JuChain ecosystem Butterfly protocol's market value exceeds 300 million dollars and introduces smart insurance mechanism

ChainCatcher news, since the launch of the JuChain decentralized computing power protocol Butterfly on May 16, the BF token has increased by over 310 times, with a circulating market value exceeding 300 million USD.

As the core protocol of the JuChain public chain, Butterfly has introduced an insurance contract mechanism. Project parties can activate the smart insurance system by injecting 30% of the funds. In the event of an abnormal interruption of the project, the Butterfly protocol will automatically execute compensation, reducing risks and ensuring the safety of user assets. JuChain stated that it will continue to promote the construction of the Web3 security ecosystem based on this protocol.