InsurAce Biweekly Report

InsurAce.io Biweekly Updates (MAY 29– JUN11)

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

Product and Technology 

  • New cover listing: Exactly Protocol, Carbon, Alpaca Finance V2 
  • Add new network coverage: Trader Joe (Arbitrum, BSC) 
  • INSUR token model V2 and governance in development 
  • Ongoing SEO optimization 

Marketing and Business Development 

  • Community AMA announcing NFT avatar campaign winners 
  • Published Summary of Hacks in May Read more 
  • Attended ETHPrague   

Community 

  • Twitter followers: 42.4k 
  • Telegram members: 7.5k 
  • Discord members: 6.9k 
  • Instagram followers: 7.1k 
  • Reddit followers: 4.4k 

Statistics 

  • Total Value Locked: $6.28M 
  • Total Cover Sold: $373M 
  • Cumulative Cover Payment: $2.13M 
  • Total Users: 68587 
  • Total Token Holders: 12294 

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 140+ protocols, safeguarding over $380M+ 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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