InsurAce.io and Wing confirm long-term strategic partnership
InsurAce.io is delighted to announce their latest official partnership with DeFi platform Wing. Wing’s decentralized finance platform supports cross-chain collaborative interactions between various DeFi products.
Combining the platform’s decentralized governance model, the risk control mechanism introduced by Wing promotes a healthy, benign relationship between borrowers, creditors and guarantors. This allows the implementation of a wider variety of DeFi plans on the platform and as a result, provides users with more premium quality products.
Security and the safety of its users’ assets ensured that Wing were keen to secure this partnership with InsurAce.io. Their dedication to security has seen Wing’s platform and Flash Pools subjected to several successful audits from the likes of BEOSIN, PeckShield, Certik and NCC Group.
As a result of this partnership, InsurAce.io has listed Wing on their dApp, allowing users to protect their assets against any smart contract violations. Cover can be purchased initially across the ETH, BSC and Ontology chains.
This is an exciting opportunity for InsurAce.io as it further expands the coverage to the Ontology network.
“We’re thrilled to confirm this partnership with Wing. As a team, their dedication to securing users’ assets caught our attention. Their platform is exciting and this partnership is a step in the right direction to cover as many chains as possible and provide the highest quality of insurance products.” Oliver Xie, Founder, InsurAce.io
Users can protect their Wing assets today via our application: app.insurace.io
About Wing Finance:
Wing is a credit-based, cross-chain decentralized lending platform. As a DeFi platform dedicated to the digital asset lending market, Wing supports cross-chain interactions between a variety of DeFi products. Combined with the Wing DAO (decentralized autonomous organization), the platform’s decentralized governance model and risk control mechanism aim to foster mutually beneficial relationships between borrowers, creditors, and guarantors. In addition, Wing offers an innovative credit evaluation module that rewards users for developing good credit on the blockchain.
Join Wing community:
InsurAce.io is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFiprojects to benefit the whole ecosystem.
At the time of writing, InsurAce.io has provided coverage to 100+ protocols, safeguarding over $225M DeFi assets on 16+ public chains.
InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkeygroup, Huobi DeFiLabs, Hashed, IOSG, Signum Capital, LongHash Ventures and a dozen of other top funds.
Join InsurAce.io community: