DeFi

I. Definition

Project: 待翻译

Denominated token: The types of token in the insurance and compensation

Voucher token:Certificates of deposit that applicant needs to show in the compensation

Voucher address:Token contract address for certificates of deposit

Price: Depends on how many Voucher tokens can be exchanged for 1 Denominated token.e.g. Filda-HBTC: 50 fHBTC can be exchanged for 1 HBTC

Staking limit:When staking comes to a limit, premium is the lowest.

II. Compensation

Applicant deposits 1 cover(sum insured 0.001HBTC) and 0.05fHBTC(sum insured*price=50) between closure and expire, and take covers more than 25% of the covers sold. In thst case, applicant can take 0.001HBTC from capital pool and 0.05fHBTC.

That means applicant pays token of one cover +0.05fHBTC, he can get 0.001HBTC

Insurer pays o.oo1HBTC and gets 0.05fHBTC. Finally, cover finishes.

III. The compensation standard of HECO-HBTC:

IV. The compensation standard of HECO-ETH:

V. The compensation standard of HECO-HT:

VI. The compensation standard of HECO-USDT:

VII. The compensation standard of HECO-HUSD:

VIII. The compensation standard of BSC-USDT:

IX. The compensation standard of BSC-BUSD:

X. The compensation standard of BSC-BTCB:

XI. The compensation standard of BSC-ETH:

XII. The compensation standard of BSC-BNB:

XIII. The compensation standard of Conflux:

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