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InsurAce says it will pay millions to claimants after Terra’s collapse

DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants.

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InsurAce says it will pay millions to claimants after Terra’s collapse

DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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