Say goodbye to the fear of cross-chain exploits with this trailblazing insurance solution designed for DeFi enthusiasts!
BRITISH VIRGIN ISLANDS / ACCESSWIRE / April 20, 2023 / The future of decentralized finance (DeFi) just got a lot more secure! InsurAce, the leading DeFi insurance protocol, and LI.FI, the innovative bridge aggregator, have teamed up to unveil Bridge Cover, a cutting-edge insurance product that eliminates the risks of cross-chain transactions. Launching today, Bridge Cover is set to make waves in the world of DeFi.
Last year, a staggering $2.5 billion was lost to bridge exploits, shaking user trust in DeFi's rapidly growing landscape. Enter Bridge Cover, the result of a six-month collaboration between InsurAce and LI.FI aims to restore confidence and expand the horizons of cross-chain transactions.
Bridge Cover acts as a safety net for your assets on LI.FI's bridge protects them from unexpected losses due to malfunctions, hacks, or vulnerability exploits. With transparent and seamless claims procedures, users can now enjoy the benefits of DeFi with newfound peace of mind.
Ready to get started? Just head over to jumper.exchange and opt-in for Bridge Cover with InsurAce when making your next cross-chain transaction. To learn more about this revolutionary product, join InsurAce and LI.FI communities for updates and discussions, or visit their websites for more information.
Don't miss this opportunity to safeguard your DeFi transactions with Bridge Cover, the ultimate insurance solution for the cross-chain era. Embrace the future of DeFi with confidence, knowing that InsurAce and LI.FI has got you covered.
About LI.FI:
LI.FI is a cutting-edge cross-chain bridge and DEX aggregator, tackling interoperability challenges in the multi-chain ecosystem. The platform unifies the fragmented crypto landscape by aggregating essential bridges, connecting them to DEXes and DEX aggregators, and supporting bridge builders with a tailored SDK.
Press Enquiries: marko@li.finance
About InsurAce:
InsurAce is a decentralized global risk cover protocol providing mutual protection for digital assets against risks such as hacking, smart contract bugs, and stablecoin de-pegging. The platform offers portfolio-based coverage, support for DeFi protocols across multiple blockchains, and permissionless access for users, eliminating the need for intermediaries.
Enquiries: dan@insurace.io
SOURCE: InsurAce
View source version on accesswire.com:https://www.accesswire.com/750344/InsurAce-LIFI-Unveil-Bridge-Cover-the-Ultimate-Safety-Net-for-Cross-Chain-DeFi-Transactions
