Nsure Network

www.nsure.network/
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Key Stats

Total Value Locked24H
in USD$5.4M+1.6%
in ETH1.8K ETH+6.0%
in BTC126 BTC+6.0%
ETH Locked1.13K ETH0 ETH
% Supply Locked< 0.01%
Blockchain
Ethereum
Most Locked$ETH
Protocol Token-

Total Value Locked (USD) in Nsure Network

  • TVL (USD)
  • ETH
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is Nsure Network?

Nsure is an open insurance platform for open Finance. The project is inspired by Lloyd’s London, a market place to trade insurance risks, where premiums are determined by a dynamic pricing model. Nsure is designed to solve the principal agent problem and allow anyone to become an insurance issuer for the DeFi sector. While conventional insurance depends on issuer’ judgment on claims, Nsure rids these unequal judgments by adopting on-chain resolution via claim assessors. Nsure’s “DeFi insurance” is based on 1) supply demand driven Dynamic Pricing Model, to find the right price; 2) the Capital Model, to secure capital required to back the risks at any point in time; and 3) 2-phase crowd voting mechanism, to make sure every claim is handled in a permission-less and transparent manner. Nsure Network is a permission-less platform for whoever wants to purchase coverage. Underwriters can utilize NSURE to stake on specific insurance risks to receive a share of daily insurance premiums.


How to use Nsure Network?

Visit Nsure to purchase coverage or underwrite insurance to earn premiums.

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