InsurAce is a decentralized insurance protocol, aiming to provide reliable, robust and carefree DeFi insurance services to the DeFi users, with very low premium and sustainable investment returns. We respect all the DeFi insurance pioneers and do not consider ourselves as a competitor to the existing players, but a necessary complementary role to the immense and expansive DeFi world.
As an insurance protocol, InsurAce will provide two function arms similar as the traditional insurance company, i.e., the insurance arm and investment arm. The free capital in the insurance capital pool can be placed into the investment pool to gain higher yield, while the insurance arm will provide protection to the investment activities. Meanwhile, the yield at the investment side will in turn complement the premium at the insurance side, and further reduce the cover cost for customers. These two parts will in such a synergetic manner to provide “0” premium insurance as well as considerable investment return, forming a sustainable business model.
Wed, Mar 17, 2021 5:39 PM