InsurAce.io Biweekly Updates (Aug 09 — Aug 22)

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

Product and Technology

  • New Cover Listing: Alchemix V2, Kyber, Perpetual, Harvest, Orion Money, dHedge V2 (Polygon), Impossible Finance, Pendle
  • Premium reduction: 1inch (BSC), AAVE V2 (Polygon), Convex, Alpha Homora and Pancakeswap
  • ​​APP UI enhancement: 1) imToken wallet integration; 2) INSUR Spot price from CoinGecko
  • Improvements on underwriting mining: 1) Shortened lock-up period from 30 to 15 days; 2) Increased pool staking capacity; 3) Removed individual staking cap
  • Shortened expired period for making claim request from 30 to 15 days
  • Completed API for getProtocolList, getCurrencyList, getCoverPremium, confirmCoverPremium and BuyCover
  • Submitted Dune Analytics Listing PR
  • APY rebalance under development
  • Service level integration with partners
  • Docs updates: Branding & Media Kit Download
  • Ongoing SEO optimization

Marketing and Business Development

  • Received Development Grant from Solana Foundation Read more
  • Partnership with Orion Money Read more
  • Partnership with Ape Board
  • Insurance Promotion: 24H Flash Offer
  • Branding update: logo, fonts, colours
  • Listed on Defi Pulse and Ape Board
  • dApp listed on imToken
  • Updated Twitter handle Join

Press Coverage

Statistics

  • Twitter followers: 14.8k
  • Telegram members: 12.1k
  • Youtube Subscribers: 2.46k
  • Instagram followers: 9k
  • Total Value Locked: $21.2M
  • Total Cover Sold: $50.3M
  • Total Premium Paid: $304.2k
  • Total Users: 924
  • Token Holders: 5232

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 50+ protocols, safeguarding over $50M DeFi assets on 8+ 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

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top