INS3, as the world’s first completely decentralized insurance. Users and oracle nodes jointly decide the market, assets and the deposit/withdrawal condition of centralized exchanges through the independently built claim oracle. Thereby abandoned the process of voting on governance tokens to determine whether to reimburse or not, and minimized the governance of the system.
INS3 --- an original insurance project, with an innovation model of "DeFi + NFT + oracle + cross-chain". The time of XVS and pancake has ended, but the story of AAVE and Uni is continuing. DeFi insurance is rising.
INS3 Finance changed our original token $ITF into $ITFX in order to achieve this cross chain process.