InsurAce.io proud to announce that they are launching on Polygon (Matic) mainnet. This is a major step for their multi-chain insurance v2.0 where they expand to more public chain ecosystems and bring the insurance products and services to a wider audience in the DeFi space.

They are also received the development grant from the Polygon Foundation, which proves the recognition of InsurAce.io from the Polygon Team and strengthens the ties for upcoming collaborations.

Aim to be the leading insurance protocol on the Polygon ecosystem and contribute to the safety of projects and Polygon users.

About InsurAce.io

InsurAce.io 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, followed by a mainnet launch to the Ethereum Network in April 2021.

InsurAce.io is a decentralized insurance protocol, covering 60+ protocols on 8+ chains, built 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, up to 60% lower than other protocols, simultaneously reducing gas fees by up to 50%.

InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital and a dozen of other top funds.

The project lead for InsurAce is Oliver Xie, formerly the CTO in one of the three largest Singapore-based licensed derivative Exchanges and Clearing Houses.

SOURCE: https://blog.insurace.io/insurace-io-polygon-deployment-509f247cfbec