Recently, the WCT ecosystem has welcomed a significant innovation by launching the "Node Failure Insurance" service through a strategic partnership with a decentralized insurance protocol. This new initiative not only provides additional security guarantees for staking users but also showcases a fresh approach to risk management in the blockchain field.

The insurance scheme is cleverly designed, allowing users to obtain coverage by paying a small amount of WCT. In the unfortunate event of a node failure resulting in reward loss, the insurance mechanism will compensate for up to 80% of the loss, settled in WCT tokens. This innovative risk hedging mechanism has quickly gained market recognition, and since the launch of the insurance service, the number of staked users in the WCT ecosystem has significantly increased by 18%.

It is worth noting that this service has particularly attracted the attention of risk-tolerant investors. By introducing an insurance mechanism, the WCT ecosystem not only enhances its financial service system but, more importantly, strengthens user confidence and sense of security. This combination represents an important development direction in the field of Decentralization Finance (DeFi), which is how to provide users with more comprehensive risk management tools while maintaining the essence of decentralization.

With the continuous development of blockchain technology, innovative initiatives like WCT may become industry standards, driving the entire cryptocurrency ecosystem towards a more mature and resilient direction. This not only helps attract more traditional investors into the crypto market but also lays the foundation for the long-term healthy development of Decentralization finance.

In the future, we may see more innovative products like this emerge, further enriching the toolbox of risk management in the blockchain world, making cryptocurrency investments safer and more reliable.