# Table of Contents - [Introducing DEIN | DEIN Finance](#introducing-dein-dein-finance) - [Glossary | DEIN Finance](#glossary-dein-finance) - [DEIN: Overview | DEIN Finance](#dein-overview-dein-finance) - [Onboarding Guides | DEIN Finance](#onboarding-guides-dein-finance) - [Purchasing a Policy | DEIN Finance](#purchasing-a-policy-dein-finance) - [Personalized Insurance (Demands) | DEIN Finance](#personalized-insurance-demands-dein-finance) - [Underwriting a Demand - Guide | DEIN Finance](#underwriting-a-demand-guide-dein-finance) - [Staking DEIN LP tokens | DEIN Finance](#staking-dein-lp-tokens-dein-finance) - [Underwriting a Policy Book | DEIN Finance](#underwriting-a-policy-book-dein-finance) - [Demand rewards - Guide | DEIN Finance](#demand-rewards-guide-dein-finance) - [Managing a Demand - Guide | DEIN Finance](#managing-a-demand-guide-dein-finance) - [Creating a Demand - Guide | DEIN Finance](#creating-a-demand-guide-dein-finance) - [Staking DEIN tokens | DEIN Finance](#staking-dein-tokens-dein-finance) - [How to receive voting rewards | DEIN Finance](#how-to-receive-voting-rewards-dein-finance) - [Earn by Depositing | DEIN Finance](#earn-by-depositing-dein-finance) - [Adding a Project | DEIN Finance](#adding-a-project-dein-finance) - [How to Vote | DEIN Finance](#how-to-vote-dein-finance) - [Referral system | DEIN Finance](#referral-system-dein-finance) - [Leaderboard & Rewards | DEIN Finance](#leaderboard-rewards-dein-finance) - [Policy Terms | DEIN Finance](#policy-terms-dein-finance) - [Premium calculations | DEIN Finance](#premium-calculations-dein-finance) - [De-pegging | DEIN Finance](#de-pegging-dein-finance) - [Profitability Meter | DEIN Finance](#profitability-meter-dein-finance) - [Smart Contract | DEIN Finance](#smart-contract-dein-finance) - [Airdrop Event | DEIN Finance](#airdrop-event-dein-finance) - [Auction House | DEIN Finance](#auction-house-dein-finance) - [Personalized Insurance | DEIN Finance](#personalized-insurance-dein-finance) - [Non-EVM Policies | DEIN Finance](#non-evm-policies-dein-finance) - [Making a Claim | DEIN Finance](#making-a-claim-dein-finance) - [Demands | DEIN Finance](#demands-dein-finance) - [💰 The Bidding Fee | DEIN Finance](#-the-bidding-fee-dein-finance) - [Withdrawing funds | DEIN Finance](#withdrawing-funds-dein-finance) - [Rewards | DEIN Finance](#rewards-dein-finance) - [Adding a Policy Book | DEIN Finance](#adding-a-policy-book-dein-finance) - [Auction House | DEIN Finance](#auction-house-dein-finance) - [Overview | DEIN Finance](#overview-dein-finance) - [Reward Pool | DEIN Finance](#reward-pool-dein-finance) - [Getting Insured | DEIN Finance](#getting-insured-dein-finance) - [DEIN LP staking | DEIN Finance](#dein-lp-staking-dein-finance) - [Compounded Pool | DEIN Finance](#compounded-pool-dein-finance) - [Compounded Pool Premium pricing | DEIN Finance](#compounded-pool-premium-pricing-dein-finance) - [Trusted Voters | DEIN Finance](#trusted-voters-dein-finance) - [Reputation and reward system | DEIN Finance](#reputation-and-reward-system-dein-finance) - [Voting | DEIN Finance](#voting-dein-finance) - [FAQ | DEIN Finance](#faq-dein-finance) - [Liquidity Cushion | DEIN Finance](#liquidity-cushion-dein-finance) - [Voting calculations | DEIN Finance](#voting-calculations-dein-finance) - [Allowance | DEIN Finance](#allowance-dein-finance) - [Underwriting | DEIN Finance](#underwriting-dein-finance) - [Links | DEIN Finance](#links-dein-finance) - [Capital Pool | DEIN Finance](#capital-pool-dein-finance) - [Native DEIN staking | DEIN Finance](#native-dein-staking-dein-finance) - [Claim voting process | DEIN Finance](#claim-voting-process-dein-finance) - [Math stuff | DEIN Finance](#math-stuff-dein-finance) - [Media Kit | DEIN Finance](#media-kit-dein-finance) - [Reinsurance Pool | DEIN Finance](#reinsurance-pool-dein-finance) - [Precise APY calculations | DEIN Finance](#precise-apy-calculations-dein-finance) --- # Introducing DEIN | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FZ05ZNc6knZupeecfHOG9%252FFrame%252012029.png%3Falt%3Dmedia%26token%3D69648d5b-0f03-43ae-9872-e0bc88be4a57&width=768&dpr=3&quality=100&sign=1e563502&sv=2) High-level DEIN overview [hashtag](https://docs.dein.fi/#the-problem) The Problem ------------------------------------------------------------- In the ever-evolving landscape of Decentralized Finance (DeFi), participants face significant challenges that hinder the industry's sustainable growth. These challenges include scalability limitations, lack of customization in insurance products, and difficulties in adapting to changing market needs. **Scalability:** Traditional insurance models often require team approval and lengthy implementation processes for expansion. Product pricing and earnings are inflexible, limiting the ability to respond to market dynamics. **Lack of Customization:** One-size-fits-all insurance products do not cater to unique requirements, preventing users from modifying coverage terms or limits to align with specific risks. **Troubles Adapting:** Centralized systems are vulnerable to regulatory constraints in various countries, and their lack of a modular design restricts flexibility. [hashtag](https://docs.dein.fi/#the-solution) The Solution --------------------------------------------------------------- DEIN \[dee-in\] offers a groundbreaking solution to these challenges. DEIN is a scalable platform that provides unlimited insurance options for users. It empowers users to buy or sell insurance for virtually anything, whether it's a physical or digital asset on any blockchain, a real-world or virtual event, or a custom and complex set of conditions. **Scalable:** DEIN's decentralized approach allows anyone to add new insurance products without requiring team approval. All products on DEIN dynamically scale in price based on supply and demand, maximizing profit potential for participants. **Customizable:** DEIN enables users to create their own terms and conditions, making it possible to cover any risk or meet specific demands. Users can also extend coverage or come to mutual agreements to modify terms as needed. **Flexible:** DEIN operates transparently and on-chain, with a tamper-resistant voting system that can be used to settle any claim. Its modular infrastructure is designed to be easily built upon, ensuring adaptability to emerging market needs. DEIN offers a comprehensive solution that not only addresses the challenges of scalability, customization, and adaptability but also puts users in control of their risk exposure while providing the means to protect their funds. [NextDEIN: Overviewchevron-right](https://docs.dein.fi/master) Last updated 1 month ago --- # Glossary | DEIN Finance [hashtag](https://docs.dein.fi/glossary#general-terms) General Terms ------------------------------------------------------------------------- **Active Claims** - Claims that are in the process of being voted on. Voters evaluate the evidence provided by Policyholders and decide on the validity of the Claim. **Active Coverage** \- The cumulative value, expressed in USDT, of all the currently active policies that the Policyholders have bought against a particular Policy Book. **Appeal** \- Re-examining a claim that has already been decided. In the Appeal process, the claim is evaluated only by Trusted Voters with high reputation scores. **Capacity** \- The current maximum obtainable Policy Size for a particular Policy Book. **Capital Pool** - Smart contract that manages USDT deposited in all the Policy Books within the DEIN Ecosystem. Earns profit via DeFi Yield Generator. **Claim** - Request made by the Policyholder to the DEIN DAO to receive compensation for the Coverage Event. **Claimant** - Policyholder that has submitted a Claim or an Appeal. **Claim Amount** \- The amount of money that the Claimant is asking for. This value should be supported by the evidence provided by the Claimant and is always equal to the Claimant's Policy size. **Collateral** \- Assets (USDT) provided by an Underwriter/Demand Investor to a Policy Book/Demand. **Compounded Liquidity** \- Additional Collateral provided by the Compounded Pool to carefully selected Policy Books. **Coverage Event** \- An event specified in the Policy's terms, which qualifies the Policyholder to make a Claim. **DEIN Native Staking Contract** \- Smart contract allowing users to stake their DEIN tokens for a certain period. The rewards are based on the amount staked and chosen lockup duration. **DEIN Native Staking NFT** \- An ERC-1155 issued as proof of staking DEIN. It allows users to accumulate rewards from the Reward Pool. If locked in the Voting Contract, the user gains the right to vote on Claims. **DEIN NFT Bond** \- A ERC-1155 non-fungible bond issued as proof of ownership of DEINxCover staked in the DEINxCover Staking Contract. **DEIN token** \- The native token of the DEIN ecosystem. **DEINxCover token** \- A fungible yield and risk-bearing token that represents a USDT deposit in any Policy Book. _(x stands for the Policy Book's name)_ **DEINxCover Staking Contract** - Smart contract that holds staked DEINxCover tokens and provides Underwriters with additional DEIN rewards. As a token representation user receives DEIN NFT bond. **Demand** \- A specific Policy request created by a user, outlining terms and premiums **Demand Creator** - The user who initiates demand creation, setting conditions & premium and becoming a Policyholder after validation. **Demand Investor** \- User that has provided collateral for any Demand. **Discount** \- Reduction in the original price of Policy's Premium, offered to Native Stakers upon reaching [certain staking thresholds.](https://docs.dein.fi/governance/native-dein-staking#discount-aand-staking-levels) **ETH/DEIN Uni V2 token** - Uniswap V2 Liquidity Pool token issued to the users in exchange for providing DEIN liquidity on Uniswap. Can be further staked in the DEIN LP Staking Contract in exchange for DEIN rewards. **LP Staking Contract** \- Smart Contract allowing for staking the Uniswap