AAAAAAH! InsurAce.io confirms partnership with SCREAM, a lending protocol built on Fantom.

InsurAce.io and SCREAM are delighted to announce that they have formed a long-term partnership focused on asset security.

InsurAce.io and SCREAM have today confirmed a strategic partnership that has already seen SCREAM listed on the InsurAce.io dApp to increase security options for their users.

SCREAM is a highly scalable decentralized lending protocol that has been built and powered by the Fantom blockchain. SCREAM provides peer-to-peer lending solutions that are fully decentralized, transparent and non-custodial. SCREAM aims to build high-velocity markets for more traditional crypto-asset lending services, but with the goal of improving overall capital efficiency across a wider range of Fantom-based assets.

As of the time of writing, SCREAM offers the following high-liquidity money markets with dynamically-adjusted incentives:

  • WETH
  • WBTC
  • WFTM
  • DAI
  • USDC
  • fUSDT

Users’ security has always been important to the team at SCREAM and they were very keen to be listed on InsurAce.io to give their community the chance to protect against any potential hacks or fraud on their platform. 

SCREAM users can purchase protection against any potential smart contract vulnerabilities via: app.insurace.io.

“We’re far from scared to announce our partnership with the team at SCREAM. Initial discussions helped us understand that they were also aligned with their dedication to user experience, community engagement and safer transactions for all. We are also delighted to expand our own coverage on Fantom and we’re looking forward to working together over the coming months and years.” Oliver Xie, Founder, InsurAce.io

For further information on what is covered, please refer to our terms and conditions here: Learn More

About SCREAM:

SCREAM is a highly scalable, decentralized lending protocol powered by Fantom.

SCREAM is one of the largest peer-to-peer lending platforms, native to Fantom. Users can directly supply and borrow assets on our platform, attaining the most competitive yields. Currently, the protocol supports the largest range of assets to lend and borrow, with options for the community to vote on the introduction of new collateral assets.

Join SCREAM community:

Website | Twitter | Telegram | Discord

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 108+ protocols, safeguarding over $240M DeFi assets on 16+ public chains.

InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey Group, Huobi DeFi Labs, Hashed, IOSG, Signum Capital, Long Hash Ventures and a dozen of other top funds.

Join InsurAce.io community:

Website | Twitter | Telegram | LinkedIn | Announcements | Medium

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