arPro

Aggregated hybridized coverage

arPro is an upgrade of arCore. It is an innovative new cover concept which will increase profits for coverage providers while reducing costs for end users.

arPro features:

• Direct monthly coverage so that Armor doesn’t need to pay NFT stakers a markup or subsidize their costs with reward emissions

• Easy ability for contracts (both Protocols and arShields) to plug into the system to enable bulk coverage sales to protocols in addition to users

• Perpetual coverage so contract doesn't need to be pinged / bill doesn't need to be paid every month

• Ability to aggregate multiple protocol specific Layer 1 coverage provider.

• Ability to aggregate protocol agnostic Layer 2 coverage (utilizing Armor LPs as collateral). L2 can be cross leveraged to provide coverage for multiple protocols, thereby multiplying revenue.

• Hybridized cover: arLayer will have the ability to set the sequence of payouts in the case of a hack.

  • Layers in parallel coverage (eg. 50% from L1 and 50% from L2)

  • Layers in series coverage (eg. 50% from L1a first; if exhausted, only then pay the overage with L2)