InsurAce.io Biweekly Updates (Feb 06 – Feb 19)

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

Product and Technology

  • Add new network coverage: Curve (Aurora, Celo and Moonbeam), Sushiswap (Boba, Optimism and Metis), 1inch (Optimism, Arbitrum, Gnosis, Avalanche, Fantom, Aurora), DODO (BOBA, Optimism, Avalanche), Autofarm (Harmony, Aurora, Moonbeam), Beefy (Aurora, Moonbeam), iziSwap (Ethereum, Arbitrum, Polygon, Cronos)
  • FTX Custodian Risk Cover Claim Settlement: 2 claims submitted and approved with a total payout of $16,839.14
  • INSUR token model V2 and governance in development
  • Ongoing SEO optimization

Marketing and Business Development

  • AMA with Magpie
  • AMA with Gearbox
  • AMA with Fenbushi Capital
  • Galxe & Polygon campaign Join to mint NFT

Community

  • Twitter followers: 42.8k
  • Telegram members: 8.7k
  • Discord members: 6.4k
  • Instagram followers: 7.3k
  • Reddit followers: 4.4k

Statistics

  • Total Value Locked: $11.9M
  • Total Cover Sold: $370M
  • Cumulative Cover Payment: $2.1M
  • Total Users: 57798
  • Total Token Holders: 12008

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 $370M+ 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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