On August 6th, 4:00 PM, the InsureDAO testnet will be live on Rinkeby testnet (UTC).
For the INSURE token reward, there is a Mission Bingo Challenge.
Pre-Hacking, Hacking, and Post-Hacking are the three phases of the Testnet.
In the Pre-Hacking phase, some missions must be fulfilled.
Let us give a brief overview of the InsureDAO protocol for those who are unfamiliar with it.
On Ethereum, InsureDAO is a peer-to-peer insurance market protocol.
Anyone can create, purchase, and underwrite any insurance on InsureDAO without having to provide any KYC information.
The following functions are exclusive to InsureDAO.
Creating an insurance pool
Users can construct any insurance pool on InsureDAO, just as they can create any liquidity pool on Uniswap. On InsureDAO, any insurance, including risky protocol insurance, will be available to buy and sell.
Because we wish to guide testnet members to InsureDAO through the insurance pool we’ve set up, this functionality isn’t available on the testnet.