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About ARMOR

TheArmor (ARMOR) is a protocol developed to provide protection to the users for the funds held on different DeFi protocols. The protocol aims to offer a solution for any type of hacking, thereby enabling a quick, self-regulating, and pay-as-you-go coverage for users’ funds. The Armor system claims to detect any types of changes in the balance on supported protocols and prompts users to adjust their plans accordingly. Besides, if the platform that holds the users’ funds is hacked and the claim is approved, they are entitled to get complete compensation for the losses.

DeFi applications are the most appealing targets for hackers. The open-source software can provide hackers with enormous, immediate payments that can easily be made untraceable. Considering this, users need the maximum protection feasible to protect their funds. Thus, Armor aims to ensure that whatever funds a user has on a hacked platform will be properly returned in the simplest way possible, ensuring that their funds are never at risk.

Even the Armor seeks to provide protection covers and insurance policies to the users due to such instances. The project works by establishing the NFTs in the users' accounts representing the taken cover amount. Consequently, it aims to track the accurate information of users’ account funds. If the account gets hacked during cover protection, then it can be instantly compensated after the claim approval.

As per the whitepaper of Armor, it has the governance token 'ARMOR.' The token operates on the Ethereum network. The token provides users with some voting rights on the platform.

The Armor (ARMOR) token was launched on January 23, 2021. Robert M.C. Forster is the cofounder of Armor-fi. The maximum total supply of the ARMOR is 750 million tokens.Moreover, the platform has Christopher Hearey (community manager), Rus Huges (CTO), Romke Jonker (development manager), and various other team members.

Market

France Market Stats

Market cap

-

Volume (24h)

-

Circulating supply

-

All time high

€1.79

Price change (1h)

0%

Price change (24h)

+0.02%

Price change (7d)

-0.03%

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Web3 foundation Matera announced it has raised $3.6m in a strategic token round, reserved to future users of the Matera technology. Investors include Sidedoor Ventures, backers of Sui’s Mysten Labs and Polygon; OG crypto syndicates HighCass Crypto and Medusa Ventures, metaverse project The Sandbo...

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ARMOR is on the decline this week.

The current price is €0.0024 per ARMOR with a 24-hour trading volume of €0.00. Currently, ARMOR is valued at 99.87% below its all time high of €1.79. This all-time high was the highest price paid for ARMOR since its launch.

The current circulating supply of ARMOR is 0 ARMOR which means that ARMOR has as total market cap of 0.

FAQ

What is the current price of ARMOR?

We update our ARMOR to EUR currency in real-time. Get the live price of ARMOR on Coinbase.

What is the market cap of ARMOR?

The current market cap of ARMOR is €0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of ARMOR?

The all-time high of ARMOR is €1.79. This all-time high is highest price paid for ARMOR since it was launched.

What is the 24 hour trading volume of ARMOR?

Over the last 24 hours, the trading volume of ARMOR is €0.00.

What other assets are similar to ARMOR?

Assets that have a similar market cap to ARMOR include Areon Network, xNFT Protocol, Galaxy Coin, and many others. To see a full list, see our comparable market cap assets.

How many ARMOR are there?

The current circulating supply of ARMOR is 0.

Can I buy ARMOR on Coinbase?

Yes, ARMOR is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy ARMOR guide.

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