InsurAce.io is delighted to confirm their partnership with Tinlake, an open, smart-contract based marketplace of asset pools, powered by Centrifuge.
InsurAce.io are pleased to announce their latest strategic partnership which will allow Tinlake users to protect their digital assets kept within the platform.
Tinlake is a fully decentralized financing protocol that interoperates with different blockchains and plugs into a variety of funding sources. Through Tinlake pools, businesses or ‘Asset Originators’ can responsibly finance real-world assets such as invoices, mortgages or streaming royalties through DeFi and access bankless liquidity. They do this by tokenizing their financial assets into NFTs (non-fungible tokens) and use these as collateral in their Tinlake pool to finance their assets.
Tinlake is the investment app from Centrifuge, a network that provides access to fast, cheap capital for small businesses and stable yield for investors.
As part of Centrifuge’s commitment to reducing risk and increasing security, they were quick to confirm this partnership which allows InsurAce.io to protect Tinlake users against smart-contract vulnerabilities.
“We are delighted to confirm this partnership and to list Tinlake on our dApp. We have been impressed with the team at Centrifuge and their accountability to protect their Tinlake users. We’re looking forward to working together and reducing DeFi security risks from now and into the future.” Oliver Xie, Founder, InsurAce.io
Tinlake has been listed on: app.insurace.io allowing users to purchase cover today. For further details of what is covered with our policy, please click here.
About Tinlake/Centrifuge:
Centrifuge is a network that provides access to fast, cheap capital for small businesses and stable yield for investors.
Tinlake is Centrifuge’s investment application that acts as an open marketplace of real-world asset pools. Investors can look through pools provided by Asset Originators and invest in the ones that work for them.
Join Tinlake/Centrifuge community:
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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 91+ protocols, safeguarding over $200M DeFi assets on 14+ 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.
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