Naughty Price Protection

Degis built on the Avalanche network has launched its first product called Naughty Price Protection to protect users' digital assets.

Priyanka is an active crypto enthusiast. Having graduated with a BA in Journalism and Mass Communication, she is a passionate content writer with a strong understanding of financial content. She has been writing on crypto and blockchain-related topics for the last three years and is an active trader.

Crypto Insurance Project Degis Launches Naughty Price Protection

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