1/ DeFi Pulse Drop #9: 3F Mutual by @hakkafinance

3F Mutual is a rainy day fund designed to act as collective insurance against the risk of MakerDAO Emergency Shutdown.

3F's AMM design allows users to purchase insurance underwritten by 3F Mutual’s fund pool at any time.

2/ 3F Mutual's market-making mechanism aligns participant incentives to form a positive cycle that aims to increase insurance capacity, lower premiums, and increase revenue for the protocol and its underwriters.

This rainy day fund also produces dividends during sunny days...

3/ When you purchase insurance, you receive both insured units and shares which means you’re acting as both an insurance buyer and an underwriter for the pool.

Underwriters receive dividends in the form of 15% of all insurance fees paid to the pool.

4/ Learn more about how you can hedge your risks with 3F Mutual and/or earn dividends for providing capital to the pool.

Dive into the latest drop to learn more about how 3F Mutual functions and where 3F Mutual fits into the wider Hakka ecosystem http://defipulse.com/blog/3f-mutual 

5/ This is paid promotion for 3F Mutual and Hakka Finance as part of our DeFi Pulse Drops series where DeFi Pulse works with projects to launch their new features and builds. If you want us to work with you, please get in touch!