Vitalik: The insurance DAO model is underestimated, and the symmetric model can bring fairer incentives

Ethereum co-founder Vitalik Buterin wrote on X platform that in my opinion, insurance DAOs are underestimated. N people who are concerned about similar risks pool their funds and agree to provide insurance for anyone who suffers the risk. The symmetric model ensures that the imbalance of interests is smaller. If necessary, DAOs can still hire professional claims judges, but their incentives are fair and just because each participant does not know whether the next beneficiary will be himself. Similar models have existed in the past and even exist in some places today.