BlockBeats News, October 11th: The crypto market experienced intense volatility early this morning, with prices seeing a seismic event reminiscent of the “3·12” and “5·19” levels. In this extreme market environment, Websea’s contract insurance demonstrated strong risk protection capabilities. According to official data, as of the time of writing, the platform has generated over 10,000 contract insurance nodes, with coverage exceeding one million US dollars. It has provided risk protection to over 3,500 users, successfully fulfilling its “principal protection” commitment, showcasing Websea’s robust strength in risk control and user protection.
Websea’s contract insurance is the world’s first digital asset risk protection tool. Users only need to pay a 10 USDT premium to generate an insurance node, triggering a staged claims mechanism, and reshaping transaction risk management standards through innovative financial technology means. Websea is committed to providing a secure, efficient, and gamified Web3 trading experience for global young users, with its ecosystem token WBS playing a key role in driving platform value co-creation and long-term growth.
