Updated list of tokenization assets supporting insurance (November 2024)
23/11/2024

Dear Nami Community,

In order to improve safety & stability for users, and adapt to current market changes, Nami Insurance would like to announce that we will only support insurance for BTC and ETH, and stop supporting insurance for other assets and from 2024-11-24 08:00 (UTC), specifically as follows:

  • Available contracts will operate normally, users can proceed to manually close the contract before the insurance period ends (if eligible) or wait until the end of the period for contracts automatically closing.
  • The system will automatically close Limit insurance contracts with assets not included in the list of newly supported assets.
  • Official update of new supported assets list from 2024-11-25 08:00 (UTC).

Best Regards,

Further information:


Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Trading tokenization 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 tokenization 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 tokenization asset trading activities.


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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.