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.
ENSURO
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:
1+
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
Similar Organizations
prePO
prePO is a decentralized pre-IPO and pre-token trading platform.
Current Employees Featured
Founder
Investors List
Chinaccelerator
Chinaccelerator investment in Pre Seed Round - Ensuro
SOSV
SOSV investment in Pre Seed Round - Ensuro
Official Site Inspections
http://www.ensuro.co Semrush global rank: 297.01 K Semrush visits lastest month: 216.09 K
- Host name: 172.67.210.192
- IP address: 172.67.210.192
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago