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What is PolkaInsure

What is POLKAINSURE FINANCE and what makes it unique?

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A Peer to Peer Insurance MarketPlace for Polkadot Defi users

The marketplace is run entirely by Defi users in the Polkadot Ecosystem, and users who join will get the PIS governance token. Any user can request insurance and anyone can provide coverage.

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Powered by Polkadot

Polkainsure will be migrated to a polkadot parachain when the product development is finished. PIS token is currently issued on ethereum because there is high trading demand. Check our RoadMap for more.

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NO KYC REQUIRED

You could buy Coverage on PolkaInsure without having to do KYC

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DECENTRALIZED

PolkaInsure smart contracts will be audited, deployed and verified on the Polkadot blockchain

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Instant Payouts and Full Collateralization

Claims are handled by smart contract code which ensures that payouts are instant and insurance contracts are fully collateralized.

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PIS TOKEN

What is PIS Token and what is it used for?

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Governance
token


Claim

Shield
mining
(launch on Polkadot)


Farming

Tokenomics

Total Token Supply 100,000 PIS

Token Distribution

  • Token public sale
    30%
  • Add Liquidity Uniswap
    30%
  • Shield Mining
    20%
  • Founders and project team
    5%
  • Private sale
    10%
  • Marketing
    5%
Swap on Uni Hoo Exchange Hotbit Exchange

Token Sale

  • Private sale: $1.4/PIS
  • Public sale: $1.8/PIS
  • Tokens sold in Private Sale will be locked for 4 weeks

Moonbeam | Polkadot Smart Contract Platform

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Moonbeam - A Smart Contract Parachain on Polkadot with Ethereum Compatibility

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Minimal Configuration Changes

No need to rewrite or reconfigure your smart contracts. They'll work right away.

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Tools You Already Use

Use Ethereum-based tools you love like MetaMask, Remix, and Truffle.

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Familiar Smart Contract Languages

Support for Solidity, Vyper, and anything that compiles to EVM bytecode.

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Pre-Built Integrations

Built-in integrations for assets like DOT and ERC-20s, and infrastructure services like Chainlink and TheGraph.

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Our Products

We just launch our products on Moonbeam testnet, the smart contract parachain on Polkadot Network. This is initial step for Shield Mining on Polkadot.

  • Swap token

  • Add Liquidity

  • Farming

Team & Advisor

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CEO & Founder

Harry Callum
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Co-Founder & CTO

Allan Pulin
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Co-Founder & CMO

Polkist
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Nerd God

Advisor: @nerd_god
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Art Director

VB23

OUR PARTNERS

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Audit Partner

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Defi Partner

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Coming soon...

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Coming soon...

Frequently
asked questions

Many community members have been asking why we have our tokens issued on Ethereum. Here’s our answer.
1. At the moment, there is no decentralized exchange on Polkadot. However, the trading demand for the token was high, so we issue token on Ethereum and listed PIS on uniswap for ease of trading.
2. We are going to roll out Deflationary Farming in the next few days, which need uniswap-like decentralized exchanges, which are missing on Polkadot
3. We are developing PolkaInsure protocol and testing it on MoonBeam and we should finish in Q2 2021 4. We have our plan in Q2 2021 to migrate PIS from Ethereum to MoonBeam
5. Once migration completes, we start shield mining, which basically will act similar to the shield mining protocol of Cover Protocol, but all of our protocol will run on Polkadot Parachain that’s our current plan.

1. Polkadot is a very fast evolving ecosystem. All parachains of Polkadot are seamlessly interoperable. That’s really great!
2. Most of existing coverage protocols run on Ethereum while a protocol was missing on Polkadot
3. Transactions fees on Ethereum are unacceptable
4. Polakdot Ecosystem and parachains are easy to customize
5. There is MoonBeam parachain that provide an EVM-compatible environment which allows us to easily migrate our protocol from Ethereum to MoonBeam
6. Lots of potential DeFi projects have been developed on Polkadot and those need insurance for users that’s almost all of the reasons why we choose Polkadot

1. Yes it's a P2P protocol, so any one can get covered and any one can provide coverage to others
2. It's a P2P protocol. So its effectiveness entirely depends on how much one wants to pay to get covered. More examples can be found in the current insurance protocol like Cover. It's totally P2P and driven by market demand
3. We are envisioning for any DeFi-related assets. So in the first version when released, it will provide coverage for assets on the same parachain that PolkaInsure is deployed on - the MoonBeam. Over the time, we will test on assets that are transferred from other parachains to moonbeam. And We also thinking of building a bridge between Ethereum and MoonBeam so that assets on Ethereum can get covered on PolkaInsure too

Outside of the mangement team, the dev team currently has 4 people: 2 smart contract engineers and 2 web devs with experience in web3 and blockchain integration. Most of them have developed web apps, Dapps before we even form a team Our chief dev personally have around 3 years in Ethereum Dapp development and help quite some projects (sorry to keep them confidential) and smart contract security. He also worked quite alot of ethereum and Polkadot source code.