InsurAce.io Biweekly Updates (Nov 14 – Nov 27)

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

Product and Technology 

Add new network coverage:  

  • Beefy: Ethereum, Arbitrum and Optimism 
  • QiDao: Optimism 
  • INSUR token model V2 and governance in development 
  • Released new Claims page in APP https://app.insurace.io/claims 
  • Ongoing SEO optimization 

Business Development 

  • Officially launched the CDIS initiative 

Marketing and Press/Media Coverage 


Community 

  • Twitter followers: 42.6k 
  • Telegram members: 9.3k 
  • Discord members: 6.5k 
  • Instagram followers: 7.4k 
  • Reddit followers: 4.4k 

Statistics 

  • Total Value Locked: $13.45M 
  • Total Cover Sold: $351M 
  • Cumulative Cover Payment: $1.99M 
  • Total Users: 54473 
  • Total Token Holders: 11834 

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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