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. Representation of voting rights in community governance such as claim assessment, proposal voting, etc.

  2. Mining incentives for capital provisions to the mining pool and investment products.

  3. Eligibility to earn fees generated by InsurAce.io through governance participation.

  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

The above token distribution plan may be subject to change via community governance from time to time.

How to Get $INSUR

Buy $INSUR

$INSUR tokens have been listed on the exchanges set out below.

Centralized Exchanges:

Decentralized Exchanges:

NetworkDexContract Address

Ethereum

0x544c42fbb96b39b21df61cf322b5edc285ee7429

BNB Smart Chain (BSC)

0x3192ccddf1cdce4ff055ebc80f3f0231b86a7e30

Polygon

0x8a0e8b4b0903929f47C3ea30973940D4a9702067

Avalanche

0x544c42fBB96B39B21DF61cf322b5EDC285EE7429

Add $INSUR to your wallet

  • Open your wallet and select "Add Token"

  • Select "Custom Token"

  • Paste the contract address below into "Token Contract Address".

NetworkContract Address

0x544c42fbb96b39b21df61cf322b5edc285ee7429

0x3192ccddf1cdce4ff055ebc80f3f0231b86a7e30

0x8a0e8b4b0903929f47C3ea30973940D4a9702067

0x544c42fBB96B39B21DF61cf322b5EDC285EE7429

  • Click "Next", followed by "Add Tokens".

  • That's it!

Bridge $INSUR

The InsurAce protocol's official bridge provides bridging services, allowing users to transfer $INSUR tokens between the Ethereum, BNB Smart Chain, Polygon, and Avalanche networks.

Checkout this user guide on how to use the bridge:

Token Bridge

View market data

Market data and information for $INSUR tokens can be found on these sites.

For more information, please refer to this page.

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