According to BlockBeats, on September 19, Ethereum co-founder Vitalik Buterin posted on social media that, in my opinion, insurance DAOs are underestimated. N people who are concerned about similar risks pool their funds together and agree to provide protection for anyone who is at risk. The symmetric model ensures that the imbalance of interests is smaller.
If necessary, the DAO can still hire professional claims judges, but their incentives are fair and just because no participant knows whether they will be the beneficiary next time.
Similar patterns have existed in the past and even persist in some places today.
