Tokenomics
$INSUR, a standard ERC20 token, is the InsurAce protocol's governance token which is also used to incentivize participation in the ecosystem.
The current use cases for $INSUR tokens are as follows:
  1. 1.
    Representation of voting rights in community governance such as claim assessment, proposal voting, etc.
  2. 2.
    Mining incentives for capital provisions to the mining pool and investment products.
  3. 3.
    Eligibility to earn fees generated by InsurAce.io through governance participation.
  4. 4.
    Community and ecosystem incentives.
As the InsurAce protocol develops, more use cases will be introduced for the $INSUR token.

$INSUR token supply and allocation

Total supply: 100M $INSUR
Token Distribution
Token%
Token Amt
Vesting Terms
Seed Round
10.75%
10,750,000
15% unlock upon token generation event (TGE), linear vesting/block over 2 years for the rest starting from the 3rd month after TGE
Strategic Round
9.25%
9,250,000
25% unlock upon token generation event (TGE), linear vesting/block over 2 years for the rest starting from the 3rd month after TGE
Team & Advisors
15%
15,000,000
5% unlock upon TGE, linear vesting/block over 2 years for the rest starting from the 3rd month after TGE
DAO Reserves
18%
18,000,000
Reserved for liquidity provision on exchange listing, marketing initiatives, developer grants, bug bounty programs, strategic partnership, and long-term development of the platform
Initial Liquidity Bootstrap
2%
2,000,000
Public sale on Balancer LBP for liquidity bootstrapping and promoting community awareness
Mining Reserves
45%
45,000,000
In accordance with the mining schedules
$INSUR distribution
The above token distribution plan may be subject to change via community governance from time to time.

Get $INSUR

Copy link
On this page
$INSUR token supply and allocation
Get $INSUR