v2 LP tokens, or providing DEIN and ETH in equal worth in exchange for additional rewards. **LP Token** - ETH/DEIN Uni V2 token **Native Staker** \- User who has staked their DEIN tokens in the Native Staking smart contract. **Native Staking position** - This represents an individual's ownership of staked DEIN tokens and is symbolized by a DEIN Native Staking NFT, granting voting and reward eligibility. **Payout** - The agreed-upon amount determined by the DEIN DAO as compensation for the Claimant upon the acceptance of their claim. **Policy** - An agreement between a Policyholder and Underwriters that offers the right to make a claim when faced with the Coverage Event. **Policy Book** \- A pool of funds controlled by a smart contract that has been assigned to a specific project or platform. It can be underwritten in exchange for rewards or used to purchase a policy. **Policy Size** \- The maximum amount specified in the policy, determining the limit of compensation available for a claim. **Policyholder** \- A user that holds a Policy, for a specific Policy Book, entitling them to the right to make a claim in the event of a Coverage Event. **Premium** \- The amount paid, or that is required to be paid, for a specific Policy. [It's based on a number of factors.](https://docs.dein.fi/get-insured/getting-insured#how-is-the-premium-cost-determined) **Reputation Level** \- A DEIN user’s level of reputation; it increases or decreases based on how accurately a user assesses claims. The Reputation Score starts at 1.0x and can go as high as 3.0x, and as low as 0.1x. **Reward Pool** \- A set amount of DEIN tokens designated to motivate and incentivize DEIN users. Distribution rates are updated monthly. **Required Collateral** \- The amount of funds the Demand Creator asks the Demand Investors for in their Demand. **Saturation** \- Dynamic relationship between DEINxCover tokens and USDT within a policy book. This ratio can change due to premium payments or claim payouts, influencing the value of DEINxCover tokens in relation to USDT. circle-info A saturation ratio of 1:1 means that 1 DEINxCover token is equivalent to 1 USDT, and a ratio of 1:0.95 would signify that 1 DEINxCover token is worth 0.95 USDT. **Staking power (Cx)** \- Represents the value of a Native Staking position, impacting the rewards received. It's determined by the number of staked DEIN tokens and a multiplier associated with the NFT lockup duration. **Treasury** \- A reserved fund of DEIN tokens that serves as a financial resource for the project's ongoing development and growth. It's managed by the DEIN team (and later the DAO), and its purpose includes funding initiatives, partnerships, buybacks, and other strategic activities to enhance the platform's ecosystem and value. **Trusted Voter** - The top 15% of active voters by Reputation Score. **Utilization Ratio** \- The relation between the Active Coverage and the Collateral in the Policy Book (Active Coverage divided by Collateral). The higher the Utilization Ratio, the more expensive the Policy). circle-info For example, if 400 USDT of Active Coverage is reserved out of 1,000 USDT collateral in Policy Book A, the Utilization Ratio is 40%. **Underwriter** \- A DEIN user that provides collateral into a Policy Book. **Underwriter's Yield** \- Yield that the Underwriter is earning in exchange for bearing the risk and providing Collateral to a given Policy Book. This accounts for 20% of the Premium (80% for non-whitelisted pools). _Underwriters can choose to further stake their DEINxCover tokens in exchange for additional DEIN rewards._ **Voters** - Native Stakers that have locked their Native Staking's NFTs to vote on Claims. **Voting Contract -** A smart contract that facilitates the Voting process for Claims. It holds the locked DEIN Native Staking NFTs of users, which grants them voting rights. **Voting power** **(User's)** - Determines the weight of the Vote. It's calculated based on the cumulative value of User's Native Staking NFTs locked in the voting contract and the User's Reputation Level. [It grows sublinearly.](https://docs.dein.fi/governance/voting/voting-calculations#how-is-the-voting-power-calculated) **Voting power** **(NFT's)** - Voting value of a singular DEIN Native Staking NFT. [It's determined by the chosen duration, which directly corresponds to a Voting Multiplier.](https://docs.dein.fi/governance/native-dein-staking#dein-native-staking-terms) [PreviousDEIN: Overviewchevron-left](https://docs.dein.fi/master) [NextOnboarding Guideschevron-right](https://docs.dein.fi/onboarding-guides) Last updated 2 years ago --- # DEIN: Overview | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FAkmiPpKc1Q8B4BTNq4IG%252Fimage.png%3Falt%3Dmedia%26token%3D81f287cc-3bc5-470a-b128-cc596ecbf8c3&width=768&dpr=3&quality=100&sign=87ef78f4&sv=2) [hashtag](https://docs.dein.fi/master#what-is-dein) What is DEIN? ---------------------------------------------------------------------- DEIN, short for Decentralized Insurance Network, is a groundbreaking platform that offers permissionless, decentralized, and DAO-managed discretionary risk coverage. It is specifically designed to provide insurance for smart contracts, stablecoins, centralized exchanges, and other vital services within the DeFi ecosystem. The platform allows users to purchase coverage for their funds, enabling them to safeguard their assets against potential losses caused by hacks, rug-pulls, or other exploits leading to permanent loss of funds. Additionally, DEIN empowers individuals to actively participate in the insurance process by allowing them to provide coverage and liquidity for various smart contracts, exchanges, or listed services in exchange for yield. [hashtag](https://docs.dein.fi/master#what-is-the-point-of-dein) What is the point of DEIN? ------------------------------------------------------------------------------------------------ ### [hashtag](https://docs.dein.fi/master#id-1.-ease-the-uncertainty-of-the-decentralized-finance) 1\. **Ease the uncertainty of the Decentralized Finance** DEIN addresses the inherent risks and uncertainties that exist within the DeFi space. By providing a decentralized insurance network, it aims to enhance the trust and confidence of users, allowing them to navigate the DeFi landscape with reduced concerns about potential financial losses. ### [hashtag](https://docs.dein.fi/master#id-2.-for-the-people-by-the-people) **2.** **For the people, by the people** DEIN embraces the principles of decentralization and community governance. It is designed to be owned and governed by its users, ensuring that the decision-making process is inclusive and transparent. Through a decentralized autonomous organization (DAO) framework, DEIN allows individuals to actively participate in shaping the platform's policies and future development. ### [hashtag](https://docs.dein.fi/master#id-3.-adjust-expand-and-grow) **3.** **Adjust, Expand & Grow** DEIN has been architected with self-sustainability, flexibility, and scalability in mind. It aims to serve as an infrastructure that can be expanded and adjusted according to the needs of individuals and larger groups. By offering a modular approach, DEIN enables users to build their perfect solutions within the DeFi space, fostering innovation and growth. [hashtag](https://docs.dein.fi/master#how-to-use-dein) How to use DEIN? ---------------------------------------------------------------------------- You can participate in DEIN's infrastructure in three main ways, each cut-out for different types of users and their motives. #### [hashtag](https://docs.dein.fi/master#id-1.-protect-yourself) 1\. Protect yourself As an individual user, you can utilize DEIN to protect your funds by purchasing coverage policies tailored to your specific needs. Whether you require coverage for smart contracts, stablecoins, centralized exchanges, or other critical services, DEIN offers a wide array of insurance types and protocols. **2.** **Govern** DEIN's community governance model allows users to actively participate in decision-making processes. By voting on policy claims and their payouts, users collectively shape the insurance ecosystem and ensure fairness in assessing claims. Your involvement in governance helps maintain the integrity of the DEIN platform. **3.** **Earn** DEIN offers opportunities for users to earn through various means. You can provide liquidity and coverage for smart contracts, exchanges, or listed services, generating yield in return for your participation. Additionally, you can contribute to assessing claims fairly and receive compensation for your valuable contributions to the insurance ecosystem. