InsurAce Protocol

With InsurAce.io, users can rely on:

• Unbeatable Low Prices
• Cross-chain Coverage
• Multi-chain Accessibility
• Sustainable Investment Returns

Since its debut in April 2021, InsurAce.io has built full-spectrum cross-chain product lines that cover 140+ protocols and 3 CEX running on Ethereum, Solana, BNB Smart Chain, Polygon, Fantom, Gnosis, Arbitrum, Avalanche, Harmony, Celo, Cronos, Boba, ICON, Ontology, Moonriver, Moonbeam, Bifrost, Aurora, Optimism and Metis. InsurAce.io currently has live products deployed on Ethereum, BNB Smart Chain (BSC), Polygon, and Avalanche.

InsurAce.io started as initiative to establish a decentralized protocol that safeguards blockchain users' activities through cover protection. Inspired by early pioneers of DeFi platforms and their product designs, InsurAce.io came up with a portfolio-based approach that maximizes value for its end-users. While existing protocols build their foundations based on capital adequacy and consolidation, InsurAce.io advocates the practice of freeing up limitations through crypto security to help users realize better capital utilization.

Tokenomics

$INSUR, a standard ERC20 token, is the InsurAce protocol's governance token which is also used to incentivize participation in the ecosystem.

The current use cases for $INSUR tokens are as follows:

1. Representation of voting rights in community governance such as claim assessment, proposal voting, etc.
2. Mining incentives for capital provisions to the mining pool and investment products.
3. Eligibility to earn fees generated by InsurAce.io through governance participation.
4. Community and ecosystem incentives.

As the InsurAce protocol develops, more use cases will be introduced for the $INSUR token.