UnoRe, the first decentralized reinsurance market and provider, announced its launch on Binance Smart Chain.
UnoRe Dedicated to Meet the Need for Proper Insurance Services on Binance Smart Chain
UnoRe is the first decentralized reinsurance platform that enables its community to make “risky” investments and transactions and generate significant returns on their investments in one of the safest asset classes in the world. The platform removes the historical high capital requirements that normally require investing in the market, breaking barriers to entry for retail investors. It also enables its community to propose innovative insurance products to the field.
The platform is designed to meet the demand for suitable insurance services in the DeFi sector of the blockchain and cryptocurrency industry by “insurance for insurers” and democratizing risk transactions.
UnoRe Can Now Offer Users Low Gas Charges
The project enumerates the strategic advantages of starting the new, rapidly growing blockchain network. By operating with Binance Smart Chain, UnoRe can offer users low gas charges, high transaction speeds, access to leading DEX PancakeSwap and cross-chain interoperability services. It has joined many promising new projects that chose the network for these reasons, including XFai and Polkamon.
Jaskanwar Singh, CEO of UnoRe, explained the choice of the team.“Our priority right now is to offer our users a fast and accessible way to innovate, trade, and invest in risk markets. Binance Smart Chain provides the ideal, scalable infrastructure for this.”
After the UnoRe smart contract is deployed to the Binance smart chain, there will be a bridge that will allow users to exchange $UNO ERC20 tokens for BEP20 tokens directly from their wallets. The project will also provide liquidity to the Pancake Swap Syrup liquidity pool for the online community to exchange and buy $UNO.