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fk28VdtAoj9H82NCaYirh%252Fimage.png%3Falt%3Dmedia%26token%3Dfeed0560-f850-46ce-b7df-deebe4ddb915&width=768&dpr=3&quality=100&sign=975afbee&sv=2) [PreviousIntroducing DEINchevron-left](https://docs.dein.fi/) [NextGlossarychevron-right](https://docs.dein.fi/glossary) Last updated 2 years ago --- # Onboarding Guides | DEIN Finance Welcome to DEIN! We're here to guide you through various processes on our platform. Choose the process you'd like to learn about: **Get Insured:** This guide will take you through the step-by-step process of buying Policy for your crypto assets. [Purchasing a Policychevron-right](https://docs.dein.fi/onboarding-guides/purchasing-a-policy) **Personalized Insurance:** Discover the new and revolutionary process of creating and customizing insurance coverage tailored to your specific needs. [Personalized Insurance (Demands)chevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands) **Underwriting:** Learn how to deposit your funds and start earning juicy APYs! [Underwriting a Policy Bookchevron-right](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book) **DEIN native staking:** Understand the process of staking DEIN tokens to earn rewards, discounts, and voting power. [Staking DEIN tokenschevron-right](https://docs.dein.fi/onboarding-guides/staking-dein-tokens) **DEIN LP Staking:** Explore the steps to get and/or stake DEIN LP tokens and earn rewards. [Staking DEIN LP tokenschevron-right](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens) **Participating in Voting:** Get insights into how to engage in the voting process for claims and other decisions on the platform. [How to Votechevron-right](https://docs.dein.fi/onboarding-guides/how-to-vote) **Claiming Rewards:** This guide explains how to claim rewards earned from staking and voting activities. [How to receive voting rewardschevron-right](https://docs.dein.fi/onboarding-guides/how-to-receive-voting-rewards) **Adding a Project:** Learn how to add a new project to the DEIN platform. [Adding a Projectchevron-right](https://docs.dein.fi/onboarding-guides/adding-a-project) **BMI-DEIN Swap Event:** Understand the steps involved in participating in the BMI-DEIN token swap event. Choose a subpage and let us walk you through each step to ensure you have a seamless experience on DEIN. [PreviousGlossarychevron-left](https://docs.dein.fi/glossary) [NextPurchasing a Policychevron-right](https://docs.dein.fi/onboarding-guides/purchasing-a-policy) Last updated 1 month ago --- # Purchasing a Policy | DEIN Finance Purchasing Policy **STEP 1: Select your Policy Book** You may purchase Policies by navigating through the Browse Offers page under the Get Insured tab. This page consists of all of the existing Policy Books including notable projects such as Uniswap, Sushi, Compound, and Aave - to name a few. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FkVYgGSi2JyzC3a0tVElp%252Fimage.png%3Falt%3Dmedia%26token%3Da5512d02-0a6a-41d6-ac7c-b5e7947561ab&width=768&dpr=3&quality=100&sign=3fd38a9&sv=2) circle-info You can use the filters and sorting to narrow down the search to your preferences or use the search bar to find the Project by name directly. **STEP 2: Agree to the terms and conditions** Once you've selected a Policy Book and a project you wish to insure, carefully read through the terms and conditions associated with the Policy. Make sure you understand the scope of Policy, limitations, and any other relevant details. If you agree with the terms, proceed to the next step. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FimznAzrSs7upvdB5IjeG%252Fimage.png%3Falt%3Dmedia%26token%3D96336a55-9449-46e4-8cdf-bdbb6f2afe37&width=768&dpr=3&quality=100&sign=d05e0892&sv=2) **STEP 3: Choose the Policy period and amount** In this step, you'll need to decide on the Policy Duration and Size. Select how long you want the Policy to last, and specify the amount that you want to insure. Keep in mind that your Premium cost will be based on these choices. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fl9CTkk1iIEdGm4DTDan6%252Fimage.png%3Falt%3Dmedia%26token%3Dff55f0c7-ab10-49dc-9fa2-d7322b3143c9&width=768&dpr=3&quality=100&sign=290d416f&sv=2) circle-exclamation If this is your first time interacting with DEIN you may need to set the allowance first. This is however a very simple transaction, just press the allow button! **STEP 4: Pay the Premium and Enjoy Your Policy** After customizing your Policy to your preferences, it's time to make the premium payment. You can use USDT to pay for your insurance. Once the transaction is confirmed, your Policy will be activated, and your assets will be protected. You can also view your Policies and manage Claims from your dashboard. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fo336Ig1Em7QuzhQfHjOW%252Fimage.png%3Falt%3Dmedia%26token%3D175c6a49-7470-4140-b497-60be9ddb00e1&width=768&dpr=3&quality=100&sign=a3e21ff8&sv=2) Remember that you can always check your Policies and Claims status on your dashboard, making it easy to stay informed about your Policy. [PreviousOnboarding Guideschevron-left](https://docs.dein.fi/onboarding-guides) [NextPersonalized Insurance (Demands)chevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands) Last updated 2 years ago --- # Personalized Insurance (Demands) | DEIN Finance [Creating a Demand - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide) [Managing a Demand - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide) [Underwriting a Demand - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/underwriting-a-demand-guide) [Demand rewards - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/demand-rewards-guide) [PreviousPurchasing a Policychevron-left](https://docs.dein.fi/onboarding-guides/purchasing-a-policy) [NextCreating a Demand - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide) Last updated 1 year ago --- # Underwriting a Demand - Guide | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/underwriting-a-demand-guide#step-1-browse-available-open-demands) **Step 1: Browse Available Open Demands** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Visit the "Browse Demands" page, which can be found under the "Underwrite" tab on the DEIN platform. Here, you can explore the Demands that are currently Open and available for Underwriting. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FsKV7ISgOfPK1NwWvIYvD%252Fimage.png%3Falt%3Dmedia%26token%3Dae5aaf05-b92e-47ac-b675-f02a721a69c5&width=768&dpr=3&quality=100&sign=5ac5e906&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/underwriting-a-demand-guide#step-2-choose-a-demand-and-accept-terms-and-conditions) **Step 2: Choose a Demand and Accept Terms and Conditions** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Select the Demand that interests you the most, an87d be sure to carefully read and accept the terms and conditions associated with that Demand. This step is crucial before proceeding. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F0dXJ8qK7X2527DwpkLxg%252Fimage.png%3Falt%3Dmedia%26token%3D35f1142d-0a3f-4b1e-8475-0ab6fe17a18c&width=768&dpr=3&quality=100&sign=ee566e8a&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/underwriting-a-demand-guide#step-3-determine-your-deposit-amount) **Step 3: Determine Your Deposit Amount** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Decide on the amount of funds you want to Underwrite the Demand with. Make your selection based on your available resources and the Demand's requirements and conditions. The more Collateral you provide, the more Premium share you'll get. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FCYuWp982kzEi556uVg62%252Fimage.png%3Falt%3Dmedia%26token%3D6cd562ad-9335-4ef6-b071-5d1de8c299b0&width=768&dpr=3&quality=100&sign=b5d0fc69&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/underwriting-a-demand-guide#step-4-thats-it) **Step 4: That's It!** -------------------------------------------------------------------------------------------------------------------------------------------------------- Once you've completed these steps, you're all set. If you've successfully filled the entire Demand with your Collateral, you can claim your rewards immediately. If the Demand is not completely filled, you'll need to wait until it reaches its Required Collateral before rewards can be claimed. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fn0TespktAuLEJtLwtwwX%252Fimage.png%3Falt%3Dmedia%26token%3Dd76b6941-c37c-470c-b30c-bbf27916bac9&width=768&dpr=3&quality=100&sign=ffa50e3f&sv=2) See the demand rewards guide to proceed further: [Demand rewards - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/demand-rewards-guide) [PreviousManaging a Demand - Guidechevron-left](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide) [NextDemand rewards - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/demand-rewards-guide) Last updated 2 years ago --- # Staking DEIN LP tokens | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens#step-1-navigate-to-the-dein-lp-staking-page-and-accept-the-terms-and-conditions) **Step 1: Navigate to the DEIN LP Staking Page and Accept the Terms and Conditions** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Access the DEIN LP staking page by going to the Governance tab on the DEIN platform. Before proceeding, carefully review and accept the terms and conditions associated with DEIN LP staking. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fe7QoMYEHv1iMBBtAIu5B%252Fimage.png%3Falt%3Dmedia%26token%3Dbb64ff45-6ca1-46ec-b2e3-9af557c06364&width=768&dpr=3&quality=100&sign=4ad79414&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens#step-2-obtain-more-lp-tokens-optional) **Step 2: Obtain More LP Tokens (Optional)** ---------------------------------------------------------------------------------------------------------------------------------------------------------------- If you don't already own LP tokens and wish to acquire them, follow this step. Specify the amount of ETH and DEIN tokens you want to exchange for LP tokens. Ensure an equal distribution of ETH and DEIN. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FB8Cy7opLsD0F9Tbg674T%252Fimage.png%3Falt%3Dmedia%26token%3Dd990a590-4e46-4a75-9cb0-edfbf9da99f5&width=768&dpr=3&quality=100&sign=e70fb594&sv=2) circle-info [Please note that DEIN utilizes Uniswap v2 LP staking for this process. Learn more about LP staking here.](https://docs.dein.fi/governance/dein-lp-staking) [hashtag](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens#step-3-provide-the-amount-and-select-the-staking-duration) **Step 3: Provide the Amount and Select the Staking Duration** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Determine the number of LP tokens you want to stake and select the staking duration that aligns with your preferences. This choice will affect your staking goals and expected rewards. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FxXr27ohYMrgIJ8rZWiDp%252Fimage.png%3Falt%3Dmedia%26token%3Dc966f499-f0fe-4b44-aa07-8b8f36aa958e&width=768&dpr=3&quality=100&sign=7b3587a7&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens#step-4-stake-dein-lp-tokens-and-start-earning-rewards) **Step 4: Stake DEIN LP Tokens and Start Earning Rewards** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Proceed to stake your DEIN LP tokens once you've finalized your staking amount and duration. By staking, you become eligible to earn rewards through your LP token contributions. You can monitor and manage these rewards on your personal dashboard. