Tokenomics
Last updated
Last updated
$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:
Representation of voting rights in community governance such as claim assessment, proposal voting, etc.
Mining incentives for capital provisions to the mining pool and investment products.
Eligibility to earn fees generated by InsurAce.io through governance participation.
Community and ecosystem incentives.
As the InsurAce protocol develops, more use cases will be introduced for the $INSUR token.
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.
$INSUR tokens have been listed on the exchanges set out below.
Centralized Exchanges:
Huobi Global
Bybit
Bitrue
Decentralized Exchanges:
Ethereum
0x544c42fbb96b39b21df61cf322b5edc285ee7429
BNB Smart Chain (BSC)
0x3192ccddf1cdce4ff055ebc80f3f0231b86a7e30
Polygon
0x8a0e8b4b0903929f47C3ea30973940D4a9702067
Avalanche
0x544c42fBB96B39B21DF61cf322b5EDC285EE7429
Open your wallet and select "Add Token"
Select "Custom Token"
Paste the contract address below into "Token Contract Address".
0x544c42fbb96b39b21df61cf322b5edc285ee7429
0x3192ccddf1cdce4ff055ebc80f3f0231b86a7e30
0x8a0e8b4b0903929f47C3ea30973940D4a9702067
0x544c42fBB96B39B21DF61cf322b5EDC285EE7429
Click "Next", followed by "Add Tokens".
That's it!
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:
Market data and information for $INSUR tokens can be found on these sites.
For more information, please refer to this page.