InsurAce Review by vonnguyen
vonnguyen
vonnguyen
InsurAce is an insurance project in Web3. It was created to reduce risks for users of DeFi protocols when these protocols increasingly encounter security issues causing loss of user assets. InsurAce has 4 main outstanding features: “0” Premium (insurance package purchase fee is almost 0); Enriched Product Line (diverse insurance products); SCR Mining (users can mine INSUR Token by locking crypto exchange funds into liquidity pools through the SCR Mining program); Sustainable Return (stable profit) Insurance in blockchain is a very potential area and can develop strongly in the future. Currently, there are very few insurance projects in the crypto market, this is an opportunity for InsurAce to seize to develop in this business segment with quite a few competitors.