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FhMWXfFUXzngUx6XuSesp%252Fimage.png%3Falt%3Dmedia%26token%3D52f1254b-8088-4f20-9ce4-fc4e7bea6752&width=768&dpr=3&quality=100&sign=b393a907&sv=2) [PreviousStaking DEIN tokenschevron-left](https://docs.dein.fi/onboarding-guides/staking-dein-tokens) [NextHow to receive voting rewardschevron-right](https://docs.dein.fi/onboarding-guides/how-to-receive-voting-rewards) Last updated 4 months ago --- # Underwriting a Policy Book | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book#step-1-select-a-policy-book) **STEP 1:** **Select a Policy Book** -------------------------------------------------------------------------------------------------------------------------------------------------- Navigate to the Policy Books page under the Underwrite tab. Here, you will find a list of available Policy Books. Each Policy Book represents a specific Project. Choose the one you want to Underwrite. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FYWdpygDThL8Y3EOIxjEV%252Fimage.png%3Falt%3Dmedia%26token%3D6f235f87-2f2a-4cbd-a98c-74bc815a40a3&width=768&dpr=3&quality=100&sign=c7f0e37c&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book#step-2-accept-the-terms-and-conditions) STEP 2: **Accept the Terms and Conditions** -------------------------------------------------------------------------------------------------------------------------------------------------------------------- Before proceeding, carefully review and accept the terms and conditions associated with the selected Policy Book. It's crucial to understand the terms and commitments involved in Underwriting. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FcJ6awRsOcFUjkEMJmPMb%252Fimage.png%3Falt%3Dmedia%26token%3Db0bc1fff-d71c-4539-a7d1-2b55058d3e42&width=768&dpr=3&quality=100&sign=5227c96f&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book#step-3-provide-the-amount-and-select-the-staking-duration) **STEP 3: Provide the Amount and Select the Staking Duration** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Specify the amount you want to underwrite for the chosen Policy Book. Additionally, select the lock-up duration that suits your preferences. Before you can deposit your funds, you might need to set up an [USDT allowance](https://docs.dein.fi/dein-system/allowance) . It's a simple process though so don't worry, just press the "Allow" button! circle-info Keep in mind that only whitelisted pools offer DEIN Rewards. [You can learn more about whitelisted pools herearrow-up-right](https://app.gitbook.com/o/-McJ-iuqO9ZipPOlcbI6/s/3q3w8sHRweEMFlACufqe/~/changes/1/underwrite/underwriting/rewards-for-liquidity-providers#how-do-i-earn-yield-in-dein) . ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FnRcDGBySzrua6KavXsJg%252Fimage.png%3Falt%3Dmedia%26token%3De16d5ad2-9542-4106-b91c-5ee39a4eee84&width=768&dpr=3&quality=100&sign=92af1546&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book#step-4-deposit-your-funds-and-start-earning-rewards) **STEP 4: Deposit Your Funds and Start Earning Rewards** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- To begin underwriting, deposit your USDT into the selected policy book. Once your funds are deposited, you will start earning rewards. These rewards can be managed and tracked on your dashboard, making it easy to monitor your positions and rewards over time. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fe04pCgaTpvNQnmQPf0IR%252Fimage.png%3Falt%3Dmedia%26token%3D80ad17ab-4fe5-47a6-97e2-6348d195dc07&width=768&dpr=3&quality=100&sign=fa30f828&sv=2) ### [hashtag](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book#to-learn-about-withdrawing-your-funds-please-read-this-article) **To learn about withdrawing your funds please read this article:** [⬅️Withdrawing fundschevron-right](https://docs.dein.fi/underwrite/underwriting/withdrawing-funds) [PreviousDemand rewards - Guidechevron-left](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/demand-rewards-guide) [NextStaking DEIN tokenschevron-right](https://docs.dein.fi/onboarding-guides/staking-dein-tokens) Last updated 2 years ago --- # Demand rewards - Guide | DEIN Finance The invested demands dashboard contains all the necessary information and models that will allow you to effectively manage your investments. [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/demand-rewards-guide#step-1-access-the-invested-demand-dashboard) **Step 1: Access the Invested Demand Dashboard** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- To manage your invested demands and associated rewards, navigate to the Invested Demand Dashboard within your DEIN account. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F61OuLlacvQPzz8GUcEQm%252Fimage.png%3Falt%3Dmedia%26token%3Df0a77126-fe7c-4eed-bc0c-a74b4952f4b3&width=768&dpr=3&quality=100&sign=a8170e11&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/demand-rewards-guide#step-2-claim-your-rewards) **Step 2: Claim Your Rewards** ------------------------------------------------------------------------------------------------------------------------------------------------------------------- On the Invested Demand Dashboard, locate the "Receive" button, located at the top-right corner of the page. Use this button to claim the rewards you've earned from your invested demands. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fdg1uF6fQcWn0nefJktwX%252Fimage.png%3Falt%3Dmedia%26token%3Dd27e95ad-63be-4a45-87c8-6631588c1c4a&width=768&dpr=3&quality=100&sign=39ebc7bc&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/demand-rewards-guide#step-3-withdraw-your-deposited-funds) **Step 3: Withdraw Your Deposited Funds** ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you wish to withdraw the funds you initially deposited into the demands, follow these steps: * Request a withdraw. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FD3BIcExLoeJ7q3DRT5hW%252Fimage.png%3Falt%3Dmedia%26token%3D403dfa30-67df-4b05-ae86-f9d349bdb976&width=768&dpr=3&quality=100&sign=94f80098&sv=2) * Wait for a 4-day withdraw period to pass. * After the 4-day period, you will have a 48-hour window to complete the withdraw. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FA0dNsCNgYRZANXXeITK7%252Fimage.png%3Falt%3Dmedia%26token%3D3a85feb4-22e8-4038-8e09-3070193c3ed4&width=768&dpr=3&quality=100&sign=c9b0cb75&sv=2) circle-info **Important Withdraw Details** * The 4-day withdraw period applies specifically to successful demands. * For demands that have not been realized, you can withdraw your deposited funds instantly. [PreviousUnderwriting a Demand - Guidechevron-left](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/underwriting-a-demand-guide) [NextUnderwriting a Policy Bookchevron-right](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book) Last updated 2 years ago --- # Managing a Demand - Guide | DEIN Finance By following these steps and accessing the Dashboard's "My Policies" section, you can effectively manage and make decisions regarding your demand on the DEIN platform. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F85wkCI54YrqYTh81XxWF%252Fimage.png%3Falt%3Dmedia%26token%3Df23ff971-6f74-4c05-8957-106c8cd14466&width=768&dpr=3&quality=100&sign=179b1d18&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide#step-1-forcefully-validate-a-demand) **Step 1: Forcefully Validate a Demand** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you believe that your Demand has already gathered sufficient Collateral or you don't anticipate it gathering more before it closes, you have the option to forcefully validate it. This action will trigger a recalculation of the premium based on the new Policy Size, and any remaining funds will be returned to you. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fq5zCeB1N1QQswSX4MQ5D%252Fimage.png%3Falt%3Dmedia%26token%3D37b72739-d072-468f-985d-2b03ce338907&width=768&dpr=3&quality=100&sign=8336e399&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide#step-2-receive-the-remaining-premium) **Step 2: Receive the Remaining Premium** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Whether you forcefully validated a Demand or it naturally closed, you can receive the unused portion of the premium you initially deposited. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FGaRco4F3z5KRf6m2bwF1%252Fimage.png%3Falt%3Dmedia%26token%3D232ec18c-09da-4f4e-9b63-c40b41748c0b&width=768&dpr=3&quality=100&sign=bf616cb5&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide#step-3-manage-your-valid-demand) **Step 3: Manage Your Valid Demand** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Once your demand becomes Valid, it functions like any other Policy within the DEIN ecosystem. You can manage and make decisions regarding your valid demand from your Dashboard under the "My Policies" section. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FrUTv2P2fNHW5iG9nZIod%252Fimage.png%3Falt%3Dmedia%26token%3Ddd2a165b-a340-4f2b-8529-582edc84fb2c&width=768&dpr=3&quality=100&sign=8e0916a&sv=2) [PreviousCreating a Demand - Guidechevron-left](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide) [NextUnderwriting a Demand - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/underwriting-a-demand-guide) Last updated 2 years ago * [Step 1: Forcefully Validate a Demand](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide#step-1-forcefully-validate-a-demand) * [Step 2: Receive the Remaining Premium](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide#step-2-receive-the-remaining-premium) * [Step 3: Manage Your Valid Demand](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide#step-3-manage-your-valid-demand) --- # Creating a Demand - Guide | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-1-accept-the-terms-and-conditions) **Step 1: Accept the Terms and Conditions** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Go to demand creator form and make sure to read and accept the terms and conditions. You can find the demand creator form under the "Get Insured" or "Browse Offers" sections, labeled as the "Create Your Policy" button, or directly from the "Get Insured" sub-menu: "Personalized Insurance". ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fl2bF7mSpVEno54eFZGmw%252Fimage.png%3Falt%3Dmedia%26token%3D5feec2b3-f428-4c54-b49d-a86661a42c59&width=768&dpr=3&quality=100&sign=26921ceb&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-2-choose-a-network-and-input-project-address) **Step 2: Choose a Network and Input Project Address** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Select the appropriate network (e.g., Ethereum, Binance Smart Chain) and input the project's address. Our system will automatically search for instances of the project on other chains, so you only need to provide one. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FGZIaEnuCYhXTSTcm4h1Y%252Fimage.png%3Falt%3Dmedia%26token%3D95562cd8-8a77-46e1-a652-35371130c9e9&width=768&dpr=3&quality=100&sign=1dd9b3f3&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-3-decide-on-coverage-amount-duration-and-premium) **Step 3: Decide on Coverage Amount, Duration, and Premium** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Determine the coverage amount you need, the duration of the policy, and the premium you're willing to pay. You can use the profitability meter as a guide to gauge the Premium amount. Remember that a higher Premium makes it more likely that your Demand will be quickly filled by the Underwriters. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FJmcf4sUhKsr9bZwL7jLU%252Fimage.png%3Falt%3Dmedia%26token%3Dba6ff17c-eb18-4f0d-afd5-2242c115242b&width=768&dpr=3&quality=100&sign=29137d0d&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-4-pay-the-premium-and-wait-for-your-demand-to-fill) **Step 4: Pay the Premium and Wait for Your Demand to Fill** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- After setting your preferences, proceed to pay the Premium. Once your transaction is confirmed, all that's left to do is wait for your Demand to be filled! ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F1GcQJ44mLOHa6t66Jpf0%252Fimage.png%3Falt%3Dmedia%26token%3D8bcc4920-fe0a-42b4-82c6-eeb3e62e01d2&width=768&dpr=3&quality=100&sign=d6b46c24&sv=2) #### [hashtag](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#you-can-go-to-the-next-step-which-involves-managing-your-demand) You can go to the next step, which involves managing your demand. [Managing a Demand - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide) [PreviousPersonalized Insurance (Demands)chevron-left](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands) [NextManaging a Demand - Guidechevron-right](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/managing-a-demand-guide) Last updated 2 years ago * [Step 1: Accept the Terms and Conditions](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-1-accept-the-terms-and-conditions) * [Step 2: Choose a Network and Input Project Address](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-2-choose-a-network-and-input-project-address) * [Step 3: Decide on Coverage Amount, Duration, and Premium](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-3-decide-on-coverage-amount-duration-and-premium) * [Step 4: Pay the Premium and Wait for Your Demand to Fill](https://docs.dein.fi/onboarding-guides/personalized-insurance-demands/creating-a-demand-guide#step-4-pay-the-premium-and-wait-for-your-demand-to-fill) --- # Staking DEIN tokens | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/staking-dein-tokens#step-1-navigate-to-the-stake-dein-page-and-accept-the-terms-and-conditions) **Step 1: Navigate to the Stake DEIN Page and Accept the Terms and Conditions** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Go to the Stake DEIN page, which is located under the Governance tab on the DEIN platform. Before proceeding, carefully review and accept the terms and conditions associated with DEIN staking. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F9CyU0XB9aN7ahmsKPhaG%252Fimage.png%3Falt%3Dmedia%26token%3D53a59214-6045-4e63-8472-ebb8eaa5c7f1&width=768&dpr=3&quality=100&sign=df31efd2&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/staking-dein-tokens#step-2-provide-the-amount-and-select-the-staking-duration) **Step 2: Provide the Amount and Select the Staking Duration** --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Specify the amount of DEIN tokens you wish to stake and choose the staking duration that aligns with your preferences. Make sure your selections match your staking goals and expectations. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F8VkTaS501FSrfegCS4mD%252Fimage.png%3Falt%3Dmedia%26token%3Db72621d8-db0f-4e19-b683-aacb60798f67&width=768&dpr=3&quality=100&sign=8ec11ac6&sv=2) circle-info The Approve transaction for DEIN tokens is a sign transaction, **it will not cost you any gas to execute!** [hashtag](https://docs.dein.fi/onboarding-guides/staking-dein-tokens#step-3-stake-dein-tokens-and-start-earning-rewards) **Step 3: Stake DEIN Tokens and Start Earning Rewards** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Once you've finalized your staking amount and duration, proceed to stake your DEIN tokens. By doing so, you initiate the staking process and become eligible to earn rewards. You will receive a DEIN Native Staking NFT as a proof of your staking position. It contains all information about your staking, accumulates rewards and can be used in Claims Assessment to participate in [Voting on Claims](https://docs.dein.fi/onboarding-guides/how-to-vote) . ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FGos91dIrrzepJcsC512r%252Fimage.png%3Falt%3Dmedia%26token%3D91b68743-720e-42d3-8e59-ba2e03585443&width=768&dpr=3&quality=100&sign=d6d05e3d&sv=2) circle-info Rewards can be monitored and managed on your personal dashboard, allowing you to keep track of your staked positions and associated rewards. [PreviousUnderwriting a Policy Bookchevron-left](https://docs.dein.fi/onboarding-guides/underwriting-a-policy-book) [NextStaking DEIN LP tokenschevron-right](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens) Last updated 2 years ago * [Step 1: Navigate to the Stake DEIN Page and Accept the Terms and Conditions](https://docs.dein.fi/onboarding-guides/staking-dein-tokens#step-1-navigate-to-the-stake-dein-page-and-accept-the-terms-and-conditions) * [Step 2: Provide the Amount and Select the Staking Duration](https://docs.dein.fi/onboarding-guides/staking-dein-tokens#step-2-provide-the-amount-and-select-the-staking-duration) * [Step 3: Stake DEIN Tokens and Start Earning Rewards](https://docs.dein.fi/onboarding-guides/staking-dein-tokens#step-3-stake-dein-tokens-and-start-earning-rewards) --- # How to receive voting rewards | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/how-to-receive-voting-rewards#step-1-navigate-to-the-claims-assessment-page) S**tep 1: Navigate to the Claims Assessment Page** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Navigate to the Claims Assessment page by clicking on the Governance tab within the DEIN platform. On this page, you will find essential information related to your voting activities, including your voting power, reputation score, and any pending rewards or penalties. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F1Y4bYubE6FKYR7RrD3hL%252Fimage.png%3Falt%3Dmedia%26token%3D30fc9912-0ae9-449d-b667-deeab70f802a&width=768&dpr=3&quality=100&sign=ba73876f&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/how-to-receive-voting-rewards#step-2-press-the-update-balance-button) **Step 2: Press the "Update Balance" Button** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- To initiate the process of receiving your voting rewards, simply locate and click on the "Update Balance" button. This action will execute the necessary transaction, ensuring that your rewards are promptly added to your account balance. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FU8fQazGOFUiJ0Gj34N3w%252Fimage.png%3Falt%3Dmedia%26token%3D649374a2-5bd2-4adf-a277-27ab7ae898a9&width=768&dpr=3&quality=100&sign=5f362245&sv=2) [PreviousStaking DEIN LP tokenschevron-left](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens) [NextHow to Votechevron-right](https://docs.dein.fi/onboarding-guides/how-to-vote) Last updated 2 years ago * [Step 1: Navigate to the Claims Assessment Page](https://docs.dein.fi/onboarding-guides/how-to-receive-voting-rewards#step-1-navigate-to-the-claims-assessment-page) * [Step 2: Press the "Update Balance" Button](https://docs.dein.fi/onboarding-guides/how-to-receive-voting-rewards#step-2-press-the-update-balance-button) --- # Earn by Depositing | DEIN Finance You can accumulate Points simply by depositing collateral into any **whitelisted Policy Book**. Here’s how it works: * **Daily Rewards:** As soon as you deposit, you start earning Daily Point Rewards automatically. * **Premium APY:** You also earn a Premium Annual Percentage Yield ([learn more about saturationarrow-up-right](https://docs.dein.fi/underwrite/underwriting#what-does-the-saturation-of-the-policy-book-mean) ). * **One-time Bonus:** Every new deposit comes with a **one-time 10% bonus** in Points, calculated based on your deposited amount. More deposits mean more bonuses! circle-info **Juicy Premiums!