Use Cases
How to participate and make gains!
Last updated
Was this helpful?
How to participate and make gains!
Last updated
Was this helpful?
To illustrate how InsurAce.io basically works:
Bob invests in several types of products via the Investment Arm. His investments will be covered at almost no cost to him while earning him investment returns and INSUR token rewards.
As an underwriter for the InsurAce protocol, Mary stakes her assets in the mining pool through the Cover Arm to earn $INSUR token rewards and yield from investment returns.
As a cover purchaser, Jack buys a single or multiple covers via the Cover Arm, receiving some INSUR token rewards in the process, and the right to submit a claim when a claimable risk event triggers his cover.