Nsure Foundation Subsidy Program for 1st Batch Products

Nsure Foundation is granting selected Protocols out of the first Batch of listed products in the recently launched risk marketplace. Up to 1M Nsure tokens allocated to subsidise underwriting.

Subsidy Structure

A total of 1m Nsure tokens have been allocated by the Nsure Foundation into the Underwriting contract, and will be gradually deployed upon need, based on policy demand for each product.
Main criteria for the Subsidy is to increase Underwriting capital on the nominated products, to assure optimum liquidity levels are reached, for policy buyers to have increased capacity to purchase insurance from, as well as providing optimised pricing for policies.
Given the recent launch of the marketplace, this grants nominees an edge over their listed insurance products.
As liquidity increases within the platform, and underwriting capacities provided by users mature, the subsidised capital will be adjusted and reduced accordingly.
Any premiums in ETH collected by these underwritings will be relocated into the surplus pool to nurture the platform.

  • 4/5 Star Rating:
    Up to 300k $Nsure allocated
  • 2/3 Star Rating:
    Up to 200k $Nsure allocated
  • 1/2 Star Rating:
    Up to 100k $Nsure allocated

Grantees

The selected grantees for the Subsidy Program include: Bancor, Balancer, RenVM, Badger DAO, dHEDGE, 88MPH V2, Unagii, Boring DAO and KeeperDAO.
Above-mentioned thresholds will mark the cap for each product and their allocated subsidy.

Wallet Addresses

The dedicated wallet addresses holding subsidised funds are:

  • 0x09A103ff462eC2B6d268A604E94f45F84a927D9a
  • 0xA22F25107FB07740a6351751e391d521c34778E9
  • 0xB48A3A09381212A88f0a655D2E51FE974fd76C19
  • 0x74d039De2ed9a4D103aa4458eE42668Bc954fc75

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