inSure is a token of the crypto asset insurance ecosystem. It distributes the risks of owning cryptocurrency among the liquidity pool, and with the help of Chainlink, insurance premiums are determined. The purpose of the system is to ensure stability in the crypto world, protect investors from fraud, theft of funds and sharp devaluation of crypto portfolios.

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What Is the Oldest Form of Insurance?📜

In Babylon (4000–3000 BCE), merchants used 'bottomry contracts.'
🌊 If a sea voyage ended in a loss, the loan wasn't repaid.
The interest on the loan covered the insurance risk.
#defi #crypto #insure $sure #btc #eth

What Is the Oldest Form of Insurance. In Babylon (4000–3000 BCE), merchants used 'bottomry contracts.