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Marquee is a decentralised insurance platform that allows users to protect their digital assets and earn premiums while providing liquidity
Marquee is a decentralised insurance platform that allows users to protect their digital assets and earn premiums while providing liquidity. Marquee key features:
MARQ is the native token issued by the Marquee insurance protocol. MARQ can only be minted or destroyed by the protocol. MARQ is backed by a basket of assets in the vault. Every one MARQ is backed by one USDT or other stablecoins. To support the parity between MARQ and USDT, whenever the price of MARQ drops below one USDT, the protocol will purchase MARQ from DEXs and destroy it. However, MARQ can be traded at a price higher than one USDT in the market. The market price of MARQ above USDT is determined by market supply and demand.
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