inSure DeFi is a revolutionary community-based crypto asset insurance ecosystem, providing robust protections for crypto portfolios. It offers insurance solutions for the rapidly expanding crypto space, bringing much-needed stability and security. Users have the opportunity to insure their crypto-portfolio through the purchase of SURE tokens, payable both in fiat and other cryptocurrencies. Thousands of community members trust inSure DeFi to safeguard their crypto portfolios against scams, exchange closures, and severe devaluations.
Dynamic Pricing Model and Liquidity Pool
The key feature of inSure DeFi is its reliance on a Dynamic Pricing Model, which uses the powerful capabilities of Chainlink. This allows the system to share crypto ownership risks among a liquidity pool. The insurance premiums are determined on the basis of this model. The capital required to support the risks at any given moment is computed based on the market pricing of SURE tokens and the prevailing community demand for insurance of crypto portfolios.
inSure DAO - A Decentralized Support System
In addition to the insurance service, the inSure DAO, a decentralized support system, plays a crucial role in processing all the insurance claims. This system is designed to detect and flag any fraudulent claims while ensuring only valid claims are fulfilled. Community members serve as evaluators in this system, offering a truly decentralized approach to claim processing. The use of the DAO model further solidifies the power of the community, ensuring transparency and honesty within the ecosystem.
Conclusion
inSure DeFi is an essential tool in the modern crypto landscape. Its innovative approach to crypto insurance, coupled with its groundbreaking use of Chainlink and a community-driven decentralized support system, offers a high level of security and trust for its users. As the crypto space continues to grow, services like inSure DeFi will become increasingly vital to protect and stabilize Crypto & DeFi portfolios.
inSure DeFi social statistic
14,952
Twitter followers
18,993
Telegram members
0
Reddit subscribers
0
Facebook likes