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Ease.org

Other · Underwriting · EASE

NetworkOtherUnderwritingMulti-Chain1 coinsVerified

Ease.org (formerly Armor) provides coverage vaults where users deposit assets into reciprocal protection pools. EASE governs vault parameters and the protocol's coverage allocation across integrated DeFi venues.

Coverage vaults and reciprocal protection for DeFi portfolios.

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Research

Components, facts, FAQ, timeline, and tokenomics in one place

Main components (5)

1

Uninsurance (Reciprocally-Covered Assets / RCA)

Ease's flagship DeFi-native coverage model. Users deposit yield-bearing tokens into RCA vaults; the deposited assets simultaneously earn yield and underwrite each other, so coverage carries no upfront premium and a fee only applies in the event of a validated hack. RCAs aim to cover the total value in a sector rather than a capped amount.

2

RCA Vaults

Per-protocol vaults where deposited capital is routed to an external DeFi protocol to generate yield while becoming covered. Vault capacity is dynamic and continuously rebalanced to spread shared risk across the system.

3

gvToken (gvEASE) governance & staking

Growing-vote token model launched September 2022. Depositing EASE mints an equal amount of gvEASE whose voting/staking power grows linearly over a year up to 2x. gvEASE is used to back specific vaults and to vote in the Ease DAO.

4

Ease DAO

On-chain governance for the protocol. gvEASE holders create and vote on proposals; a proposer needs 100,000 gvEASE delegated, and 50 million votes with an affirmative majority are required to pass a proposal. The DAO also decides validity of hack claims/payouts.

5

arNFT / arCore (legacy Armor.fi)

Original Armor.fi products: arCore pay-as-you-go cover brokerage built on Nexus Mutual capacity, and arNFT tokenized (transferable) Nexus Mutual cover. These predate the Ease rebrand and RCA model.

Differentiator

Reciprocal coverage vaults that spread risk across multiple protocols in one deposit — a portfolio-style underwriting wrapper.

Organizational structure

Units & roles

  • Robert Forster

    Co-founder and CEO of Ease.org; authored Armor's whitepaper describing the Reciprocally-Covered Assets system. Previously served as CTO of Armor.fi.

    Co-founder / CEO (former Armor.fi CTO)

  • Harry Kikstra

    Co-founder of Ease/Armor, cited alongside Robert Forster as bringing DeFi and smart-contract development expertise to the project.

    Co-founder

  • Ease DAO

    gvEASE-token holders govern the protocol, vote on proposals, and adjudicate the validity of hack claims. Proposal creation requires 100,000 delegated gvEASE; passing requires 50M affirmative-majority votes.

    Decentralized governance body

Investment rounds

DateRoundAmountInvestorsLink
2021-01-31Strategic backers (undisclosed)Undisclosed
Collider VenturesDelphi VenturesDivergence VenturesDeFiance CapitalAlameda Research1kxThe LAOBlocksyncBering Waters Ventures
Source

Similarity to traditional finance products

How Ease.org maps onto established TradFi structures, and where it diverges.

TradFi productSimilarity to Ease.orgKey differences
Mutual insurance / reciprocal insurance exchangeEase's Uninsurance mirrors a mutual/reciprocal exchange: members collectively pool capital to cover each other's losses rather than paying a for-profit carrier, and members effectively act as their own underwriters.There is no upfront premium (cost only accrues after a validated hack), the pooled capital simultaneously earns DeFi yield, payouts are decided by on-chain DAO vote rather than a claims adjuster, and everything is enforced by smart contracts on-chain.
Catastrophe (CAT) bondsEase's stNXM-style underwriting resembles a catastrophe bond: capital providers earn a yield/premium while their principal is at risk and is paid out only if a defined loss event (a hack) is confirmed.Coverage is perpetual and self-maintaining rather than a fixed-term instrument, capital is composable DeFi collateral, and trigger validation is a community/DAO process rather than a parametric or modeled trigger agency.

Data sources

Research agent