InsurAce Protocol is now officially the first insurance protocol to launch on both Ethereum and Binance Smart Chain.
This will provide more flexibility and lower fees for InsurAce’s users.
In the official announcement, they InsurAce said:
Users are now able to EARN BEP-20 INSUR tokens for mining, INSURE their assets with BSC tokens through the InsurAce app, SWAP their ERC-20 INSUR tokens for BEP-20 INSUR tokens, and TRADE INSUR tokens on Pancake Swap. Read on for all the details.
InsurAce
According to InsurAce, BSC has turned out to solve some of the problems Ethereum is currently facing – such as high network fees and performance problems during peak times.
Just after the launch, InsurAce’s native token will go live on PancakeSwap, the leading DEX in the BSC ecosystem. The first trading pair will be INSUR/BUSD.