InsurAce Biweekly Updates (April 19 — May 2)

Dear Community,

From this week onwards, InsurAce will start to publish the biweekly report to our community. Kindly find out below a brief summary of what we have achieved during the past 2 weeks.

Product and Technology

  • Completed audited by SlowMist [Read more]
  • Launched Mainnet with staking services [Read more]
  • Launched Insurance Services [Read more]
  • Cover pricing model optimization on Mainnet
  • Gas fee optimization [Read more]
  • UI improvement for websites and App
  • Ongoing SEO optimization

Marketing and Business Development

  • Partnership with dHedge [Read more]
  • Partnership with Signum Capital [Read more]
  • Partnership with Literntry [Read more]
  • Oliver (Founder) spoke at Bull Cycle of Long Run, a webinar hosted by ArkStream Capital
  • Dan (Marketing Director) attended Video Conference hosted by Odaily
  • InsurAce Community AMA on Discord
  • Telegram AMA with Sommelier Community
  • Launched blog posts on publish0x
  • Built project profiles on Instagram, Linkedin, and more social media channels

Key Statistics

  • Twitter followers: 6900 (up from 6500)
  • Token Holders: 2104 (up from 2046)
  • Total Value Locked: $19.69M
  • Total Value Covered: $810.7K
  • Total Premium Paid: $898.60


  • Onboarded Dan Thomson as BD & Marketing Director [Read more]

About InsurAce

InsurAce Protocol is a DeFi Insurance protocol that has quickly become the second largest protocol in DeFi insurance. At the time of writing, the protocol has a $55 million market cap based on a circulating supply of 9 million INSUR tokens. There is a maximum release of 100 million INSUR Tokens which can be mined through staking on the protocol.

InsurAce is a new decentralized insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with SCR mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.

InsurAce is backed by DeFiance Capital, Parafi Capital, Hashkey group, Alameda Research, Huobi DeFiLabs, Hashed, IOSG Ventures, Signum Capital, LongHash Ventures and a few other renowned investors.

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