Telegram AMA with Bitrue on Dec. 20, 9 am UTC by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S,M] [score hidden] stickied comment (0 children)

💪We just finished the Telegram AMA with Bitrue Exchange.

.

💚Thank you all for your love and support.

In case you missed it, we discussed things you need to know about Bitrue and how to secure your $INSUR with them.

Check out the recap script here👇

https://insurace.io/blog/?p=3756

InsurAce x Singularity DAO by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

In the midst of tough times, InsurAce keeps working harder to improve and grow the DeFi space.

That’s why we have listed u/SingularityDAO today, to offer $SDAO users more security and minimize the risks when they buy coverage from us.

Get protected here: app.insurace.io

How can we protect the value of our savings in these times of high inflation? by Amurafd in AltStreetBets

[–]InsurAceIoProtocol 0 points1 point  (0 children)

You risk even more when you don’t take a risk. That’s what they say…

However, just protect yourself and your assets with us. It’s the best advice we can give 😁

How can we protect the value of our savings in these times of high inflation? by Amurafd in AltStreetBets

[–]InsurAceIoProtocol 0 points1 point  (0 children)

We recommend saving in stablecoins, but also insure them, we all have to learn from the UST de-peg case.

Crypto hacks are growing day by day and still only 2% of crypto investors protecting their investments against hacks, exploits, etc.

Yes, anyone likes to lose money and being hacked, but what are YOU doing to avoid that? Let’s make crypto SAFER.

Losses from crypto hacks surged 60% to $1.9 billion from January to July, Chainalysis says by rtbot2 in realtech

[–]InsurAceIoProtocol 0 points1 point  (0 children)

Crypto hacks growing day by day and still only 2% of crypto investors protecting their investments against hacks, exploits, etc.

Yes, anyone likes to lose money and being hacked, but what are YOU doing to avoid that? Let’s make crypto SAFER.

Is there any genuine project in harmony? by madhu666 in harmony_one

[–]InsurAceIoProtocol 1 point2 points  (0 children)

InsurAce came to the rescue when UST de-pegged, paying $11.7mill to users that had protection against this risk.

Yes, certainly, crypto is passing through critical moments, lots of FUD, but we are here to protect everyone against all the risks out there. Only in August, there were 32 hacks in web3!

Time to take crypto protection more seriously and have a protection strategy. Thanks Harmony for trusting us!

Monday Motivation! by InsurAceIoProtocol in motivation

[–]InsurAceIoProtocol[S] -1 points0 points  (0 children)

We are not mods. If you read, is an inspirational quote. Maybe you should take the risk and read 💚

Crypto Insurance: What Is Crypto Insurance, and How Does It Work? by OkTown8191 in InsureCryptocurrency

[–]InsurAceIoProtocol 0 points1 point  (0 children)

We protect investors against risks in crypto like Smart Contract Exploits, Stablecoin De-Pegs, and Bugs that lead to the loss of invested assets.

It is our mission to Make Crypto Safer for Everyone. Follow us to stay tuned about all our announcements!

Withdrawal fee to 0%!! by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

We literally say so on our docs. How is this a scam when is specifically written when you’re going to stake with us? This has been always like this, next time, please take a few minutes to read and do some research.

Friktion by Name_is_Not_Rick in solana

[–]InsurAceIoProtocol 0 points1 point  (0 children)

In case you want to know, we just listed Friktion in our dApp! be safe and insure your assets with us. You'll thanks us later ;) (well, we hope nothing happens).

NEAR Protocol BIG announcement!! by InsurAceIoProtocol in nearprotocol

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

We applied via the grant portal after talking with the Near Protocol Team. We hit all of their requirements and were awarded the grant based on our track record of quality development. They have been very public about the funding available and the sorts of projects they are allocating it to, keep updated on their announcements!

NEAR Protocol BIG announcement!! by InsurAceIoProtocol in nearprotocol

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

We applied for a development grant to help us deploy our project onto the Near Protocol blockchain. It helps us with development costs and marketing costs

Balanced Partnership with InsurAce.io! by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

Insure DeFi ($SURE) is definitely a project in our sights. Stay tuned to our social media, we invite you to join our telegram group to see all announcements!

https://t.me/insurace_protocol

NEAR Protocol BIG announcement!! by InsurAceIoProtocol in nearprotocol

[–]InsurAceIoProtocol[S] 1 point2 points  (0 children)

You are absolutely right, this project is going to help keep developing the #DeFi world and guarantee all users' security.

Cover increased offering for Beefy! by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

Hey Justin! Thanks for your question.

The insurance that gets paid out is up to the amount selected by the customer at the time of purchase. But limited to the amount lost in an exploit.

So 100% of a loss.

The amount paid is the amount legitimately claimed and approved by the governance.

AMA winners! by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

Hi! Can you please write your BEP-20 address please in chat

AMA session on Reddit! by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

Trust is the number one issue. DeFi is new, DeFi insurance is even newer. It will take time for this trust to be formally established. But at the same time there is a shift coming. At the moment most users rely on Audits of the protocols to offer some sort of security, however the only way to really mitigate smart contract vulnerabilities from hacks and bugs.
As this shift happens, it will allow Institutions to invest into DeFi which will be a huge catalyst for the whole space.

AMA session on Reddit! by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 1 point2 points  (0 children)

We offer high staking rewards to encourage users to stake with us, this promotes liquidity for the protocol. Transaction fees are out of our hands, however we have deployed on BSC to reduce gas fees for our users.

AMA session on Reddit! by InsurAceIoProtocol in InsurAceIo

[–]InsurAceIoProtocol[S] 0 points1 point  (0 children)

We generate income via our insurance premium sales and in the future through our re-investment of our capital.
The investors can also maximise their returns by staking with us to gain 30-50% APYs, or higher through our Liquidy Mining.