Degis is The 1st decentralized insurance covering both on-chain and off-chain risks on Avalanche. Degis is aimed to build a new insurance ecosystem to protect users from both on-chain and off-chain risks. Unlike traditional insurance, Degis allows anyone who has access to blockchain to purchase the product, including those from countries where insurance industry is not well developed. A P2P trading platform, Bazzar, will also be developed to provide liquidity and allow access to these users. At Degis, we believe that the future of insurance will be built on-chain. Comparing with existing protocols such as InsurAce, Nexus Mutual and Helmet, we believe that the new form of insurance should not only protect users for their on-chain assets, but also assets off-chain.