Nsure Network Gradual Launch on Polygon: Capital Mining launch!

Gradual Release

The much awaited release will take place in 3 main events, distinguished by the main product segments within the Nsure Platform

  1. Capital Mining Launch
    - Commencing November 3rd 12:00PM UTC
  2. Underwriter Module Release
    - Commencing after 14 days of Capital Mining release
  3. Purchase Policy & Claim Process
    - Released shortly after Underwriter liquidity is matured
    - Including a 1st Batch Product release in collaboration with third party protocols and potential subvention program by Nsure Foundation

Capital Mining

Capital Mining is the first step that will be taken for the migration, under which the structure and logic of the Capital Pool being deployed on Polygon Mainnet.
The contracts will be deployed and mining rewards go live.

First convert MATIC to nMATIC (Nsure-MATIC); in order to further continue to approve the contract that will allow you to start mining:

Underwriter Module

When Underwriting goes live, we will make a call to all stakers and Underwriters that have successfully trained their skill during the Simulation Program and provide the liquidity needed for launch.
Additionally, Nsure Foundation is likely to be granting subventions to a hand full of selected protocols of diverse risk categories, with the purpose of collaboratively increasing initial stages of capacity and pricing provision during the early stages of our platform launch. These selected protocols will be announced in a dedicated article, to be released shortly after Capital Mining is launched.

Purchase Policy & Claim Process

Once stages one and two are concluded, and enough MCR as well as liquidity on underwriting products are sourced, the platform should be considered ready to launch the last of the core features, being the purchasing insurance and its associated claim process.
This last stage of the open Beta will offer in premier the ability to obtain coverage against smart contract related risks on the first batch of listed protocols within the market place of Nsure Network.

Risk Disclaimer

This Open Beta is intended to be a first release on Polygon Mainnet of the Nsure Network risk marketplace, we prompt any participants to understand the associated risks, even after having undergone through previous audit with partners. Any deployed funds may be at risk, and do not recommend engaging with large asset transactions.

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Nsure.Network

Nsure.Network

Open Insurance Platform for Open Finance