InsurAce.io Biweekly Updates (Aug 08 – Aug 21)

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

Product and Technology

  • New Cover Listing: iZiSwap, KnightSwap
  • New Feature: Claim cancellation User Guide
  • Deployed to Goerli testnet in preparation of Ethereum Merge
  • INSUR token model V2 and governance in development
  • Ongoing SEO optimization

Marketing and Business Development

  • AMA with GAINS Associates
  • Participated YouTube LIVE Session: Office Hours hosted by Bumper Team
  • Released Updated Roadmap (check here: LINK)
  • Spotlight of 3 different protocols picked by BNB Chain for the MVB Incubation Program:
  1. Space ID Protocol
  2. Zash
  3. Aperture Finance
  • Started our weekly DeFi Glossary for our community to understand basic words used in the DeFi Industry.

Community

  • Twitter followers: 40.6k
  • Telegram members: 11.9k
  • Discord members: 9k
  • Instagram followers: 9.3k
  • Reddit followers: 2k

Statistics

  • Total Value Locked: $18.03M
  • Total Cover Sold: $342M
  • Total Premium Sold: $1.95M
  • Total Users: 50975
  • Total Token Holders: 11627

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 130+ protocols, safeguarding over $340M+ DeFi assets on 20 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

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