Congratulations to the Winners of InsurAce Product Test Event

Dear Community,

We are thrilled to announce the successful close of InsurAce’s Product Test Event. We feel humbled and grateful towards the great support and help that we received from all the participants in this event. All the suggestions are well received from Gleam entrance, InsurAce Forum and our communities. After team’s full-scale evaluation based on criteria including quality of the suggestion, possibility of implementation, executability etc, we are now announcing the winner list of the event.

Some Statistics:

Number of participants: around 12,000 globally;

Number of wallets connected: 4276;

Number of Covers: 46079;

Number of Claims: 1280;

Number of DAI Stakers: 985;

Number of ETH Stakers: 2419;

Total DAI Staking Amount: 97242715.61 DAI;

Total ETH Staking Amount: 20728.84 ETH.

Winner List:

InsurAce set up a prize pool of $10,000 in our earlier announcement, and now, in order to extend our special thanks for the participants’ precious time and good suggestions, we are now offering a much bigger Prize Pool of 18,000 $INSUR tokens (current LBP price is $6.06 each)🏆.

Total number of winners: 120

Check the Winner List here👇

The rewards will be sent to the winners through airdrop within 2 days after the completion of InsurAce LBP event.

📢 InsurAce LBP will be ended at UTC 13:59:59 March 17th (21:59:59 SGT)

Our Congratulations and Thanks go to our dear users who provided us with the most valuable suggestions to help us in the continuous improvement of InsurAce product. In the future, we will keep working on the product and offer the best product and services to make DeFi insurance reliable, carefree and accessible for all.

About InsurAce

InsurAce is a decentralized insurance protocol, aiming to provide reliable, robust and carefree DeFi insurance services to the DeFi users, with very low premium and sustainable investment returns. InsurAce’s highlights include “0” Premium, Enriched Product Line, SCR Mining and Sustainable Return. InsurAce’s mission is to redefine DeFi insurance and protect users from security risks with user-friendly product accessibility and capital efficiency.

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