Project Update | 2021.3.19

Mutual DAO System (MDS) is the first global mutual aid system based on blockchain & smart contract, which also leverage DAO (Decentralized Autonomous Organization). It combines the traditional mutual insurance model with blockchain and smart contract which provide a low operation cost and guarantee of compensation for risks.

The investment institutions of MDS include well-known blockchain VCs such as Fenbushi Capital, Danhua Capital, Fundamental Labs and etc.

We gratefully thank all the community friends and MDS fans that the project could not go far without your support and trust. MDS project focuses on long-term development, and our community will always follow the principle of fairness and transparency. We biweekly release our project updates in form of the following progress journal:

MDS DeFi Insurance Contract


MDS Mutual Pool 1 – DeFi Mutual Insurance Contract

Any DeFi user can buy MDS from Uniswap, then join this pool through Metamask or other Ethereum wallet. The contract will cover below DeFi contracts including MakerDAO, Compound, Uniswap, Aave,

Product to launch:

MutualDAO Market – DeFi Insurance Aggregator

MutualDAO Market will combine price, active users, NFT and will support cross-chain (including ETH, Heco, BSC etc).
With more and more DeFi insurance protocol, user do need a insurance aggregator market that can help to choose the best protocol.

MDS Governance

MutualDAO listed on snapshot, all MDS holder and vote the proposals there
Snapshot is a off-chain, gasless, multi-governance community polling dashboard used by many DeFi projects.

Screen Shot 2020-11-27 at 18.30.18

Blockchain Insurance Trends

The first quarter of 2021,DeFi insurance market is super active. Tidel Finance, an alternative insurance market in Polkadot, which has just completed a million-dollar private equity financing in early March, announced that it will conduct IDO on Balancer on the 25th of this month. At the same time, Helmet, an insurance project based on Binance Smart Chain (BSC) also announced that it has acquired strategic investment from Binance, and also announced other public chain token pre-sale platform and NFT option products built through option logic. According to the previous DeFi insurance protocol, InsurAce has also announced that it has completed millions of dollars in strategic financing, and InsurAce has launched the Ethereum Rinkeby testnet.

For decentralized insurance, the key to its operation is the risk sharing mechanism. This is not a new concept that emerged from the development of the DeFi wave and the sharing economy. As early as the 1940s, John von Neumann and Oskar Morgenstern published the "Game Theory and Economic Behavior" and it created a modern theory of risk sharing. They used the idea of restructuring risk to make the expected utility value of risk taker's wealth, and successfully created the Expected Utility Theory. Since then, Arrow in 1953 and Debreu in 1959 proposed General balance analysis under uncertain conditions. Karl Borch published the Arrow‘s equilibrium theory in 1962. The general equilibrium model was introduced and promoted to analyze the problem of risk allocation under uncertain conditions, and proposed Borch's theorem on Pareto optimal risk allocation , which was successfully explained that in reality, how the risk-sharing mechanism works has made a great contribution to the theory of optimal insurance. Since then, Hans Buhlmann and other scholars have done continuous research on this concept.

With the continuous development of the social economy, based on the progress made in related theoretical research, a variety of commercial forms of decentralized insurance have gradually emerged in different national markets, thus replacing the popular online mutual assistance in the Chinese market and etc. In the next episode we will review the development of decentralized insurance in global market.

MDS Token Info

Total: 2,000,000,000
Total Circulating: 1,199,999,624

Data Source:


MDS Telegram Group


项目进度报告 | 2021.3.19


Mutual DAO System (MDS) 是世界上第一个基于区块链智能合约的互助系统,通过 DAO 自组织的形式实现更高效的互助保障(互助保险)平台。基于区块链接技术提供相互保障智能合约创建和使用平台,有效降低保障产品的运营成本,同时提供更高的保障资金安全性。MDS 的投资机构包括分布式资本、丹华资本、Fundamental Labs等著名区块链VC。

MDS 的发展离不开社区用户的支持与信任,我们对此表示由衷地感谢。我们专注于项目的长期发展,秉持公正透明的社区原则,以进度报告形式定期展示项目各方面进度,以下为最近一段时间的进度更新报告。

DeFi 合约保险开发


MDS Mutual Pool 1 – DeFi 合约安全保障互助

Screen Shot 2020-07-21 at 14.18.16
用户可以通过Uniswap购买MDS,并通过任意以太坊钱包参与,保障覆盖如下几个主流的DeFi产品,包括 MakerDAO, Compound, Uniswap, Aave,


MutualDAO Market – DeFi 保险产品聚合器

MutualDAO Market 将结合币价、数据、NFT功能,并提供跨链支持(ETH、Heco、BSC等)。
随着 DeFi 保险协议越来越多,市场也随之需要一个能够方便用户快速找到最合适的DeFi保险产品平台。


MutualDAO 上线 snapshot,支持通过 MDS 进行治理投票

Screen Shot 2020-11-27 at 18.30.18


2021年的Q1,DeFi保险领域颇为活跃。3月初刚刚完成百万美元私募融资的波卡生态上的可编程保险市场Tidal Finance宣布将于本月25日在Balancer上进行IDO。与此同时,基于币安智能链(BSC)的保险项目Helmet也宣布获得币安的战略投资,并公布了通过期权逻辑构建的其他公链代币预售平台和NFT期权产品。稍早之前,DeFi保险协议InsurAce也宣布完成了数百万美元的战略融资,并且InsurAce已上线以太坊Rinkeby测试网。

实际上,去中心化保险并不是一个全新事物。对于去中心化保险而言,其运营的关键是风险分摊机制。风险分摊并不是现在随着DeFi热潮和共享经济的发展而出现的新概念,早在上世纪四十年代,冯∙诺依曼(John von Neumann)和摩根斯坦(Oskar Morgenstern)就在《博弈理论与经济行为》中创立了现代的风险分摊理论,他们运用面对风险的当事人最大化其财富的期望效用值的思想,成功的创立了期望效用理论。此后阿罗(Arrow)在1953年,德布鲁(Debreu)在1959年提出了不确定条件下的一般均衡分析,卡尔∙博尔奇(Karl Borch)于1962年将Arrow的一般均衡模型加以推广,用来分析不确定情况下的风险分摊问题,并提出了关于帕累托最优风险分摊的博尔奇定理,成功地解释了在现实当中风险分摊机制是如何运行的,为最优保险理论做出了巨大贡献。此后Hans Buhlmann等学者对这一概念做了持续性研究。


MDS Token 信息




扫描二维码加入 MDS 社群