This is an introduction & tutorial video for you to learn about the new features, improvements, and how to get the most out of GasInsure V2.
๐ฌWatch the video now and start exploring: https://t.co/rIsUiGz2jL
#GasLockR #V2#Tutorial #Blockchain #Update #InsurTech
Insurance DAOs are underrated imo. N people worried about similar risks pool capital together and agree to cover anyone who suffers from the risk. The symmetric model ensures less imbalance of incentives.
The DAO can still hire specialized claims judges if it wants, but their incentive is to be fair, because each participant doesn't know whether or not next time they will be the recipient.
Similar models have existed in the past, and even exist today in some places.
๐ Exciting July Recap! ๐ As of July 31st, GasInsure have achieved:
๐ค Total Users: 1,151 ๐
๐งฒ Volume Worth: 400+ ETH ๐ฐ
๐๏ธNumber of Policies: 2190
๐ฐ Payout rate: 65.6%
Thanks for the support! Let's keep growing! ๐ #Gas#insurance#testnetlive#Growth#Ethereum#gasfee #gwei
As the first half of 2024 concludes, weโre thrilled to share our achievements:
โจ Over 144 ETH in policy purchases
๐ 1,433 policies issued
๐ธ Payout ratio exceeding 74%
Thank you all for your continuous support. Together, we're making history!๐งโ๐ณ
#Insurance#Blockchain#ETH #Gasfi
๐ Although #Ethereum gas fees have been remarkably low recently, staying under 10 gwei, #GasInsure continues to perform impressively on testnet!
Over the past three weeks, #GasInsure has paid out over 95 ETH and still maintains a payout rate of over 76% of all policy cycles! Thanks to our powerful #AI #algorithm, we're able to constantly adjust and calculate based on market gas levels, maximizing the protection for our insured traders.
#CryptoTrading #GasFee #ETH
Work hard and achieve milestones step by step ๐
Congrats on the exciting new chapter๐ -- Over 35 ETH, approximately $126K in transaction volume, has been accumulated in #GasInsureV2 within 2 weeks!
Join us now: https://t.co/vE5V9rpETX๐ค
@GodMode_Air Points can be either positive or negative based on the activity. you will get positive points and payout when guess right, and get negative points if wrong. Welcome to check more detailed reply in Discord, thanks
The leaderboard for the last round on GasInsure V1 is now available. Check your points ranking at ๐https://t.co/qGX5YmREvo
We look forward to seeing your even better performances in V2! ๐ท #testnet#launch
@cr331yt if you've participated in the 2nd round testing, you will be credited with points in this leaderboard, the more payout you get(based on the policies you bought), the higher your points will be.
Our new version is live! We've redesigned everything from #UI to #claim mechanism, keeping our core insurance principles intact and introducing #AI to support our algorithms.
Dive in, interact, and share your feedback!โค๏ธโค๏ธโค๏ธ
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๐๐๐A quick recap of our achievements over the past year!
To all our new and longtime supporters, thank you for being part of the #GasLockR journey.
As we step into the new epoch, get ready for fresh innovations and exciting products from #GasLockR
Let's redefine possibilities together๐! #NewBeginnings #Innovation
Hello, ETH community! We're excited to be attending ETH Beijing's Demo Day as the first-place๐ฅ winners in the Layer-2 track! ๐
Stay tuned for updates and join us on this exciting journey! ๐
@PKUBlockchain@WTFAcademy_#ETHBeijing#Layer2#DemoDay
The minting for the 2nd badge is now live! Head over to our official website to mint yours: โฝ๏ธhttps://t.co/fP0SaB3ZIx
Donโt hesitate to show off your new badge and share it on social media๐
๐ Announcement ๐
The 2nd round testnet has now officially closed (2024-05-27 14:45 UTC). The minting of the second badge will be active soon. Join the @gaslockr community to get the latest updates and exclusive information now๐ค
https://t.co/AlPCh9RZLw
๐ Exciting news! We are about to #upgrade to a new version! ๐
The 2nd round of our testnet will officially close tomorrow. Additionally, the minting channel for the 1st round of badges will also close at that time.
โฐ Reminder: If you haven't minted your first #NFT yet, please do so ASAP! No applications will be accepted after the closure.
๐ Stay tuned for more updates! ๐#Testnet ๐ช