Insured.finance Farmcubation Announcement

Zoran Spirkovski
DuckDAO
Published in
3 min readJan 14, 2021

Insured.finance is building the future of digital asset insurance. Powered by Polkadot, this project is a decentralized P2P insurance marketplace whose mission is to bring easy claims and instant payouts to reality. The INFI utility token is used to buy insurance, provide coverage, and add liquidity to the P2P marketplace.

All of the claims are collateralized and the payouts are instant. With plans for a fully complete insurance suite by Q4 2022, Insured is best suited for long-term holders, who believe that crypto deserves to be protected from rug pulls, stablecoin failure, holdings and exchange insurance, and smart contract coverage.

Farmcubation details:

  • Method: Auction
  • Deposit: DUCK
  • Earn: $INFI
  • Tokens available: 625,000 INFI
  • Total Staking Possible: 345,000 DUCK*
  • Max Stake per wallet: 2,000 DUCK
  • Starts on: 15th January 2021, 13:00 UTC

Join the farmcubation!

These are smaller test allocations to introduce Farmcubations to our community.

Further Farmcubations will become bigger in size.

DUCK tokens staked in Farmcubations will be burned partly, with the rest sent to DuckDAO for reintroduction into circulation.

Step-by-Step Farmcubation Guide

Farmcubations are a new way to help projects that are further in their fundraising process to reach new audiences and distribute public rewards.

Participating in a farmcubation is easy. Make sure to slot some time for the particular date/time when the farmcubation takes place because farmcubations get maxed out very fast.

It’s basically a duck race!

To get started, click on “Select” for the project you are interested in.

This will take you to an overview screen where you can see all of the specific farmcubation information.

Every farmcubation is a unique smart contract that requires the approval of a specific amount of DUCK. You can see the amount of DUCK available for staking in the Approve/Stake window.

In this case, 2,000 DUCK is available for staking, so if you want to stake 2,000 DUCK, make sure to approve this amount.

Once approval is complete, you can proceed to stake your DUCK.

After the staking period has passed, your rewards are calculated depending on the level of participation. The harvest feature will become available after the token’s TGE, or if the token is already available, immediately after the staking period has passed.

Further support is available on our Telegram.

Find Out More About DuckDAO🐥

DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast track their progress on the path to success.

Who will win? One VC or ten thousand ducks?

Official Links:

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Zoran Spirkovski
DuckDAO

Zoran publishes a blog post on Medium every day. He writes about whatever is relevant in his mind on the day he writes. Follow to get updates.