Zenlink and InsurAce.io confirm a long-term strategic partnership
March 25, 2022 — We are pleased to confirm a long-term strategic partnership with InsurAce.io, a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. We will focus on protecting digital assets for DeFi users.
Zenlink is an underlying cross-chain DEX protocol for better composability on Polkadot. Zenlink DEX enables all parachains to build DEX and achieve liquidity in only one click. The protocol already features Module, WASM, and EVM implementations which provide flexibility allowing for customizable compositions and interoperability with different DeFi modules.
In short, Zenlink is a one-stop solution for trading Polkadot assets. The project has made great progress in recent months and they were keen to discuss a partnership with InsurAce.io as an additional layer of security protection for their users.
As security has always been a priority, Zenlink has already successfully undertaken a smart-contract security audit with SlowMist. The details of which can be accessed here: https://github.com/zenlinkpro/zenlink-security-audit
“We’re really excited to confirm this partnership with Zenlink. Their solution is exciting and a real asset for those who wish to build DEX on Polkadot with only one click. We’re always keen to work with companies that share our common values and we were impressed by Zenlink’s attitude towards security in our industry. We’re really proud to announce this achievement.” Oliver Xie, Founder, InsurAce.io
InsurAce.io has already listed Zenlink on their dApp and cover can be purchased for the Moonriver, Moonbeam, and Bifrost networks. To protect your Zenlink assets, purchase cover here: app.insurace.io
Also, you can get some discounts by using the link below or by finding the purchase portal at Zenlink DEX DApp: https://app.insurace.io/Insurance/Cart?id=157&referrer=204021499197356883813899481013259500470540785888
For full terms and conditions of what is covered, please refer to this document: https://files.insurace.io/public/en/cover/SmartContractCover_v2.0.pdf
InsurAce.io is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants, and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.
At the time of writing, InsurAce.io has provided coverage to 123+ protocols, safeguarding over $277M+ DeFi assets on 19+ public chains.
InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey Group, Huobi DeFi Labs, Hashed, IOSG, Signum Capital, Long Hash Ventures and a dozen of other top funds.
Zenlink is an underlying cross-chain DEX protocol based on Polkadot and is committed to becoming the DEX composable hub of Polkadot. By accessing the ultimate, open, and universal cross-chain DEX protocol based on Substrate, Zenlink DEX Protocol enables all parachains to build DEX and achieve liquidity sharing in one click. Zenlink DEX Protocol includes Module, WASM, and EVM implementations, which are flexible and adaptable, allowing for customizable compositions and interoperability with different DeFi modules.
In addition, the Zenlink DEX Aggregator connects all DEX DApps on Polkadot and aggregates liquidity, providing a low slippage trading experience for users. Zenlink DEX Composable Hub enables developers to access the Zenlink DEX Module to build their own unique DEXs, forming a DEX composable hub for the Polkadot ecosystem. Currently, Zenlink has received 2 rounds of Web3 Foundation Grants and investments from well-known institutions such as Alameda Research, Hashkey, IOSG, OKX Blockdream Ventures, and Hypersphere.
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