# Web3Shield

> Building the Insurance Layer for Web3

Web3Shield provides on-demand insurance for crypto transactions through one-click coverage for restaking, bridging, and other Web3 activities.

Web3Shield is an insurance layer for Web3 that enables Insurance Wrapped Transactions across multiple blockchain activities. The platform offers user-centric insurance solutions for restaking, cross-chain bridging, wallet security, and trading through flexible distribution modes including browser extensions and API integrations.

- Type: Company
- Sector: Insurance
- Status: Active
- Profile: https://thegrid.id/profiles/web3shield

## Products

- [EigenShield](https://thegrid.id/profiles/web3shield): EigenShield is an onchain insurance protocol for EigenLayer restaking that covers risks such as slashing, operator malfunctions, and protocol vulnerabilities. Users add one-click coverage during restaking without changing their flow. (Onchain Insurance, Live, Main Product)
- [BridgeShield](https://thegrid.id/profiles/web3shield): BridgeShield is an onchain insurance protocol for cross-chain bridge transactions that covers risks such as bridge hacks, delays, relayer malfunctions, and smart contract issues. Users can secure transfers with one-click coverage at the time of bridging. (Onchain Insurance, Live)

## Assets

- [Shield Token (SHLD)](https://thegrid.id/profiles/web3shield): SHLD is the utility token of Web3Shield. It is used to pay insurance premiums with discounts, stake in reinsurance risk pools to earn rewards, and receive claim payouts. Stakers can access zero-fee insurance coverage for restaking and bridge transactions, while the token operates on a deflationary model where platform revenue is allocated to buy back and burn tokens. (Utility)

## Links

- [Main](https://www.web3shield.com)
- [Documentation](https://docs.web3shield.com)
- [Blog](https://www.web3shield.com/latest-blogs)
- [Twitter / X](https://x.com/web3shield)
- [LinkedIn](https://linkedin.com/company/web3shield)

## Legal

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP