Cover Products

Members buy cover against a specific risk, for a chosen amount and period. Cover is discretionary: if you suffer a loss, the Claims Committee assesses your claim against the cover wording.

Every listing you can buy cover on belongs to a product. The product sets the cover wording, the grace period, and what counts as proof of loss. Single Protocol Cover is a product, and each protocol covered under it is a listing.

The product index lists only current listings. Cover already held on a listing that is no longer offered stays valid to its end date, and a claim on it is assessed under its own wording.

Cover wordings links the wording for every product with current listings.

New cover products

Members with pricing and risk expertise can develop new cover products and launch a staking pool to underwrite them. See Real World Risk for how that has worked, and get in touch to bring a risk to the Mutual.

If the protocol you want covered is not listed, contact us.