Following two successful months since the launch of our Ethereum Mainnet, and one month since our multi-chain V1 launch, InsurAce is extremely proud to announce the launch of our BSC-Ethereum INSUR token bridge and insurance services on BSC mainnet as the start of our multi-chain V2 expansion.
InsurAce is the first insurance protocol to be able to offer BSC and ETH options to users, providing more flexibility and lower fees for insurance customers.
Users are now able to EARN BEP-20 INSUR tokens for mining, INSURE their assets with BSC tokens through the InsurAce app, SWAP their ERC-20 INSUR tokens for…
Hello, and welcome to our AMA session, one of our first over voice on discord, and the first one with our new Director of Marketing and Business Development. We’ve got some great questions, but please feel free to send us any more as we go along. Oliver Xie, founder of InsurAce
Let’s get started…
AMA transcript 29th April 2021
INSUR Needs more partnerships with other project and cross- chain with BSC
We are constantly working on partnerships, and have a BSC protocol coming out soon so that we can offer our services to BSC tokens and protocols. …
Dear InsurAce Community & Investors,
As you probably have seen our announcement on Wednesday 21 April, we are going to launch our Ethereum Mainnet on Monday 26 April 2021. The staking for the insurance pool will start at 14:00 UTC (22:00 SGT) and insurance services will be enabled once the TVL hits 5M USD.
For more details, kindly refer to this medium post.
We have come a long way to get here, which we could not have achieved without your past support. To ensure a smooth mainnet launch, I would like to seek your help again in possible ways below.
InsurAce is scheduled to launch to Ethreum mainnet on 26 April 2021, and start the staking service from 14:00 UTC onwards. This is a user guide on how to farm on the InsurAce protocol at its launch.
Risk Reminder: Unlike staking on other types of DeFi protocols, insurance protocol staking has more risks which may cause loss to your staked assets. Please read the following documents in our documentation before making your stakings.
Once you have read all the settings and understand the risks, but still decide to participate in…
Dear InsurAce Community, following a recent claim, we would like to take this opportunity to remind you of our claims process. Details of the recent claim are here. The Claims Process is highlighted at the bottom of this post.
We have received a claim request over the weekend, and the Advisory Board has completed the investigation process (check attached report for reference, the proposed verdict is: Reject the claim). Now we need users to stake INSUR tokens to become claim assessors and vote on the claim.
The full report can be found by clicking here
mStable is an autonomous and non-custodial infrastructure for pegged-value crypto assets built on Ethereum and Polygon. mStable is a protocol that unites stablecoins, lending and swapping into one robust and easy to use standard. Specifically, mStable is: A permissionless protocol for unifying, securing and governing tokenised assets. An SDK for DApps and exchanges to simplify and expand stablecoin user experience.
mStable was begun in Melbourne, Australia, in late 2018. It was initially designed to address the fragmentation of stablecoin markets and the challenges to adoption and use that arose from this.
It has been a comparatively quiet two weeks here at InsurAce in terms of announcements. We have listed some fantastic projects like Alpha Homora V2, Uniswap V3, Anchor (Terra Chain), Thorchain, Convex Finance and Sushiswap (polygon), and established a new partnership with Autofarm. But our team has been focused on our upcoming launches of BSC and HECO products. The formal announcements of these will be released soon, along with many other exciting new partnerships and developments.
Thank you for your continued support of InsurAce.
- Oliver Xie, founder
Kindly find out below what we have achieved during the…
SushiSwap is a software originally running on Ethereum that seeks to incentivize a network of users to operate a platform where users can buy and sell crypto assets.
Similar to platforms like Uniswap and Balancer, SushiSwap uses a collection of liquidity pools to achieve this goal. Users first lock up assets into smart contracts and traders then buy and sell cryptocurrencies from those pools, swapping out one token for another.
One of a growing number of decentralized finance (DeFi) platforms, SushiSwap allows users to trade cryptocurrencies without the need for a central operator administrator.
InsurAce already lists Sushiswap on Ethereum…
InsurAce is proud to announce a new partnership with Autofarm, a yield farming aggregator built on BSC, HECO and Polygon. Users of Autofarm will be able to insure their staked assets against smart contract vulnerabilities and reduce their investment risk.
Autofarm offers their “Vaults”, earning users the best yields automatically through auto-compounded yields with optimised gas fees, and their “Swap”, which automatically splits your trade across multiple DEXes to ensure the best prices and lowest slippage possible.
Who doesn’t like to earn passive income? We all want it, and this is what staking does. Staking has become the hottest trend in the crypto space. It not only allows users to generate extra income but also helps to secure the crypto ecosystem. But are there any risks associated with staking cryptocurrency? What are those risks?
In this article, we have covered the risks that come with staking.
What is Crypto Staking?
Cryptocurrency staking means locking cryptocurrency to receive rewards. It involves holding your funds in the crypto wallet to ensure the decentralised crypto network’s security, integrity, and continuity…
InsurAce, Insure Your DeFi Journey