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

Etherisc
Etherisc Weekly Updates
2 min readJul 9, 2023

Sunday, 9th, July

Hi everybody!

We have a few announcements to make, let´s kick it off with…

🤩 D1Conf
Etherisc and Chainproof are hosting the D1Conf in Istanbul, Turkey 🇹🇷!
As part of the DevConnect conference, taking place from November 13th to 19th, we are once again opening our doors to the D1Conf. We are expecting renowned speakers from both the decentralized insurance and traditional insurance sectors. The entire community is warmly invited to attend, meet our team, connect with industry professionals, and save the date of November 16th, 2023! Stay tuned for an upcoming press release, and be sure to visit our official website.

🎤 A.M.A.
We think our community is great! That´s why it is time for another round to host an A.M.A. with Christoph! Send us your questions asking anything related to a topic like the GIF, Staking, or whatever crosses your mind! Inbox for questions.

🏗️ Staking
We are considering migrating our staking mechanism to the Layer 2 zkEVM Polygon Blockchain. This migration offers a more sustainable and cost-effective way to stake, reducing transaction fees. If this proposed migration to staking on L2 zkEVM resonates with our community, we are committed to actively pursuing ways to streamline and optimize the staking process. Our goal is to ensure simplicity and cost-effectiveness throughout the staking process.
Please note that in order to stake, the DIP-token will need to be bridged to the Polygon Blockchain. Please do not bridge DIP token before the official announcent is made! We encourage everyone to do their own research and understand the associated risks.
👉🏻 zkEVm Polygon
👉🏻 zkEVM Bridge

We would greatly appreciate your feedback on the potential migration of our staking mechanism to the Layer 2 zKEVM Polygon Blockchain. Your thoughts and input are essential in helping us make an informed decision that best serves our community. Please share your feedback with us on our Social Media channels.

🔥 Introducing the Renovated GIF-Sandbox and Fire Insurance Demo! 🔥Our GitHub repository, GIF-Sandbox, has undergone a renovation.
It features smart contracts, helper scripts, and documentation for a fire insurance product. This demo showcases the basic functionality of the GIF platform, offering a parametric insurance solution that pays out USDC based on fire event triggers and categories.

For detailed setup and usage instructions, visit the Sandbox documentation page:
https://github.com/etherisc/gif-sandbox. Get hands-on experience with parametric insurance innovation!

🤝 That´s it for this week! Have a great week ahead, and thank you for your continued support of Etherisc!

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

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