InsurAce.io integrates Planet to offer DeFi insurance
InsurAce is a fast-growing DeFi insurance protocol with a simple goal, to make crypto safer. We’re excited to announce that the InsurAce protocol now offers coverage for anyone staking on Planet.
At a high-level, those who purchase coverage are doing so to be insured in case of any smart contract vulnerabilities. To fully understand the details of what is covered and what is not, you can read here.
You can purchase insurance here.
Annual cost: 2.99% (on your total coverage amount)
Minimum coverage period: 15 days
Planet’s been able to create a referral link with InsuraAce. Any fees earned will be passed to the treasury and/or will help to buy & burn AQUA and buyback GAMMA.
Planet gets 10% of the premium payed with this referral link.
Users get a 5% discount on their coverage if they use this referral link.
For coverage to be provided to Planet users, the contracts were inspected and approved by the InsurAce team.
Here’s what the Planet coverage market looks like on InsurAce
To learn more about Insurace visit their website: https://www.insurace.io/