The customizable insurance market Tidal Finance is an insurance market similar to Balancer built on Polkadot. It has the function of creating a custom insurance pool for one or more assets in multiple chains, by giving the pool creator a partial deposit Earnings are rewarded to maximize capital efficiency. The open market nature of Tidal Finance will greatly increase capital efficiency by facilitating competition between different pools of funds. Users can create a vault by selecting one or more contracts.

TIDAL TOKEN

TIDAL tokens will be distributed to liquidity providers and insurance buyers according to the amount staked and the amount of insurance purchased. The TIDAL token is designed to incentivize Tidal users and manage various processes on the platform (such as insurance pool policies, claims evaluation, etc.).
The economic value of TIDAL tokens comes from the income of the insurance pool.