InsurAce.io Polygon Deployment!
InsurAce is launching their 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.
InsurAce.io are now the first insurance protocol to deploy on these three ecosystems.
Meanwhile, they have 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.
They aim to be the leading insurance protocol on the Polygon ecosystem and contribute to the safety of projects and Polygon users.
Given their previous experience launching our Ethereum & BSC mainnets and all of the developments in the past few weeks, they are very confident in this launch. However, there are a few new additions to their app that you should check out. These include:
> Cross-chain bridge for $INSUR to polygon in 2 ways:
- our proprietary ETH-BSC-Polygon bridge;
- the polygon official bridge
> The trading pair is launched on Sushiswap Polygon
> New staking pool setups on Polygon, with high yields for early stakers
With the deployment to Polygon, the $INSUR token has been created there as well. N.B. this is not the issuance of new tokens and does not affect the total circulation of $INSUR, which remains to be 100,000,000 in total. The $INSUR token on Polygon can be found here:https://polygonscan.com/token/0x8a0e8b4b0903929f47C3ea30973940D4a9702067$INSUR token on Polygon
About InsurAce.io
InsurAce.io Protocolis 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 byDeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital and a dozen of other top funds.
SOURCE: https://blog.insurace.io/insurace-io-polygon-deployment-509f247cfbec
