Contents

Chapter 1

Features

  • Tiered Premiums: Low (2%), Medium (5%), High (10%) annualized base rates
  • Utilization Surge: Premiums increase at 50% and 80% pool utilization
  • Capital Pool: Liquidity providers earn premium distributions
  • Claims Adjudication: Owner-controlled (upgradeable to DAO/oracle)
  • Security: ReentrancyGuard, Ownable2Step, Pausable, CEI pattern
  • Cooldown: 7-day withdrawal cooldown prevents bank runs
Chapter 2

Architecture

                    ┌─────────────────┐
                    │  Coverage Pool   │
                    │  ──────────────  │
   Providers ──►   │  Capital + Premiums │ ──► Payouts
   Buyers    ──►   │  Policies + Claims  │
                    └─────────────────┘
Chapter 3
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Security Notes

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