InsurAce and Marinade Finance Are Officially Partners

Published on: 19.03.2022

InsurAce.io adds some flavor to its partnership portfolio by confirming a long-term relationship with Marinade Finance.

Marinade.Finance is a non-custodial liquid staking protocol built on Solana. Marinade allows users to stake $SOL with its platform using automated staking strategies and receiving mSOL (marinated SOL) for usage in DeFi.

  • Full control over tokens and associated accounts
  • Unlock stake and use it in DeFi
  • Open-sourced and permissionless delegation formula with more than 450 validators
  • Stake and delayed unstake without charges or fees
  • 1.95% fee on rewards which is the lowest in the market
  • Native Solana community and contributor-driven governance

Marinade and InsurAce.io were keen to confirm their partnership as they share some common company values. Both companies are passionate about transparency, collaborative work and improving security options in the blockchain industry.

As a result of this partnership, InsurAce.io has already listed Marinade on their dApp and cover can be purchased to protect against smart contract vulnerabilities.

“We are really happy to have agreed on this partnership with the team over at Marinade. Solana is a rapidly growing protocol and projects that utilise its technology is being noticed. We see the potential in their project and we were pleased to see their dedication towards protecting their own users. We’re looking forward to collaborating over the coming weeks and months on new ideas.”Oliver Xie, Founder, InsurAce.io

ABOUT Marinade Finance
Marinade.Finance is a non-custodial liquid staking protocol built on Solana. You can stake your SOL tokens with Marinade using automated staking strategies and receive “marinated SOL” tokens (mSOL) that you can use in decentralized finance (DeFi).

Website | Twitter | Discord | Medium

ABOUT InsurAce
InsurAce.io is a decentralized multi-chain 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 flexible underwriting mining programs to create sustainable returns for the participants, and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.

Website | Twitter | Telegram | LinkedIn | Announcements

RESOURCES
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