LI.FI and InsurAceโs 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. โAs a brand new product, weโre starting small and will increase capacity regularly to fit demand,โ said InsurAce to CoinDesk over Twitter.
Cross-Chain Bridge Aggregator LI.FI and InsurAce Pitch Protection for Moving Crypto Between Blockchains