InsurAce.io Protocol

InsurAce is a decentralized insurance protocol that aims to offer comprehensive and cost-effective DeFi insurance services. While acknowledging the role of other DeFi insurance platforms, InsurAce sees itself as a necessary addition to the expanding DeFi ecosystem rather than a competitor. \n\nThe organization uses a portfolio-based product design and a unique pricing model to reduce the cost of coverage. Combined with sustainable investment returns, this approach helps achieve a very low premium. InsurAce%27s services are also accessible without the need for KYC procedures, which makes the insurance protection they offer easy to use.\n\nInsurAce also offers a feature known as Solvency Capital Requirement (SCR) liquidity mining. Through this, those insured, insurers, and investors can earn InsurAce Tokens (INSUR) by staking into the insurance and investment pool. This process is meant to significantly increase the capital pool, cover capacity, investable capital, and further reduce insurance premiums.\n\nBeyond SCR Mining rewards, investors can also receive sustainable returns from investment products offered by InsurAce. This feature is an additional benefit aimed at attracting more users and investors to the platform.