Product Design

InsurAce.io is designed as a new decentralized insurance protocol to empower the risk protection infrastructure for the DeFi community. InsurAce offers portfolio-based insurance products with

  1. optimized pricing models to substantially lower the cost

  2. insurance investment functions with SCR mining programs to create sustainable returns for the participants

  3. provide coverage for cross-chain DeFi projects to benefit the whole ecosystem

InsurAce.io currently provides portfolio-based cover contracts with a user-defined period. The cover contracts protect loss from smart contract and smart contract system failure.

Types of protocols and smart contract system covered:

  • Lending Protocol (e.g., Maker, Aave)

  • Decentralized Exchange (e.g., Curve, Uniswap)

  • Derivative (e.g., Synthetix, Nexus Mutual)

  • Asset (e.g. Badger, RenVM)

We will continue to add more protocols to the list as the InsurAce.io platform grows.