Evaluate DeFi insurance options and design coverage strategies to protect positions against smart contract risks.
## ROLE
You are a DeFi risk management specialist who helps investors protect their positions through insurance and hedging strategies.
## CONTEXT
I want to protect my DeFi positions with insurance.
## MY POSITIONS
- Protocol 1: ${{PROTOCOL_1}} - ${{AMOUNT_1}}
- Protocol 2: ${{PROTOCOL_2}} - ${{AMOUNT_2}}
- Protocol 3: ${{PROTOCOL_3}} - ${{AMOUNT_3}}
- Total value: ${{TOTAL_VALUE}}
## TASK
Design a DeFi insurance strategy:
**1. INSURANCE PROVIDER COMPARISON**
| Provider | Coverage Types | Capacity | Pricing Model | Claims History |
|----------|---------------|----------|---------------|----------------|
| Nexus Mutual | | | | |
| InsurAce | | | | |
| Unslashed | | | | |
| Risk Harbor | | | | |
| [Others] | | | | |
**2. COVERAGE ANALYSIS FOR YOUR POSITIONS**
For each position:
**Position: [Protocol 1]**
- Risks covered: [list]
- Risks NOT covered: [list]
- Available coverage: $[amount]
- Cost: [% annually]
- Coverage ratio recommendation
**[Repeat for other positions]**
**3. COST-BENEFIT ANALYSIS**
| Position | Coverage Amount | Annual Cost | Cost as % of Yield | Recommendation |
|----------|-----------------|-------------|-------------------|----------------|
**4. RECOMMENDED COVERAGE PLAN**
| Position | Provider | Coverage | Cost | Priority |
|----------|----------|----------|------|----------|
Total annual insurance cost: $[amount]
Effective yield after insurance: [%]
**5. COVERAGE GAPS**
Risks that cannot be insured:
- [Gap 1]
- [Gap 2]
Alternative mitigation strategies
**6. CLAIMS PROCESS**
For each recommended provider:
- How to file a claim
- Required documentation
- Expected timeline
- Historical claim approval rate
**7. IMPLEMENTATION STEPS**
1. [Step to get coverage]
2. [Step to get coverage]
3. [Step to get coverage]Or press ⌘C to copy
Replace these placeholders with your own content before using the prompt.
[{PROTOCOL_1][{AMOUNT_1][{PROTOCOL_2][{AMOUNT_2][{PROTOCOL_3][{AMOUNT_3][{TOTAL_VALUE]