InsurAce.io Biweekly Updates (May 16 – May 29)

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

Product and Technology

  • Updated the SCR system to improve the capital management
  • Ongoing SEO optimization

Marketing and Business Development

  • Partnership with Ten Finance Read more
  • Partnership with Deri Protocol Read more
  • AMA with BabySwap
  • Joined Twitter Space with DeFi insurance protocols
  • Hosted Twitter Space in InsurAce community

Community

  • Twitter followers: 41.4k
  • Telegram members: 10.9k
  • Discord members: 5.9k
  • Instagram followers: 7.9k

Statistics

  • Total Value Locked: $50M
  • Total Cover Sold: $343M
  • Total Premium Sold: $1.98M
  • Total Users: 47462
  • Total Token Holders: 11217

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 120+ protocols, safeguarding over $340M+ 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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