LI.FI and InsurAce’s offering is nowhere near that level yet. At press time, the tool said it covered around 130 transactions, some $15,000 in value across eight different chains. The starting amount for the bridge cover fund currently stands at $200,000. “As a brand new product, we’re starting small and will increase capacity regularly to fit demand,” said InsurAce to CoinDesk over Twitter.
Source: https://www.coindesk.com/business/2023/04/18/lifi-and-insurace-pitch-protection-for-moving-crypto-between-blockchains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines