Hello, and welcome to this week’s Etherisc update!

Etherisc
Etherisc Weekly Updates
2 min readMay 9, 2023

We’re excited to announce the return of our weekly updates in a shorter format but with the same commitment to providing consistent output for our community.

Our $DIP token staking has reached an impressive 15 million tokens staked. However, we’re not stopping there — we’re aiming for even more! As an added incentive for investors, we’re reimbursing gas fees for staking.
The same goes for the depeg protection; we´re offering a gas-less option for interested parties. Meme coins are pushing the gas fees on Mainnet again. What a time to be alive 🐸

Etherisc’s staking mechanism is an innovative way for investors to participate in the development and growth of the platform actively. By staking their $DIP token, investors not only benefit from the potential appreciation of their investment but also contribute to the overall security and decentralization of the Etherisc network, positioning themselves as early movers in the emerging decentralized insurance industry.

In other news, we want to share with the Community that we have received coverage from multiple crypto- and blockchain outlets for our $DIP staking launch and USDC depeg protection. Wachsman PR coordinated our marketing efforts.

Be sure to check out our blog at blog.etherisc.com for the latest news and insights on our decentralized insurance platform.

🤝 Thank you for your continued support of Etherisc!

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