Safe is a mining project for insurance. Users can pledge yNFT and other tokens to exchange SAFE tokens.
Yieldfarming introduces a new type of farming - insurance mining. The purpose of the project is to encourage farmers to buy insurance for their staked assets and hold shares in yNFTs on the platform (allocated to them through yinsure.finance). In return, stakers will receive $SAFE.
Since yInsure provides two types of insurance currencies (ETH and DAI), there will be two pools, one is yNFT(ETH) and the other is yNFT(DAI). The user's reward rate to the yNFT pool is calculated based on the "adjusted coverage value". This value is calculated by (when you stake) multiplying the original insurance amount by the percentage of time remaining until maturity.