** DEIN waives its right to any protocol fee for the whitelisted policybooks, for the event's duration. This means a 100% of the premium paid for the policies will go right into the Underwriters pockets! ### [hashtag](https://docs.dein.fi/airdrop-event/earn-by-depositing#terms-and-conditions) Terms and Conditions Your deposits are locked for a **minimum duration of 3 months**, regardless of your joining date in the event. Apart from this, all activities adhere to the regular guidelines outlined in **tos.dein.fi**. ### [hashtag](https://docs.dein.fi/airdrop-event/earn-by-depositing#climb-the-leaderboard) Climb the Leaderboard Every Point earned contributes to your rank on the global leaderboard. Aim for the **top 10** to secure a share of the **20% Winners’ Bonus** from the total event reward pool. This is a fantastic opportunity to maximize your rewards through strategic deposits and carefully chosen earning potentials. [Leaderboard & Rewardschevron-right](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards) [PreviousAirdrop Eventchevron-left](https://docs.dein.fi/airdrop-event) [NextReferral systemchevron-right](https://docs.dein.fi/airdrop-event/referral-system) Last updated 1 month ago * [Terms and Conditions](https://docs.dein.fi/airdrop-event/earn-by-depositing#terms-and-conditions) * [Climb the Leaderboard](https://docs.dein.fi/airdrop-event/earn-by-depositing#climb-the-leaderboard) --- # Adding a Project | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/adding-a-project#step-1-accept-the-terms-and-conditions) **Step 1: Accept the Terms and Conditions** ---------------------------------------------------------------------------------------------------------------------------------------------------------- Go to the "Add Project" page and make sure to read and accept the terms and conditions. You can find the button for this on the Underwrite and Policy Books pages or use this [linkarrow-up-right](https://qa-dein.netlify.app/underwrite/policy-books/add) . ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Ffg41h3MnxpLIijYCRhmF%252Fimage.png%3Falt%3Dmedia%26token%3Dac8cf246-91a2-4386-be43-efbf3f651d59&width=768&dpr=3&quality=100&sign=6c4780a9&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/adding-a-project#step-2-choose-a-network-and-input-project-address) **Step 2: Choose a Network and Input Project Address** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Next, choose the appropriate network (e.g., Ethereum, Binance Smart Chain) and input the project's address. Our system will automatically search for instances of the project on other chains, so you only need to provide one address. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FlPsDstKZH4FYPwpBTKS7%252Fimage.png%3Falt%3Dmedia%26token%3De7a058aa-77d3-4b1c-9a00-0e615660ad18&width=768&dpr=3&quality=100&sign=f76dfc93&sv=2) **Step 3: Decide on the Deposit Amount** Decide on the amount of deposit you want to allocate to back up your project on the DEIN app. The minimum required amount is 100 USDT. However, we recommend making a substantial deposit in USDT to effectively bootstrap the capacity of the pool. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FqHdVaAF6f36UBasNRcMX%252Fimage.png%3Falt%3Dmedia%26token%3D264d2bb4-91e8-4d6e-ad2d-d352a2cb9d59&width=768&dpr=3&quality=100&sign=a71ecc6c&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/adding-a-project#step-4-deposit-the-funds-complete-the-process-by-depositing-the-funds) **Step 4: Deposit the Funds** Complete the process by depositing the funds. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Your project will be added to the DEIN app within a few minutes. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FmwyO412CQmCYzejfWrsx%252Fimage.png%3Falt%3Dmedia%26token%3D7c5dceec-659e-4698-b1e2-5a140ad61df9&width=768&dpr=3&quality=100&sign=edae28bd&sv=2) circle-info **What's Next?** Consider petitioning to whitelist your pool. This step can help further promote and enhance your project's visibility within the DEIN ecosystem. [PreviousHow to Votechevron-left](https://docs.dein.fi/onboarding-guides/how-to-vote) [NextAirdrop Eventchevron-right](https://docs.dein.fi/airdrop-event) Last updated 2 years ago * [Step 1: Accept the Terms and Conditions](https://docs.dein.fi/onboarding-guides/adding-a-project#step-1-accept-the-terms-and-conditions) * [Step 2: Choose a Network and Input Project Address](https://docs.dein.fi/onboarding-guides/adding-a-project#step-2-choose-a-network-and-input-project-address) * [Step 4: Deposit the Funds Complete the process by depositing the funds.](https://docs.dein.fi/onboarding-guides/adding-a-project#step-4-deposit-the-funds-complete-the-process-by-depositing-the-funds) --- # How to Vote | DEIN Finance [hashtag](https://docs.dein.fi/onboarding-guides/how-to-vote#step-1-stake-your-dein-tokens) **Step 1: Stake Your DEIN Tokens** ----------------------------------------------------------------------------------------------------------------------------------- If you haven't already staked your DEIN tokens, you'll need to start by staking them. You can refer to the [Stake DEIN guidearrow-up-right](https://chat.openai.com/c/insert_link) for detailed instructions on how to do this. [hashtag](https://docs.dein.fi/onboarding-guides/how-to-vote#step-2-open-the-lock-nft-modal) **Step 2: Open the Lock NFT Modal** ------------------------------------------------------------------------------------------------------------------------------------- Navigate to the Claims Assessment page under the Governance tab. Here, you will find the "Lock NFT" button. Click on it to proceed. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Ft2TbjA5qasxt0azkcanu%252Fimage.png%3Falt%3Dmedia%26token%3D100a3ddd-b6b6-4604-a76b-53c15bb63a0b&width=768&dpr=3&quality=100&sign=425ceddb&sv=2) The lock NFT button is located on the right. [hashtag](https://docs.dein.fi/onboarding-guides/how-to-vote#step-3-choose-and-lock-your-dein-nfts) **Step 3: Choose and Lock Your DEIN NFTs** --------------------------------------------------------------------------------------------------------------------------------------------------- In this step, you'll choose and lock your DEIN NFTs. Each of your NFTs may have different staking values and voting multipliers, affecting your voting power. Follow the on-screen instructions to complete this process. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FTyDTOKqp0Ahg4KaALmgC%252Fimage.png%3Falt%3Dmedia%26token%3D020acd4c-a25b-4f8e-8287-dd1fa495a51a&width=768&dpr=3&quality=100&sign=60886310&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/how-to-vote#step-4-browse-on-going-claims) **Step 4: Browse On-Going Claims** ----------------------------------------------------------------------------------------------------------------------------------- Take your time to carefully go through the on-going claims in the Browsing mode (top-right). Read each claim's details and explanations thoroughly. Your decisions will influence both the user's claim and the overall DEIN reputation. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FpUEq6Z5RKDtWfWyICXrM%252Fimage.png%3Falt%3Dmedia%26token%3D1244b0d0-ad28-4c83-984c-476eb5098b3e&width=768&dpr=3&quality=100&sign=700c2092&sv=2) circle-exclamation Before making a examinating the evidence and making a decision, make sure you understand each of the [Policy Terms](https://docs.dein.fi/get-insured/policy-terms) , including[Non-EVM Policies](https://docs.dein.fi/get-insured/non-evm-policies) . For additional insights and discussions, consider joining our [Discordarrow-up-right](https://discord.gg/dein) . triangle-exclamation It is possible for some Claims to be made without certain Front-End restrictions; these Claims are very likely fraudulent or at the very least not-aligned with the platform's best interest. We're always trying to make sure we spot these Claims and display appropriate information to the Voters in the "read more" details. _**Be sure to carefully read the claim details before making any votes or decisions, and check the Discord server for more insight.**_ [hashtag](https://docs.dein.fi/onboarding-guides/how-to-vote#step-5-declare-and-process-votes) **Step 5: Declare and Process Votes** ----------------------------------------------------------------------------------------------------------------------------------------- Switch to voting mode (top-right), select the claims you wish to vote for and declare the amount you deem appropriate. Remember, you can choose to approve (by voting with a positive amount) or reject (by voting with 0) the claim. ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FLukPssIiep9TlIzVZKXj%252Fimage.png%3Falt%3Dmedia%26token%3D47b0007d-a006-4103-af7e-d1c9d075f90c&width=768&dpr=3&quality=100&sign=912012fc&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/how-to-vote#step-6-dont-forget-to-expose-your-votes) **Step 6: Don't Forget to Expose Your Votes** -------------------------------------------------------------------------------------------------------------------------------------------------------- After the initial voting phase, the exposure phase begins, lasting for 7 days. During this time, you must expose your votes. Be sure not to miss this crucial step. Learn more about the exposure phase [here](https://docs.dein.fi/governance/voting/claim-voting-process#what-are-the-phases-of-voting) . ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FbHhpUkR5AohGoK8FkTcJ%252Fimage.png%3Falt%3Dmedia%26token%3D3d6efca8-9858-4009-a469-9d594c93a398&width=768&dpr=3&quality=100&sign=68e66d0b&sv=2) [hashtag](https://docs.dein.fi/onboarding-guides/how-to-vote#step-7-await-claim-result) **Step 7: Await Claim Result** --------------------------------------------------------------------------------------------------------------------------- Once the exposure phase concludes, the claimant will likely reveal the result of the claim. If this doesn't happen within the specified timeframe, anyone can do so after 4 days. You can learn more about this process [here](https://docs.dein.fi/get-insured/making-a-claim#how-is-the-outcome-of-the-vote-shown) . ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FFA9jYi1OOlquEAcNFfvy%252Fimage.png%3Falt%3Dmedia%26token%3D70c611c3-22bb-443b-995e-e3c48761ebcb&width=768&dpr=3&quality=100&sign=a3612830&sv=2) Reveal phase ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FaM5OPFLCHdkbi8uiXyn8%252Fimage.png%3Falt%3Dmedia%26token%3D4fe29aaa-ccd6-462f-97c9-14333397bf1d&width=768&dpr=3&quality=100&sign=12593a2e&sv=2) Rewards and penalties [PreviousHow to receive voting rewardschevron-left](https://docs.dein.fi/onboarding-guides/how-to-receive-voting-rewards) [NextAdding a Projectchevron-right](https://docs.dein.fi/onboarding-guides/adding-a-project) Last updated 1 year ago * [Step 1: Stake Your DEIN Tokens](https://docs.dein.fi/onboarding-guides/how-to-vote#step-1-stake-your-dein-tokens) * [Step 2: Open the Lock NFT Modal](https://docs.dein.fi/onboarding-guides/how-to-vote#step-2-open-the-lock-nft-modal) * [Step 3: Choose and Lock Your DEIN NFTs](https://docs.dein.fi/onboarding-guides/how-to-vote#step-3-choose-and-lock-your-dein-nfts) * [Step 4: Browse On-Going Claims](https://docs.dein.fi/onboarding-guides/how-to-vote#step-4-browse-on-going-claims) * [Step 5: Declare and Process Votes](https://docs.dein.fi/onboarding-guides/how-to-vote#step-5-declare-and-process-votes) * [Step 6: Don't Forget to Expose Your Votes](https://docs.dein.fi/onboarding-guides/how-to-vote#step-6-dont-forget-to-expose-your-votes) * [Step 7: Await Claim Result](https://docs.dein.fi/onboarding-guides/how-to-vote#step-7-await-claim-result) --- # Referral system | DEIN Finance ### [hashtag](https://docs.dein.fi/airdrop-event/referral-system#how-can-i-participate) How can I participate? Head over to app.dein.fi/ref, and connect your wallet! Once you are connected, you will be able to see your referral code in the My Referrals modal. _My Referral modal can also be opened by clicking the "Start referring now!" or "my referrals" buttons._ circle-check Share your code on your social media, gather your friends & family, and spread the word in your communities! ### [hashtag](https://docs.dein.fi/airdrop-event/referral-system#what-are-the-terms) What are the terms? 1. Each user you refer, who deposits any amount into a whitelisted policybook during the Airdrop Event's duration, will earn you a percentage of their deposit as Referral Points. 2. The more Referral Points you gather, the bigger the percentage you earn. 3. Each user you refer can earn up to a maximum of 10,000 Points as a bonus. 4. Your Referrals grow with you! As you gain higher Tiers, all users who've already used your code will receive bonus Points to match your new Tier. No man left behind! 5. Otherwise, the usual [tos.dein.fi arrow-up-right](https://tos.dein.fi/) apply. ### [hashtag](https://docs.dein.fi/airdrop-event/referral-system#whats-in-it-for-me) What's in it for me? You earn R**eferral Points** for each referred deposit (up to 5,000 per wallet). These scale with their Tier. _In short, the more users you refer, and the more they deposit, the more your Referral Percentage will increase!_ Tier **Referral Points** **Referral link percentage** 1 0–1,800 8% 2 1801-4,500 9% 3 4,501-10,000 10% 4 10,001-30,000 12% 5 30,001+ 15% ### [hashtag](https://docs.dein.fi/airdrop-event/referral-system#your-referrals-can-earn-with-you) Your referrals can earn with you! To make the referral process more appealing to the people you refer, they receive **bonus Points**, calculated as a % of their deposit based on the referral code’s **Tier,** up to a cap. Tier Bonus % Cap Tier Bonus % Cap 1 5% 2,000 2 6% 3,000 3 7% 4,000 4 8% 6,000 5 10% 10,000 circle-check Your Referrals grow with you! As you gain higher Tiers, all users who've already used your code will receive bonus Points to match your new Tier. No man left behind! [PreviousEarn by Depositingchevron-left](https://docs.dein.fi/airdrop-event/earn-by-depositing) [NextLeaderboard & Rewardschevron-right](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards) Last updated 1 month ago * [How can I participate?](https://docs.dein.fi/airdrop-event/referral-system#how-can-i-participate) * [What are the terms?](https://docs.dein.fi/airdrop-event/referral-system#what-are-the-terms) * [What's in it for me?](https://docs.dein.fi/airdrop-event/referral-system#whats-in-it-for-me) * [Your referrals can earn with you!](https://docs.dein.fi/airdrop-event/referral-system#your-referrals-can-earn-with-you) --- # Leaderboard & Rewards | DEIN Finance ### [hashtag](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#dein-rewards) DEIN rewards At the event's conclusion, the DEIN system calculates each user's share of the reward pool as follows: **Your Share = Your Points / Total Points** Factors influencing the outcome include: * Milestone-unlocked reward pool size * Top-10 leaderboard Winners' Bonus (if applicable) ### [hashtag](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#how-are-the-rewards-distributed) How are the rewards distributed? Your DEIN tokens will be placed in a **vesting contract** and will unlock gradually. ### [hashtag](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#winners-bonus) Winners' Bonus The Winners' Bonus is an additional reward reserved for the top 10 users on the leaderboard. 20% of the event's reward pool is allocated for this bonus, shared proportionally based on ranking and contribution. ### [hashtag](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#checking-your-rank) Checking Your Rank You can see your current position on the main event page's leaderboard at: [app.dein.fi/#leaderboardarrow-up-right](https://app.dein.fi/#leaderboards) ### [hashtag](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#what-happens-after) What happens after? After the **Token Generation Event (TGE)**, Policy Books' rewards switch to regular DEIN tokens. circle-check Following the event, your deposited funds will earn DEIN tokens at the same rate as points. [PreviousReferral systemchevron-left](https://docs.dein.fi/airdrop-event/referral-system) [NextGetting Insuredchevron-right](https://docs.dein.fi/get-insured/getting-insured) Last updated 1 month ago * [DEIN rewards](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#dein-rewards) * [How are the rewards distributed?](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#how-are-the-rewards-distributed) * [Winners' Bonus](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#winners-bonus) * [Checking Your Rank](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#checking-your-rank) * [What happens after?](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards#what-happens-after) --- # Policy Terms | DEIN Finance Smart Contract Coverage is protection against the loss of assets caused by a hack, exploit, or other type of attack against a protocol, comprised partially or entirely of smart contracts, where you had assets. [De-pegging Coverage](https://docs.dein.fi/get-insured/policy-terms/de-pegging) is protection against an asset, usually a stablecoin, de-pegging from its intended value. [PreviousPremium calculationschevron-left](https://docs.dein.fi/get-insured/getting-insured/premium-calculations) [NextSmart Contractchevron-right](https://docs.dein.fi/get-insured/policy-terms/smart-contract) Last updated 1 month ago --- # Premium calculations | DEIN Finance [hashtag](https://docs.dein.fi/get-insured/getting-insured/premium-calculations#how-exactly-is-the-premium-calculated) **How exactly is the Premium calculated?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- **P\_min -** Minimum Premium (expressed in %) **TP\_max** **\-** _Target maximum Premium when the asset is considered risky (expressed in %)_ **UR\_risky** **\-** Utilization Ratio for pricing model when the asset is considered risky (expressed in %) **P\_max** **\-** Maximum Premium when the utilization ratio equals 100% (expressed in %) **UR** **\-** Utilization ratio (expressed in %) **%P** **\-** % Premium in regards to the size of the Policy **%P\_final** **\-** final, % Premium in regards to the size of the Policy UR\=Capacity+Policy SizeLiquidityUR=\\frac {Capacity+Policy\\:Size} {Liquidity}UR\=LiquidityCapacity+PolicySize​ if URURrisky  ⟹  %P\=TPmax+UR−URrisky100%−URrisky∗(Pmax−TPmax)if\\:UR>{UR}\_{risky} \\implies \\%P=TP\_{max}+\\frac{UR-UR\_{risky}}{100\\%-UR\_{risky}}\*(P\_{max}-TP\_{max})ifUR\>URrisky​⟹%P\=TPmax​+100%−URrisky​UR−URrisky​​∗(Pmax​−TPmax​) %Pfinal\=max{%P,Pmin}\\%P\_{final}=max{\\{\\%P, P\_{min}\\}}%Pfinal​\=max{%P,Pmin​} Annualized Premium Cost\=Policy Size∗%PfinalAnnualized\\:Premium\\:Cost = Policy\\:Size \* \\%P\_{final}AnnualizedPremiumCost\=PolicySize∗%Pfinal​ [hashtag](https://docs.dein.fi/get-insured/getting-insured/premium-calculations#current-protocol-constants) Current protocol constants ------------------------------------------------------------------------------------------------------------------------------------------- **P\_min** = 1.8% **TP\_max** _\=_ 10% **UR\_risky** = 85% **P\_max** = 30% [PreviousGetting Insuredchevron-left](https://docs.dein.fi/get-insured/getting-insured) [NextPolicy Termschevron-right](https://docs.dein.fi/get-insured/policy-terms) Last updated 2 years ago * [How exactly is the Premium calculated?](https://docs.dein.fi/get-insured/getting-insured/premium-calculations#how-exactly-is-the-premium-calculated) * [Current protocol constants](https://docs.dein.fi/get-insured/getting-insured/premium-calculations#current-protocol-constants) --- # De-pegging | DEIN Finance The DEIN DAO (DEIN native token stakers) vote on whether claims are valid. As such, all payouts are discretionary as per the will of the DAO members. DAO members are financially incentivized to make decisions in accordance with the terms defined below; to learn more on how voting works, read the [Claim Voting Process](https://docs.dein.fi/governance/voting/claim-voting-process) page. If DAO members deviate from the terms below, the reputation of the protocol is at risk, and the value of their tokens (needed to vote) will likely decrease as a result. The more tokens a user has, the more voting power they have, and the more they stand to lose if a vote is inappropriately handled. [hashtag](https://docs.dein.fi/get-insured/policy-terms/de-pegging#definitions) Definitions: ------------------------------------------------------------------------------------------------- 1. **De-pegging Event** \- an event that meets all of the criteria defined in the section “What Is Covered?” below. 