We just keep building at Solace. On Friday, February 4th, Solace will go live on the Polygon network! We’re excited to get one step closer to offering Solace’s simple, intelligent, and efficient protection tools on the Polygon ecosystem.
What is Solace?
Solace is a crypto protection protocol that offers protection against smart contract exploitations. Through our current and upcoming offerings, users can get coverage for their crypto positions with ease.
Solace separates itself from other coverage protocols in a few ways.
It’s Simple: Buying cover for products takes just a few clicks, with only a few inputs. File a claim and get paid in the same transaction. We make every part of the process simple.
It’s Intelligent: Solace manages risk exposure in the most accurate and sophisticated way possible. Our risk management does not rely on human voting or market bias, but quantitative (e.g. statistics, probability, etc.) and qualitative (e.g. audits) measures.
It’s Efficient: Solace’s underwriting pool is funded with protocol-owned capital, and it pools the risk across all of its products, which ultimately translates to affordable premiums.
About Polygon
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
