Read on to earn a huge 50% Premium Rebate for insurance purchased for 88mph V3
Terms & Conditions
- Promotion: 50% rebate on premium in $INSUR token, only for Smart Contract Cover on 88mph V3
- Promotion period: 27/10/2021, 9PM SGT — 27/11/2021, 9PM SGT
- Rewards will only be given by using this referral code: 1003844876871153922812567390869716010948231798944
- Rewards will be distributed immediately after the user successfully purchases the cover using the referral code above. The user can check and claim the rewards anytime at Dashboard -> My Reward
Get your assets locked on 88mph V3 protected here: Buy Cover 📊🚀
To learn more about 88mph and our cover promotion, kindly join our community call with 88mph later at 7pm CET, 27/10/2021 on their Discord 📣🕖 http://discord.gg/95pw2uQ7PE
88mph offers a series of fixed-rate APY pools for various assets, such as DAI, USDC, WBTC, and ETH. When users/protocols deposit assets into an 88mph pool, they earn fixed-rate yield that is redeemable at maturity, as well as MPH tokens as a deposit incentive.
For example, a 12-month deposit of 100 DAI will deliver a fixed yield after 12-month. If the fixed yield rate at the time of deposit was 10%, then the 88mph protocol delivers 10 DAI of yield to the depositor when the deposit reaches its maturity one year later.
Under the hood, 88mph pools lend deposited funds to variable-rate yield protocols such as Aave or Compound. To learn more about how 88mph converts a stream of variable-rate yield into fixed-rate yield, check out our documentation.
InsurAce.io Protocol is a DeFi Insurance protocol that has quickly become the second-largest protocol in DeFi insurance. The $INSUR token was released in February 2021, followed by a mainnet launch to the Ethereum Network in April 2021.
InsurAce.io is a decentralized insurance protocol, covering 60+ protocols on 8+ chains, built 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, up to 60% lower than other protocols, simultaneously reducing gas fees by up to 50%.