InsurAce.io is a decentralized protocol with the goal of providing insurance services. The protocol ensures that decentralized finance (DeFi) assets are covered in a flexible and dependable manner.
InsurAce.io is divided into two platforms: insurance and investing. They work together to ensure a steady profit for the insured, the insurer, and the investor. The fundamental aim of InsurAce is to safeguard people by providing easy access to products and investment efficiency.
The InsurAce platform issued INSUR, a standard ERC20 token, as the governance and utility token to incentivise ecosystem participants accordingly. A decentralized autonomous organization (DAO) is also in charge of InsurAce's management and regulation. A user must hold INSUR tokens in order to join the DAO.
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