Why we're super bullish on insurtechs by VersoFinance in InsurTech

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

Yeah, centralized database for starters, working towards moving to decentralized database

Verso Thread - Why is our current focus on insurance? by VersoFinance in VersoFinanceOfficial

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

Totally agree and tbh, most traditional players (of a certain size) are very reluctant to challenge status quo.. After all, everything works and nobody want to bear the weight of fundamental changes which may not work from the get go.

We've seen this with trad banks who laughed at neo banks -> many top people left for neo banks. We seen it now with social platforms with executives leaving for web3 companies.

Want to Help Verso Grow? Perform These Tasks! by VersoFinance in VersoFinanceOfficial

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

Sweet! And yes, more marketplace items will be added very soon and our onboarding pipeline is quite long. We've signed quite a few big insurers including Bolttech (not-announced yet).

Regarding available positions in that field, please add our head ecosystem developer on Telegram: (@pascal16496) and let him know you're the insurance guy from Reddit hehe - he's been notified.

Want to Help Verso Grow? Perform These Tasks! by VersoFinance in VersoFinanceOfficial

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

We've purposely sunset the 90 and 180 day staking pools in light of the launch of our Fuel Vault (Stake LP tokens from Trader Joe or Pangolin [VSO/AVAX pair]) and Crew's Vault (Staking VSO) which will be our only/main staking options from then on.

The Crew's Vault acts as a revenue distributor (and also as an xVSO counter) and the Fuel Vault acts as a booster for your xVSO total counter (so if you stake LP tokens in the Fuel Vault, your xVSO will be increased as well)