InSure DeFi announced last Tuesday, December 21, through its Twitter account, its new partnership with Avalanche, to expand its crypto portfolio insurance ecosystem to Avalanche.
“We are delighted to announce our partnership with the Avalanche team to bring inSure DeFi’s crypto portfolio insurance capability to the Avalanche Network”, he said in an article posted on the Medium platform.
• The inSure DeFi token SURE will connect to Avalanche Network
• The process to enable Avalanche Network in your MetaMask wallet is easier than you think
• Joining Ethereum SURE to Avalanche will only take a few minutes and could save you thousands in gas fees
• The opening of this bridge is a gateway event for the expansion of inSure DeFi in Avalanche
The company noted that the growing popularity of decentralized finance and NFTs has led to larger blockchain networks, such as Ethereum, becoming congested with transactions and bogged down by high fees. Supporting the transition from Web 2 to a fully decentralized Web 3 requires building an advanced and secure infrastructure.
In his view, Avalanche solves these problems by providing a well-structured, easy-to-use, and fast smart contract platform that has the highest number of validators securing your activity of any proof-of-stake protocol.
MetaMask Settings for Avalanche – Custom RPC Settings
The first question many ask is, “which wallet should I use?” At Avalanche, they recommend MetaMask. MetaMask is a free, protected browser extension that allows users to easily interact with the Ethereum blockchain, as well as various other EVM-compliant Layer 1 chains, such as Avalanche.
New users can download and configure MetaMask here.
Once you have installed MetaMask, there are only a few steps left!
From your browser’s extension menu that looks like a puzzle piece in the upper right corner of your screen, select MetaMask. At the top near where it says “Ethereum Mainnet”, select the arrow pointing down. At the bottom, you will see “Custom RPC”. Select it.
A screen will appear allowing you to configure the custom RPC for Avalanche Network.
Enter the details as follows:
Network Name: Avalanche Network
New RPC URL: https://api.avax.network/ext/bc/C/rpc
String ID: 43114
Carefully enter the details and make sure you haven’t missed any of the above fields. Once you are sure you have everything set up correctly, click the “Save” button.
Congratulations! You are now connected to the Avalanche Network!