Orion Money Has Partners With InsurAce
Orion Money’s vision is to be a cross-chain stablecoins bank and the best place in DeFi for stablecoin saving, lending, and spending.
Orion Money will be helping its users to purchase insurance with InsurAce.io by adding a pop-up box at the time of interaction with the protocol to allow for a simple click through to the InsurAce.io dApp, where the user can purchase insurance.
About Orion Money
Orion Money’s vision is to become a cross-chain stablecoin bank providing seamless and frictionless stablecoin saving, lending, and spending. Within the Orion Money stablecoin bank, we have three main products planned — Orion Saver, Orion Yield and Insurance, and Orion Pay.
Orion Money is capitalizing on a significant untapped opportunity in the stablecoin savings market. The majority of stablecoin savings solutions currently offer unappealing and unpredictable yields. Additionally, they are often siloed within their individual blockchains. Interoperability will be at the heart of Orion Money, and it will bridge these gaps by providing solutions that other stablecoin savings protocols have yet to offer.
About InsurAce
InsurAce Protocol is a Singapore based DeFi Insurance protocol that has quickly become the second-largest protocol in DeFi insurance. The INSUR token was released in February 2021 and has a circulating supply of 11 million INSUR tokens. There is a maximum release of 100 million INSUR Tokens which can be mined through staking on the protocol.
InsurAce is a decentralized 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 SCR mining programs to create sustainable returns for the participants, and provide coverage for cross-chain DeFi projects to benefit the whole ecosystem.
➡️Source:
https://blog.insurace.io/orion-forms-strategic-partnership-with-insurace-io-d36e1a1fa2db
