Nsure.Network works like an insurance company that is governed by NSR stakers. By taking a risk from an individual, and spreading that risk around a community, the individual is able get their risk in the open finance world covered. Nsure.network is built for protection and hedging to all kinds of risk from Defi space.
By staking, voting and providing liquidity. Staking NSR token gives people privilege to vote and collect reward through contribution to governance. Providing liquidity to the pool gives people NSR token.
NsureDAO governs Nsure.network. Certain parameters of the product issuance, Oracle failure, Profit pool rewarding are subject to DAO vote.
When policyholders purchase a coverage when the contract expires the insurance fee is automatically injected into the profit pool. Bonus issuance of profit pools are subject to DAO vote.
To start earning NSR. Use your web3 wallet to stake Nsure token; deposit stable coins and ETH for liquidity to the smart contract. NSR issuance is automatic.
Anyone who takes part in the staking of NSR can participate in NsureDAO governance.
You control your own fund. The smart contracts function as an insurance platform and every step is automatic. The liquidity pool might be locked due to the risk of illiquidity of insurance contracts sold.
View integration docs.
With Nsure, you remain in full control of your funds at all times. There are no central intermediaries which hold your private keys. Your funds are secured by smart contracts.
In progress by a 3rd party auditing company. We urge our participants to read through terms of service and fully understand the risk.
NSR is the token to stake and govern.