InsurAce Biweekly Updates (May 17 — May 30)

Dear Community,

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

Product and Technology

  • Launched Multi-Chain insurance services expanding coverage to Binance Smart Chain (BSC), HECO, Polygon, Solana and Fantom, as well as coverage on Centralized Exchanges including FTX, Huobi, Binance and Coinbase Read more
  • Launched IDO Event Risk Cover Read more
  • InsurAce multi-chain bridge under development
  • Cross-chain deployment to BSC and HECO under internal testing
  • Data Module Enhancement (Cover List, Total Rewards Distribution, and etc.)
  • UI Enhancement (Dashboard -> My Claims, T&C Links, Partnership, and etc.)
  • Gas Fee Optimization for staking withdrawal
  • Multi-Currency Support for Cover & Claim
  • Ongoing SEO optimization

Marketing and Business Development

  • Partnership with 88mph Read more
  • Partnership with Elrond Read more
  • Partnership with Bella Protocol Read more
  • Partnership with Dora Factory Read more
  • Meme Contest Read more
  • Launch of our education series on medium — educating about DeFi & DeFi insurance
  • Built Indonesian Community on Telegram, Join here
  • Built Vietnamese Community on Telegram, Join here
  • Built Latin American Community on Telegram, Join here
  • Built Turkish Community on Twitter & Telegram, Join here
  • Attended CONSENSUS by Coindesk

Press Coverage


  • Twitter followers: 13k
  • Telegram members: 14k
  • Youtube Subscribers: 2.46k
  • Instagram followers: 9k+
  • Total Value Locked: $17.3M
  • Total Value Covered: $9.3M
  • Total Premium Paid: $30k


  • Application channel open for project team or community members to submit protocol coverage request. Link: Apply to be listed

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 $43 million market cap based on a circulating supply of 11 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, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital, LongHash Ventures and a dozen of other top funds.

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