We are proud to announce that the $INSUR token is now listed on the Bitrue cryptocurrency exchange!
The $INSUR token is a revolutionary new token that powers a decentralized insurance platform and enables users to purchase and manage insurance policies on the blockchain. The platform is designed to make purchasing and managing insurance policies easier and more transparent than ever before.
The listing of the $INSUR token on the Bitrue cryptocurrency exchange marks a major milestone for the project, allowing users to purchase and trade the token with ease. Bitrue is a top-tier crypto exchange with a strong reputation for security, reliability, and customer service.
The listing of the $INSUR token on Bitrue is an important step towards making the token more widely accessible and increasing its liquidity. We believe that the listing of the token on Bitrue will help to drive adoption of the decentralized insurance platform and make the insurance industry more efficient and transparent.
We are thrilled to be partnering with Bitrue and are looking forward to seeing the impact that this listing will have on the $INSUR token and its users. We invite everyone to join us in celebrating this major milestone.
About the $INSUR token
$INSUR, a standard ERC20 token, is the InsurAce protocol’s governance token which is also used to incentivize participation in the ecosystem.
The current use cases for $INSUR tokens are as follows:
- Representation of voting rights in community governance such as claim assessment, proposal voting, etc.
- Mining incentives for capital provisions to the mining pool and investment products.
- Eligibility to earn fees generated by InsurAce.io through governance participation.
- Community and ecosystem incentives.
As the InsurAce protocol develops, more use cases will be introduced for the $INSUR token.
$INSUR token supply and allocation
Total supply: 100M $INSUR
| Token Distribution | Token% | Token Amt | Vesting Terms |
| Seed Round | 10.75% | 10,750,000 | 15% unlock upon token generation event (TGE), linear vesting/block over 2 years for the rest starting from the 3rd month after TGE |
| Strategic Round | 9.25% | 9,250,000 | 25% unlock upon token generation event (TGE), linear vesting/block over 2 years for the rest starting from the 3rd month after TGE |
| Team & Advisors | 15% | 15,000,000 | 5% unlock upon TGE, linear vesting/block over 2 years for the rest starting from the 3rd month after TGE |
| DAO Reserves | 18% | 18,000,000 | Reserved for liquidity provision on exchange listing, marketing initiatives, developer grants, bug bounty programs, strategic partnership, and long-term development of the platform |
| Initial Liquidity Bootstrap | 2% | 2,000,000 | Public sale on Balancer LBP for liquidity bootstrapping and promoting community awareness |
| Mining Reserves | 45% | 45,000,000 | In accordance with the mining schedules |
$INSUR distribution
The above token distribution plan may be subject to change via community governance from time to time.
How to Get $INSUR
$INSUR tokens have been listed on the exchanges set out below.
Centralized Exchanges:
| Exchange | Address |
|---|---|
| Bitrue | HTTP://www.bitrue.com |
| Huobi Global | https://www.huobi.com/en-us/exchange/insur_usdt |
| Bybit | https://www.bybit.com/en-US/trade/spot/INSUR/USDT |
Decentralized Exchanges:
| Network | Dex | Contract Address |
|---|---|---|
| Ethereum | UniSwap | 0x544c42fbb96b39b21df61cf322b5edc285ee7429 |
| BNB Smart Chain (BSC) | PancakeSwap | 0x3192ccddf1cdce4ff055ebc80f3f0231b86a7e30 |
| Polygon | SushiSwap Polygon | 0x8a0e8b4b0903929f47C3ea30973940D4a9702067 |
| Avalanche | Pangolin | 0x544c42fBB96B39B21DF61cf322b5EDC285EE7429 |
What is Bitrue
Bitrue is a leading digital financial platform developed by top blockchain and IT technology experts started in 2018. It provides global customers with trading & asset management services, including digital assets such as Bitcoin, XRP, Ethereum, and others.
Source: https://m.bitrue.com/m-static/banner/Bitrue_White_Paper_2.0.pdf
Source: https://m.bitrue.com/m-static/banner/Bitrue_White_Paper_2.0.pdf
Conclusion
The listing of the $INSUR token on the Bitrue cryptocurrency exchange marks a major milestone for the project, allowing users to purchase and trade the token with ease. Bitrue is a top-tier crypto exchange with a strong reputation for security, reliability, and customer service.
The listing of the $INSUR token on Bitrue is an important step towards making the token more widely accessible and increasing its liquidity. We believe that the listing of the token on Bitrue will help to drive adoption of the decentralized insurance platform and make the insurance industry more efficient and transparent.
We are thrilled to be partnering with Bitrue and are looking forward to seeing the impact that this listing will have on the $INSUR token and its users. We invite everyone to join us in celebrating this major milestone.
