Ins3.Finance Coin (ITF)

Ins3.Finance Coin (ITF) is the native cryptocurrency of the decentralized coverage protocol and tail risk derivative platform, Ins3.Finance. The platform aims to address various risks in the volatile crypto market in a trusted, borderless, and secure manner. Through a fair launch and decentralized coverage plans, Ins3.Finance Coin covers CEX risk, SWAP type DEX risk, and DeFi risk. The platform utilizes a comprehensive report of the Oracle prediction to determine compensation, which is automatically paid to the policyholder. ITF can be used to purchase covers and stakes to earn rewards.

With Ins3.Finance Coin, investors can participate in the decentralized coverage and derivatives platform for tail risks. The platform does not require users to register as members or hold any ITF tokens to use its services. Anyone with a wallet can connect to the protocol and access its services. To buy cover, users must connect their wallet to the app, choose the currency and cover amount, get a quote, and confirm payment. Claims can be made through the compensation area, and the assessment of claims is based on the comprehensive report of the Oracle prediction.

Risks of underwriting mining are also addressed by Ins3.Finance. Assets staked in the underwriting mining pools may be used for claim payouts. The premium pool is used as the initial source for payouts, and if it is insufficient, the capital in the underwriting mining pools is utilized as the second source. The platform prioritizes risk management to help users stay wealthy in the crypto market. Ins3.Finance Coin has been audited by BEOSIN, providing users with an additional layer of security. Overall, Ins3.Finance Coin and the Ins3.Finance platform aim to provide decentralized insurance services for Web 3.0 and crypto assets.