InsurAce.io Biweekly Updates (Mar 21 — Apr 3)

InsurAce.io Protocol
InsurAce.io Blog
Published in
3 min readApr 3, 2022

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Kindly find out below what we have achieved during the past 2 weeks:

Product and Technology

  • New Cover Listing: Fodl Finance, AVVE V3, Notional Finance, Goldfinch, Deri Protocol and Moonpot
  • Added new network coverage: Homora V2 — Fantom
  • Expanded coverage to Optimism chain
  • Completed Binance Wallet integration
  • Launched Multi-chain insurance aggregator Read more
  • Added support for cover cancellation Read more
  • Implemented dynamic pricing model Read more
  • Released shared public API key Get Key
  • Ongoing SEO optimization

Marketing and Business Development

  • Received development grant from Polygon
  • Partnership with Zenlink Read more
  • Partnership with Elephant Money Read more
  • AMA with Centrifuge
  • AMA with Defrost Finance
  • Published InsurAce V2 Litepaper Read more
  • Co-organzied Safe Space Event with Hacken at Avalanche Summit in Barcelona
  • Attended Binance Blockchain Week in Dubai

Community

  • Twitter followers: 40.3k
  • Telegram members: 11.2k
  • Discord members: 5.9k
  • Instagram followers: 7.9k

Statistics

  • Total Value Locked: $48.98M

Total Cover Sold: $314M

Total Premium Sold: $1.80M

Total Users: 41043

Total Token Holders: 11070

About InsurAce.io

InsurAce.io is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.

At the time of writing, InsurAce.io has provided coverage to 120+ protocols, safeguarding over $310M+ DeFi assets on 20 public chains.

InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital, LongHash Ventures and a dozen of other top funds.

Join our community: https://linktr.ee/insurace

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