It’s been an incredible two years since InsurAce entered the DeFi insurance landscape, delivering innovative solutions to Make Crypto Safer for all. To mark this milestone, we are excited to announce the launch of our exclusive InsurAce 2-Year Anniversary NFTs. Minted on the Ethereum network and airdropped to our most active community members, these unique and collectible digital assets are a way to show our appreciation for your support. In this blog post, we outline the eligibility criteria for receiving these limited edition NFTs and celebrate our latest product launch (Bridge Cover with LI.FI Bridge Aggregator ).
Eligibility Criteria for InsurAce 2-Year Anniversary NFTs
The NFTs will be distributed to the following categories of community members:
- Cover owners: Around 90 wallets of those who purchased 2 or more covers with over $100 premium between 31 Mar 2022 7:00 AM UTC and 31 Mar 2023 7:00 AM UTC.
- INSUR holders: Top 130 wallets, ordered by the sum of INSUR amount in the wallet and staked INSUR amount in INSUR pool. Wallets must have staked in the INSUR pool before.
- UST stakers: Top 130 wallets ordered by staked amount in underwriting pool or liquidity pool (excluding INSUR pool) as of 31 Mar 2023 7:00 AM UTC. These wallets were previously affected by UST payout.
- Lucky cover owners: 30 random cover owners who bought any cover between 31 Mar 2022 7:00 AM UTC and 31 Mar 2023 7:00 AM UTC.
- Lucky post-UST stakers: 20 random wallets who staked in the underwriting pool or liquidity pool (excluding INSUR pool) after 13 May 2022 05:00:00 UTC (UST trigger time) and were not affected by UST payout.
- Lucky INSUR holders: 20 random INSUR holder wallets with more than 1 INSUR either staked or in the wallet. Wallets must have staked in the INSUR pool before.
After removing duplicates, a total of 400 wallets will receive the airdrop.
Special Galxe Campaign
To celebrate our Bridge Cover product launch with LI.FI Bridge Aggregator , we have created a special Galxe campaign, giving ANYONE the chance to win one of these exclusive NFTs. The campaign is first-come-first-serve and extremely limited, we are happy to announce that there are 48 winners from the campaign.
Airdropping at the End of April
The InsurAce 2-Year Anniversary NFTs will be airdropped on the 27th April 2023. Winning wallets will be published at the time of the airdrop.
The remaining 50 NFTs of this exclusive run of 500 NFTs will be kept to be distributed over the coming months as we lead up to our V2 tokenomics.
We are grateful for your unwavering support over the past two years and are thrilled to share these exclusive, limited-edition InsurAce Anniversary NFTs with our dedicated community members.
InsurAce, a decentralized global risk cover protocol, offers mutual protection for digital assets against risks such as hacking, smart contract bugs, and stablecoin de-pegging. The platform features two membership-governed mutual pools and uses the $INSUR token for membership rights. With smart contracts issuing covers and a seamless user experience, the need for intermediaries is eliminated. The platform’s unique selling points include Low Fee Portfolio Cover, a Wide Product Range, SCR Mining, and Reliable Transparent Payouts.
InsurAce ‘s innovative approach includes portfolio-based coverage for a diversified risk management tool, support for DeFi protocols across multiple blockchains, and permissionless access for users. InsurAce is committed to continuous evolution, working on fair claims handling, adaptable coverage options, and collaboration with other DeFi protocols.
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