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.
Price Drop Protection
Covers a defined downside move on major crypto assets, measured against the Locked reference price captured by the contract during purchase.
- Premium
- 1 GEN
- Payout
- 2 GEN
- Premium
- 1 GEN
- Payout
- 3 GEN
- 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.
Stablecoin Depeg Protection
Protect USDT or USDC against defined direct-USD depeg thresholds using Binance USDTUSD and USDCUSD daily market data.
- Premium
- 1 GEN
- Payout
- 2 GEN
- Premium
- 1 GEN
- Payout
- 3 GEN
- 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.