New Product Launch by InsurAce.io

InsurAce.io announced the launch of the latest insurance products: Stablecoin De-Peg Cover and with it, Bundled Covers.

De-Peg cover provides protection in the event of a Stablecoin moving significantly below its pegged price.

Their Bundled Covers allows users to take advantage of two or more of our insurance products in one neat package.

These new products will be available from as little as 0.6% annual premium costs, with a combined initial capacity of $14 million.

These new insurance products add to Smart Contract Vulnerability, IDO, and Custodian Insurance services already offered via the InsurAce.io dAPP

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%.

📰 INFO

https://blog.insurace.io/new-product-launch-stablecoin-de-peg-cover-and-bundled-covers-59f19ca16161