Tinlake Has Partnered With InsurAce

Published on: 15.01.2022

Tinlake has partnered with InsurAce to provide insurance cover for digital assets.

Tinlake is a fully decentralized financing protocol that interoperates with different blockchains and plugs into a variety of funding sources. Through Tinlake pools, businesses or ‘Asset Originators’ can responsibly finance real-world assets such as invoices, mortgages or streaming royalties through DeFi and access bankless liquidity. They do this by tokenizing their financial assets into NFTs (non-fungible tokens) and use these as collateral in their Tinlake pool to finance their assets.

Tinlake is the investment app from Centrifuge, a network that provides access to fast, cheap capital for small businesses and stable yield for investors.

About Tinlake/Centrifuge

Centrifuge is a network that provides access to fast, cheap capital for small businesses and stable yield for investors.
Tinlake is Centrifuge’s investment application that acts as an open marketplace of real-world asset pools. Investors can look through pools provided by Asset Originators and invest in the ones that work for them.

About InsurAce

InsurAce is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce 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.

➡️Source:
https://blog.insurace.io/tinlake-and-insurace-io-confirm-partnership-to-provide-insurance-cover-for-digital-assets-a1badbdeb576

Market Stats:
BTC Dominance: 58.32%(+0.10%/24h)
ETH Dominance: 12.23%(-0.15%/24h)
Defi Market Cap: $105.37B(-15.98%/24h)
Total Market Cap: $3126.5B(-2.75%/24h)
Total Trading Volume 24h: $110.28B(-19.74%/24h)
ETH Market Cap: $382.19B
Defi to ETH Ratio: 27.57%
Defi Dominance: 3.28%
Altcoin Market Cap: $1303B
Altcoin Volume 24h: $66.82B
Total Cryptocurrencies: 36876
Active Cryptocurrencies: 8899
Active Market Pairs: 117495
Active Exchanges: 913
Total Exchanges: 11696
BTC: 91303.48$(0.2%/1H)
ETH: 3167.16$(0.53%/1H)
AVAX: 14.11$(0.44%/1H)
BNB: 899.4$(0.26%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.4$(0.47%/1H)
DOT: 2.14$(0.52%/1H)
UNI: 5.72$(0.56%/1H)
CAKE: 1.96$(0.3%/1H)
SUSHI: 0.34$(0.85%/1H)
ONE: 0$(0.12%/1H)