InsuranceFi (IF) Coin Complete Detailed Review About InsuranceFi

Introduction InsuranceFi (IF)

InsuranceFi have spent the last several months carefully examining hundreds of Defi projects to determine the reasons why they succeed and fail, and have arrived at a straightforward conclusion: “need to build a protocol with attractive enough returns while giving investors a sense of security and confidence while investing, giving investors a chance to win no matter how the market evolves.” Borrowing ideas from real-life insurance companies, the name & concept of InsuranceFi was born as a combination of insurance and finance.

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 (IF) Point Table

Who Are The Founder Of InsuranceFi (IF) ?

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IF Price Live Data

The live InsuranceFi price today is $5.73 USD with a 24-hour trading volume of $594,967 USD. update IF to USD price in real-time. is up 41.64% in the last 24 hours. The current CoinMarketCap ranking is #3022, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000 IF coins.

InsuranceFi – The First Sustainable Staking & Insurance Protocol That Covers Investment Loss. Have You Ever Heard About Any Protocol Covering Investment Loss For Investor? Definitely Not, InsuranceFi Is The Pioneer With The Aim Of Giving The Investors Chance To Win No Matter How The Market Evolves.

Tokenomics

Vision:

InsuranceFi wants to change the traditional insurance industry by creating a trusted decentralized platform powered by artificial intelligence to analyze and appraise risks and insurance contracts. Instead of cumbersome and non-transparent due diligence processes, insurance plans will be implemented using smart contracts.

Problem:

In order to realize this vision, in addition to applying smart contracts to insurance contracts, InsuranceFi needs to

1. 1.Expand coverage, not only your investment in us, but can also spread to others like: virtual assets, NFT, Cross chain Investment
2. 2.Develop the InsuranceFi ecosystem
3. 3.Add use cases for $IF

Solution:

Infinity-Chain, a separate POS blockchain for the insurance industry could be the solution to all of the above problems. allows real-life insurance company developers to access smart contracts and develop their DApps. Electronic contract will be replaced by Smart contract. Moreover, by building a separate blockchain, InsuranceFi will be able to grow more users, manage and protect users’ investments more easily. Thereby bringing a revolution to the insurance industry in 2023

Security And Safety

InsuranceFi Team has fully KYCed with the leading security service Contract Checker. smart contract is Audited and given SAFU badge which means that the project cannot be manipulated by the developer to hurt investors and gain an unfair advantage. KYC CERTIFICATEAUDIT CERTIFICATESAFU CERTIFICATE

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.

Faq Of InsuranceFi