we are all safe

what is $SAFE actually going to do?

lord safu @chefinsurance has multiple products lined up. he has said he will collaborate with andre on some.

the first product he has described aims to solve the problem of NFT/cover mismatch
if you want to buy cover right now, you can only buy it in non-fungible blobs.

for example, you want to cover your 4.5 eth position on balancer? or your 41.2 eth position in yearn?
at the moment you’re going to get overhang – parts of your position that are not covered

what’s more – maybe this is just personal taste – but the UX of buying 1 unit of cover per unit of exposure is much more intuitive
granular cover ALSO lends its hand much better to automation in the future, much better than NFT-based solutions
$SAFE makes a liquid sea of insurance cover, rather than a bunch of odd blocks

this, and its kyc-less nature, has atomic potential to burst the market for SC insurance products wide open

super excited to see what lord safu has in store next
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