Currencies28823
Market Cap$ 2.71T-0.55%
24h Spot Volume$ 52.34B-0.57%
BTC Dominance50.43%-0.11%
ETH Gas6 Gwei
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InsuranceFi

InsuranceFi IF Price N/A

2 Watchlists

DeFi

IF Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

InsuranceFi is the first sustainable staking & insurance protocol that covers investment loss

InsuranceFi (IF) Chart

InsuranceFi price Index provides the latest IF price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 583.17K

Max Supply

IF 100,000

Total Supply

IF 100,000

Listing Date

1 Sep 2022

All Time High

$ 10.60

1 Sep 2022


All Time Low

$ 0.704

1 Mar 2024

What is InsuranceFi (IF)?

InsuranceFi provides users with a decentralized sustainable staking platform with financial instruments to protect their investments through the use of InsuranceFi Protocol (IFP for short). IFP is the first financial protocol that protects investors' interests while still making maximum effective returns of 1200% APR.

InsuranceFi Protocol Key Features:

  • Sustainable Staking Protocol: There will be 6 staking pools from short-term (15 days) to long-term (360 days) with attractive APR. Revenue from $IF trading volume will be distributed for stakers.
  • Insurance Contract - Invest With Confidence: IFP gives users the option to purchase an insurance plan. In case the user loses from the investment due to token price or market fluctuations, IFP will compensate from greater to entire of the user's loss. 
  • Low Tax Trading: InsuranceFi applies a low trading fee of 5% for buy and 5% for sell to encourage trading volume for $IF, thereby adding solvency to the insurance fund and giving investors a better APR.
  • Referral Program: The feature is under development and promises to bring stability to the InsuranceFi ecosystem.
  • Infinity-Chain: a separate POS blockchain for the insurance industry, allows real-life insurance company developers to access smart contracts and develop their DApps. Electronic contracts will be replaced by smart contracts.

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