ENSURO

Ensuro collects money from differentliquidity providers, both retail andinstitutional - under the form of cryptographic stablecoins (i.e., USDC, USDT, BUSD) - in a liquidity pool governed by smart contracts. This capital provides underwriting capacity for MGAs operating in the parametric insurance space.The capital collected in the Liquidity Pool is reinvested into Decentralized Finance Protocols such as Aave (Aave.com) and Compound (Compound.finance). Those protocols have high liquidity, so Ens... uro can redeem immediately the funds, and low risk since the loans on the platform are overcollateralized. The returns on investment on AAVE and Compound varies from 2 to 8%, this allow Ensuro to provide a more competitive capacity to MGAs compared to traditional reinsurance companies and give additional returns to the LPs.

#SimilarOrganizations #People #Financial #Website #More

ENSURO

Social Links:

Facebook

Twitter

Industry:

Blockchain Financial Services FinTech Insurance

Founded:

2021-05-21

Address:

Singapore, Central Region, Singapore

Country:

Singapore

Website Url:

http://www.ensuro.co

Total Employee:

Status:

Active

Email Addresses:

[email protected]

Total Funding:

230 K USD

Technology used in webpage:

Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Analytics LetsEncrypt Apple Mobile Web Clips Icon Google Tag Manager Font Awesome Global Site Tag