What does share mining mean (insurance mining)?
Share mining means what? Share mining is a decentralized collaborative tool tha
Share mining means what? Share mining is a decentralized collaborative tool that operates through a protocol, with shares tokens at its core. When users connect their wallets to a network, they can share shared content with others, and this content is sent and received in different ways among each other.According to the introduction, “Share is a proof-of-stake used to reward contributors.” The term was introduced by Vitalik in January 2014. It is mainly used for collaboration, transactions, social data, and other activities between protocols. The meaning of the word “share” includes sharing information, allowing people to exchange data and send it to others; sharing resources, involving them in governance or voting; sharing economic benefits, benefiting community members.
Insurance Mining
According to official sources, DeFi insurance protocol InsurAce launched its mining officially at 21:00 (Beijing time) on May 11th. Currently, it offers three methods on Uniswap: providing liquidity as an LP Token, staking liquidity incentives, and liquidity mining.InsurAce is one of the most popular insurance projects in the DeFi field, providing secure and reliable protection solutions for investors and DeFi users. The InsurAce platform uses smart contracts to protect users’ assets without worrying about hacks, flash loans, and other incidents.
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