InSure DeFi SURE Price 0.00204402

Users can buy SURE with Cryptocurrencies on the InSure Defi platform. InSure has a competitive advantage because of the market pricing of SURE and community demand for insurance. The health of financial information, such as the usage of funds and whether there are sufficient premium floats to pay potential claims, is a key factor in making a good insurance platform. The distributed ledger has a copy of the data held by each person. Every insured person can see the synchronized and updated data when it changes, making the operation of each fund open and transparent. The capital model is what it is based on. The solvency of the risk pool is the primary concern of the insurance capital model. The minimum capital the fund needs to hold is calculated using the Capital Model. 40% of the premium will be added to the surplus pool. If there is no claim, the surplus pool will be added. The surplus pool will eventually be used to cover insurance claims. If the surplus pool can't cover all claims, the capital pool will be used to pay the rest. The first phase will focus on the risk against scam, devaluations and stolen funds. Smart contracts can be used to complete operations on inSure. In order to take into account the interests of users, better achieve decentralization effects, and ensure the process to be more transparent, decisions of certain events will require the community to vote. An inSure DAO organization will be set up by the platform. InSure doesn't have the ability to release funds to specific people. The interests of community members are ensured by ensuring the viability of the overall funding pool and that sustainable premium increases and inSure DAO membership growth are promoted. Several people with expertise in insurance, co-governance, andBlockchain are members of the inSure DAO organization. The members of the inSure DAO have the ability to propose and negotiate relevant proposals. The voting proposals should include clear voting options and inSure DAO's recommendations. After a period of time for each community member to vote, the result will be implemented. Chainlink is being used in a hybrid on-chain/off-chain application. Chainlink secures over $10 billion dollars in on-chain value for leading projects.