Products

Two products. Defined terms.

Registry data is used before purchase. Stored contract policy data is used after purchase and is never replaced with newer registry values.

Product 01

Price Drop Protection

Covers a defined downside move on major crypto assets, measured against the Locked reference price captured by the contract during purchase.

BTCUSDTETHUSDTSOLUSDTBNBUSDT
Get Protection
Protected Drop
2% drop from locked reference price
Premium
1 GEN
Payout
2 GEN
Major Drop
3% drop from locked reference price
Premium
1 GEN
Payout
3 GEN
Crash Event
4% drop from locked reference price
Premium
1 GEN
Payout
4 GEN

Locked reference price: Binance live ticker fetched and stored during purchase.

Trigger price: Locked reference price multiplied by the registry drop threshold.

Settlement: closed Binance daily candle low checked sequentially.

Durations: 7, 14, 30 days; coverage starts the next UTC day.

Product 02

Stablecoin Depeg Protection

Protect USDT or USDC against defined direct-USD depeg thresholds using Binance USDTUSD and USDCUSD daily market data.

USDT / USDTUSDUSDC / USDCUSD
Get Protection
Soft Depeg
Binance daily low less than or equal to $0.998
Premium
1 GEN
Payout
2 GEN
Deep Depeg
Binance daily low less than or equal to $0.996
Premium
1 GEN
Payout
3 GEN
Severe Depeg
Binance daily low less than or equal to $0.994
Premium
1 GEN
Payout
4 GEN

Trigger metric: Binance daily low.

Trigger operator: less than or equal to the stored USD threshold.

The locked reference price confirms the stablecoin was above the selected threshold at purchase.

The depeg trigger itself is the absolute USD threshold stored in the policy.

A triggered policyholder claims the reserved payout after trigger confirmation.