InsurAce.io is pleased to announce the latest partnership with Moonpot, furthering an existing partnership with Beefy Finance.
Moonpot is a win-win savings game powered by Beefy Finance and launched on BNB Chain in July 2021. Since then the ecosystem has grown to include NFTs, plans for a GameFi platform, and a multi-chain future thanks to Moonpot’s launch on Fantom.
InsurAce’s multi-chain approach allows users of Moonpot to be protected across any of the chains they choose to use to interract with Moonpot.
Users can deposit crypto into one of the Moonpots and immediately earn interest on their assets each and every day. Once in a Moonpot users are also entered into a weekly prize draw at the same time. It’s simple: everyone in each pot is in with a chance of winning big-money Moonpot prizes paid out in crypto. And everyone always earns interest.
They can then use the InsurAce app (app.insurace.io) to protect their deposits for just 2.95% annually.
Users’ deposits gives them tickets for the prize draw. But even if they don’t win they can always get their crypto back with added interest.
There’s nothing better than a deposit that always gets bigger while also giving you the chance to win big-money prizes. It’s literally win-win.
“We’re delighted to be working with the Beefy Finance team on this great new project, it’s great to be able to bolster existing partnerships and help both projects grow. Moonpot is a really exciting new approach to DeFi and we think it will be a tremendous success.” Dan Thomson, CMO InsurAce.io
With upcoming deployments onto Polygon Network and Avalanche, Moonpot will be expanding its multichain functionality, and InsurAce will be right there beside them to offer the protection that users need against smart contract vulnerabilities.
Moonpot is a win-win prize game on BNB Chain and Fantom that rewards everyone who takes part. Deposit crypto in one of our savings pots and you are automatically entered into a regularly held prize draw. Moonpot has already given out millions of dollars in prizes (paid in crypto).
Your deposit acts as your entry ticket, but is never at risk. Even if you don’t win the Moonpot prize, your deposit will always get bigger thanks to the interest paid on your assets. Think of Moonpot as a crypto savings account that also enters you into a crypto prize game.
We are here to help as many people as possible grow their assets safely while having fun doing so. DeFi and Moonpot offer an alternative to banks — we believe in a world where savers are rewarded with growth rather than punished by inflation.
We are determined to build a future where saving is enjoyable, profitable, and open. Where crypto interest rates are people’s first choice. And where our savings pots and win-win prize games deliver financial freedom to all. We plan to bring as many people to DeFi as possible. Because decentralization is for everyone.
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 138+ protocols, safeguarding over $343M+ DeFi assets on 20+ 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.
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