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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