Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$822.03K
Volume 24h$1.19K
Circulating supply383.45M38% of max 1B
Etherisc (DIP) is a decentralized insurance protocol built on Ethereum — think of it as insurance without the insurance company. Instead of filing claims and waiting weeks for a payout, smart contracts read real-world data and pay out automatically when something goes wrong, like a delayed flight or a failed harvest. DIP is the token that powers the whole ecosystem, used for staking in risk pools and voting on the platform's future.
Frequently asked questions
What is Etherisc and how is it different from traditional insurance?
Etherisc is a protocol for building decentralized, parametric insurance products. Instead of a company reviewing your claim, a smart contract checks objective data — for example, whether your flight was actually delayed — and pays out automatically. No claim forms, no adjusters, no weeks of waiting.
How does the technology behind Etherisc work?
The protocol runs on Ethereum, so it relies on Ethereum's Proof-of-Stake consensus for security. Insurance logic lives in smart contracts, while oracles feed in trusted real-world data (flight statuses, weather, crop yields) that triggers automatic payouts. Developers can also build their own insurance products on top of the open framework.
How is the DIP token supply structured?
DIP is a standard ERC-20 token with a fixed maximum supply, so new coins aren't endlessly minted. The initial supply was distributed through a token sale and community incentives, and today tokens mainly circulate via staking rewards and ecosystem programs. In short, it's a capped supply rather than an inflationary one.
How can I store and use DIP?
Any Ethereum-compatible wallet will do — MetaMask, Trust Wallet, or a hardware wallet like Ledger or Trezor. Within the Etherisc ecosystem, DIP can be staked in risk pools that back insurance policies, and it also carries governance weight in the DAO. Always verify you're interacting with the official contract address (0xc719d010b63e5bbf2c0551872cd5316ed26acd83) before any transaction.