InsurAce Biweekly Report

InsurAce.io Biweekly Updates (AUG07-AUG20)

Product and Technology

  • INSUR token model V2 and governance in development  
  • New Protocol Listed: Orca, BabydogeSwap and GMX V2

Marketing and Business Development

Community

  • Twitter followers: 41.8k 
  • Telegram members: 6.9k 
  • Discord members: 5.9k 
  • Instagram followers: 7k 
  • Reddit followers: 4.4k 

Statistics

  • Total Value Locked: $3.93M
  • Total Cover Sold: $374M
  • Cumulative Cover Payment: $2.14M
  • Total Users: 72120
  • Total Token Holders: 12789

About InsurAce

InsurAce is a leading decentralised insurance protocol, providing reliable, robust and secure insurance services to DeFi users, allowing them to secure their investment funds against various risks. Being the 1st in the industry to offer cross-chain portfolio-based covers, InsurAce enables users to get unbeatable low premiums.

InsurAce has been live since April 2021 and has built a full-spectrum cross-chain insurance product line, covering Smart Contract Vulnerabilities, Stablecoin De-Peg events, Bridge Vulnerabilities, IDO risks, and Custodian Risks… protecting over $375m of assets of 20,000+ customers!

Previous Report: https://www.insurace.io/blog/?p=4264

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