InsurAce is a decentralized insurance protocol designed to provide reliable, robust and worry-free DeFi insurance services for DeFi users. The characteristics of the platform include: extremely low insurance premiums, stable income, rich product lines, and low entry barriers, etc., and fully escort users' DeFi journey.

InsurAce token (INSUR) is a decentralized digital asset developed by the InsurAce protocol based on Ethereum. It is mainly used for platform governance and ecosystem incentives of the InsurAce protocol.
INSUR tokens can be used in the following scenarios:
Mining incentives, providing capital for insurance pools and investment products;
Representing voting rights in community governance scenarios, such as claims evaluation, proposal voting, etc.;
> Eligibility to participate in fees generated by the InsurAce protocol through governance;
community incentives.

Project Introduction

InsurAce's unique value creation
Premium close to "0"
Combined product design and unique pricing model to optimize insurance costs, coupled with sustainable investment income, to achieve Ultra-low premiums close to "0".

Rich product series
Wallet-style barrier-free (no KYC), combined product design, cross-chain protocol guarantee, providing flexible and convenient insurance protection for end users.

SRC Mining
Insureds, insurers and investors can participate in SCR (Solvency Capital Requirement, solvency requirements) liquidity mining, and earn by investing in insurance pools and investment pools InsurAce Token (INSUR). It will greatly increase the pool of funds, guarantee capacity, and investable capital, and further reduce insurance premiums.

Sustainable returns
In addition to SCR mining rewards, investors will be able to obtain sustainable returns from the investment products provided by InsurAce.

Token Economy

The InsurAce platform will issue a standard ERC20 token, INSUR, as a governance and utility token to retroactively incentivize ecosystem participants. The supply and distribution plan of INSUR is designed as follows:
Total supply: 100000000 INSUR
The distribution scheme of tokens is shown in the table below: