🗃️ CREED Token
3 items
🗃️ Capital Pool
3 items
📄️ Cover
Members can buy cover products to protect against any of the supported risks. Cover capacity is sourced from one or more staking pools, depending on available capacity.
📄️ Pricing
Previously, an offchain pricing module was used for cover products. This model has been sunset and pricing has now moved onchain, with a dynamic pricing model that determines the price of cover products.
📄️ Capacity
Staking pool managers allocate staked CREED to individual products to create open capacity, which is the amount of cover that can be sold over a given period of time for a given product. Capacity is calculated as follows:
🗃️ Staking
2 items
📄️ Claim Assessment
When a loss event occurs, members who held active cover can submit a claim. Once a claim is submitted, members can stake CREED and participate as a claim assessor, who reviews the validity of a submitted claim.
📄️ Intergrations
The protocol now supports commission rates. When you integrate and offer your users the ability to purchase cover through your user interface (UI), you can set a commission rate for any cover purchased through your UI.