InsurAce.io is proud to announce our latest partnership with a DeFi protocol powered by BSC network – TEN Finance.
TEN Finance leverage on the innovations brought to the market by first generation DeFi projects and integrates emerging technologies to enhance yield optimization in a simple yet efficient manner.
TEN Finance simplifies the staking and lending process with the most liquid Liquidity Pools and Tokens while providing a robust yield earning and lending environment for their users.
To create a seamless and streamlined process where even new users in DeFi can utilize, Ten Finance have been designed with these features in mind
- TENFI Purchase – Users stay within the $TENFI ecosystem by buying directly on Ten.Finance (Visa & Mastercard coming soon)
- TENZap – Creating LP’s directly on Ten.Finance with 3 clicks, keeping users engaged to $TENFI ecosystem
In a single platform, users can perform various functions such as Earn, Lend, Borrow & Swap. Simply put, TEN Finance is Decentralized Finance, simplified!
One of the core values that hold true to TEN Finance is the commitment to provide a safe and secure platform for their users. This is evident from two completed audits done by two of the largest security firms within the crypto space – Certik & Peckshield and they have also embarked on a bug bounty program with Immunefi, one of the leading bug bounty platforms.
With both our values aligned, we came into a partnership with Ten Finance. InsurAce.io listed Ten Finance on our dApp with an annual premium of 3.74%, a small premium to pay for peace of mind. Our Smart Contract Cover for Ten Finance provides coverage for users against hacks, bugs, and exploits.
With big plans to be a multi-chain DeFi protocol coming up for Ten Finance, we hope to support in any way possible by extending coverage to additional chains, extending our products and services to more users of Ten Finance.
This is just the beginning of a long and fruitful partnership. We believe that the best support we can provide to our partners is enabling insurance to be easily accessible and affordable to their users. Which is why our insurance options are KYC-free, helping users save up to 80% with our portfolio-style of coverage to protect all their assets across the 139 DeFi protocols on 20 different public chains that we currently cover.
About Ten Finance:
TEN, the Token Enrichment Network, is the next generation of Decentralized Finance, SIMPLIFIED. Powered by BNB Chain, TEN Finance leverages the innovations brought to the market by first generation DeFi projects and integrates emerging technologies to enhance yield optimization in a simple yet efficient manner.
TEN simplifies the staking and lending process with the most liquid Liquidity Pools and Tokens while providing a robust yield earning and lending environment for the users.
TEN is Decentralized Finance, Simplified!
Join Ten Finance community:
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 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 other top funds.
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