Nsure Network Price (NSURE)

Unlisted

What is Nsure?

NSURE is the governance token for the Nsure Network. Unlike Nexus Mutual that follows a mutual model, Nsure follows a shareholders model where the Nsure token is akin to holding the share of the network.

What is the Nsure Network?

Nsure Network is a decentralised insurance project that borrows the idea of Lloyd’s of London, a market place to trade insurance risks, where premiums are determined by a Dynamic Pricing Model. In this model, capital supply and demand from the entire platform determines the price jointly, similar to the pricing mechanism in the free market, by having Nsure tokens backing the policies bought. The price is self-adjustable to the movement of supply and demand, subject to the model moderately stabilizing the price change.

What is the Dynamic Pricing Model?

The premium is largely based on 3 factors - Capital Demand, Capital Supply, and Risk Adjustment. Capital Demand - It is calculated by multiplying the Total Value Locked (TVL) figures of the protocol with demand ratio. Demand Ratio is basically the assumption of insurance demand based on TVL, currently it will be based on a simulation model of the team.

Capital supply - Amount of Nsure tokens staked on the protocol.

Risk Adjustment - It is a risk rating that reflects the riskiness of the protocol, currently this is given by the team. Ultimately, the premium rate is calculated by finding 95% confidence level in a Beta Distribution using the variables mentioned above. Underwriting Programme Stakers can stake up to 4 times their Nsure token, limited to a total of 10 projects, subject to the assumption that not more than 25% of token balance (100% of 400% total staking power) is allocated to each project. For example, Jeff has 100,000 tokens, the maximum staking power he has is 400,000. He could stake up to 100,000 on Compound and 50,000 each on other 6 projects. As a comparison, Nexus Mutual allows up to 10x leverage. Each Staking epoch is 14 days, including 11 days’ Lock Period and 3 days’ Rebalance Period. Participants are free to rebalance their portfolio based on their strategy and new information (such as Total Sum Insured) or withdraw tokens during the Rebalance Period. Staked tokens are not withdrawable nor transferable during the Lock Period. How are the collected premiums allocated? 50% of the premium will be shared with Nsure stakers that stake on the protocol as a part of the underwriting programme. 40% of the premium collected will be accumulated in the surplus pool. When there is a valid claim, 50% of the payout will come from the staked Nsure tokens. The remainder 50% of the claim will come from the surplus pool. If the amount in the surplus pool is insufficient, then the remaining claim amount will be taken from the capital pool. 10% of the premium will go to a claim reserve for the necessary expenses required to carry out verifications of claims. If the policy expires without any claims, it will flow into the surplus pool as well. How can I purchase cover on Nsure Network? The protocol is still in alpha as of January 2021. Capital pool is calculated as the adequate Minimum Capital Required (MCR) required for paying out claims 95% of the time. To bootstrap the capital, there will be a capital mining programme to reward Nsure tokens to stakers that pledge their ETH, BTC and USD stablecoins. Withdrawal will be halted if the capital available is lesser than the calculated MCR.

What is the live price of Nsure Network?

Nsure Network is trading at $0.00130143, showing a price movement of 1.75% over the last 24 hours. This real-time figure reflects combined input from multiple spot markets.

How volatile is NSURE today?

The price volatility of NSURE within the past 24 hours is --%. Higher volatility suggests rapid price changes, while lower volatility indicates stability.

What is the 24-hour trading range for Nsure Network?

The token fluctuated between $0.00127859 (low) and $0.00130169 (high). Traders often use this to evaluate daily momentum and market strength.

How much trading volume has NSURE generated?

In the last 24 hours, NSURE accumulated $-- in trading activity, showing how actively the market is engaging with this asset.

How does the current price compare to its ATH and ATL?

The all-time high is $3.42, and the all-time low is $0.00070693. Comparing current price to these levels helps traders understand long-term cycles.

How strong is market liquidity for Nsure Network?

Liquidity strength is rated at --/100, indicating order book depth and ease of execution during active trading sessions.

How does NSURE compare to other Decentralized Finance (DeFi),Insurance,Ethereum Ecosystem tokens?

Within the Decentralized Finance (DeFi),Insurance,Ethereum Ecosystem category, NSURE shows competitive performance, supported by $-- in liquidity and ongoing interest from traders.