JuChain Ecosystem Butterfly Protocol Market Value Exceeds USD 300 Million and Introduces Smart Insurance Mechanism

Odaily News Since the launch of JuChain's decentralized computing power protocol Butterfly on May 16, the BF token has increased by more than 310 times, and its circulating market value has exceeded US$300 million.
As the core protocol of JuChain public chain, Butterfly has launched an insurance contract mechanism. The project party can activate the smart insurance system by injecting 30% of the funds. When the project encounters an abnormal interruption, the Butterfly protocol will automatically execute compensation, reduce risks and ensure the safety of user assets. JuChain said that it will continue to promote the construction of Web3 security ecology based on this protocol.