2. **Cover Period** - The duration of a policy, set by the policy purchaser. Coverage begins the moment the policy is purchased on the protocol. 3. **Covered Amount** \- means the amount of cover purchased by the Policy Holder. 4. **Permanent Loss** - Any loss of value that is, or will likely be, permanent. In the case of de-pegging, this is true if an asset loses its peg and it seems unlikely that the peg can or will be restored. 5. **Policy Holder** - The owner of the address that purchased an active policy. 6. **DAO** - A decentralized autonomous organization. In Bridge Mutual’s DAO, token holders can stake their BMI in the protocol to receive vBMI, which is used as a measurement of your voting power within the DAO. 7. **Pegged Asset** \- A digital asset designed to hold a stable price relative to another asset. Pegged Assets are typically pegged to the U.S. dollar, but there are other types of Pegged Assets, such as those pegged to the Euro, the British Pound, Ethereum (stETH), Bitcoin (wBTC) and more. Some examples: USDT, USDC, DAI, stETH, MIM, and many more. 8. **Threshold** \- The point of deviation between the value of the Pegged Asset and its target asset where the policy becomes eligible for a claim and may be compensated; the ratio is _0.94 : 1 or_ a _6%_ deviation. 9. **De-pegging Event** - Any event that causes a pegged asset to fall to or beneath the Threshold. 10. **Major Exchanges** - A centralized or decentralized exchange that is prominent in the crypto industry and tends to have high trading volume, including but not limited to Binance, FTX, Huobi, Kucoin, MEXC, Bitfinex, Gate, Uniswap, Sushiswap, Pancakeswap, and many others. [hashtag](https://docs.dein.fi/get-insured/policy-terms/de-pegging#what-is-covered) What is Covered? --------------------------------------------------------------------------------------------------------- _De-pegging coverage is intended to reimburse a user for any loss in the value of their Pegged Assets_ _should they de-peg, for any reason, from the price of its target asset._ _Example: If the price of USDC falls to $0.37 from $1.00, Policy Holders of USDC coverage would be eligible to receive $0.63 for every $1.00 of coverage they purchased, so long as they sold USDC at this de-pegged price. The reason the Policy Holder would not receive $1.00 for every $1.00 of coverage they purchased is because the Policy Holder can still sell USDC for $0.37 each._ **DEIN DAO members agree to approve a claim if:** During the Cover Period, I. The Pegged Asset's price fell to or below the Threshold price, and II. The Policy Holder sold some or all of the Pegged Asset at or below the Threshold price, and III. The Policy Holder suffered a Permanent Loss due to this sale, and IV. It is impossible, or seems unlikely, for the Policy Holder to be made whole by a third party, and V. The Permanent Loss is incurred by the same wallet address that purchased the policy, or the Permanent Loss was incurred by a different wallet address, but there is clear and convincing evidence that strongly suggests that the Policy Holder is the same owner of the wallet address that incurred the Permanent Loss. \[The intent of this clause is to ensure that Policy Holders are not selling or splitting the payouts of their policies to undeserving third parties.\] In the event that some Pegged Assets are sold both at/below and above the Threshold price, the protocol will only take into consideration the sale of the Pegged Assets that were sold at or below the Threshold Price, and ignore the sales that took place above the Threshold Price. \[For example: If the Threshold price on a de-pegging policy for USDC is $0.94, and the Policy Holder sells 100 USDC for $0.96 cents and 100 USDC for $0.70 cents, the protocol will ignore the sale of 100 USDC at $0.96 entirely. In this example, it is likely that the Policy Holder will receive a reimbursement of $30 in value for the sale of 100 USDC at $0.70 cents.\ \ It is irrelevant for how long a Pegged Asset falls below the Threshold; there is no time or duration requirement for a valid De-pegging claim, a claim can be valid as long as the above elements are met.\ \ [hashtag](https://docs.dein.fi/get-insured/policy-terms/de-pegging#what-is-acceptable-evidence)\ \ What is acceptable evidence?\ \ \ ---------------------------------------------------------------------------------------------------------------------------------\ \ I. Links to Major Exchanges showing evidence of a De-pegging Event.\ \ II. An etherscan link (or link to any other appropriate chain explorer, for example BSCscan and SOLscan) showing the transaction of the Policy Holder selling the Pegged Asset for a Permanent Loss. If no link is provided, the assumption will be that the Policy Holder's address is the same address that suffered the loss, and the DAO will check this wallet address for evidence.\ \ III. Anything that helps prove there was a Coverable Event.\ \ [PreviousSmart Contractchevron-left](https://docs.dein.fi/get-insured/policy-terms/smart-contract)\ [NextPersonalized Insurancechevron-right](https://docs.dein.fi/get-insured/personalized-insurance)\ \ Last updated 9 months ago\ \ * [Definitions:](https://docs.dein.fi/get-insured/policy-terms/de-pegging#definitions)\ \ * [What is Covered?](https://docs.dein.fi/get-insured/policy-terms/de-pegging#what-is-covered)\ \ * [What is acceptable evidence?](https://docs.dein.fi/get-insured/policy-terms/de-pegging#what-is-acceptable-evidence) --- # Profitability Meter | DEIN Finance [hashtag](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#what-is-the-profitability-meter) **What is the Profitability Meter?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------- The Profitability Meter is a unique metric that helps users assess the attractiveness of their potential Demand within DEIN's personalized insurance. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#how-does-the-profitability-meter-work) **How does the Profitability Meter work?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The Profitability Meter uses a scale from 1 to 100, with higher values indicating greater attractiveness. It calculates this attractiveness based on profit (Premium) **return values ranging from 0.25% to 4%.** [hashtag](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#how-is-the-profitability-meter-different-from-traditional-metrics-like-apy) **How is the Profitability Meter different from traditional metrics like APY?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Unlike the Annual Percentage Yield (APY), which represents an annualized return over a longer period, DEIN's Profitability Meter focuses on an Instant Reward model. This model includes a lockup period lasting up to a maximum of one month. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#why-the-percentage-values-may-appear-lower-compared-to-some-apys) **Why the percentage values may appear lower compared to some APYs?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- While the percentage values used to calculate the Profitability Meter may seem lower, it's important to remember that this metric represents an instant reward with a shorter lockup period. To make a fair comparison, you should scale up the **Profitability Meter's return values by a factor of 12** to account for the difference in timeframes, giving you an annualized view. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#was-it-really-necessary-to-create-a-new-profit-metric-like-the-profitability-meter) **Was it really necessary to create a new profit metric like the Profitability Meter?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- DEIN's personalized insurance offers a unique Instant Reward model that's different from traditional insurance and de-fi products. Therefore, a novel metric like the Profitability Meter is needed to accurately gauge the attractiveness of demand opportunities within DEIN's ecosystem. [PreviousPersonalized Insurancechevron-left](https://docs.dein.fi/get-insured/personalized-insurance) [NextAuction Housechevron-right](https://docs.dein.fi/get-insured/auction-house) Last updated 10 months ago * [What is the Profitability Meter?](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#what-is-the-profitability-meter) * [How does the Profitability Meter work?](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#how-does-the-profitability-meter-work) * [How is the Profitability Meter different from traditional metrics like APY?](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#how-is-the-profitability-meter-different-from-traditional-metrics-like-apy) * [Why the percentage values may appear lower compared to some APYs?](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#why-the-percentage-values-may-appear-lower-compared-to-some-apys) * [Was it really necessary to create a new profit metric like the Profitability Meter?](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter#was-it-really-necessary-to-create-a-new-profit-metric-like-the-profitability-meter) --- # Smart Contract | DEIN Finance The DEIN DAO (DEIN token stakers) vote on whether claims are valid. As such, all payouts are discretionary as per the will of the DAO members. DAO members are financially incentivized to make decisions in accordance with the terms defined below; to learn more on how voting works, read the [Claim Voting Process](https://docs.dein.fi/governance/voting/claim-voting-process) page. All votes are encrypted when cast, and decrypted after the voting period is over. Because voters cannot see how other members are voting, they cannot confidently game the system. Voters in the minority are not rewarded, and if they are in the extreme minority (a 90% / 10% vote split or more) their staked tokens are slashed. [hashtag](https://docs.dein.fi/get-insured/policy-terms/smart-contract#definitions) Definitions: ----------------------------------------------------------------------------------------------------- 1. **Coverable Event** \- an event that meets all of the criteria defined in the section “What Is Covered?” below. 2. **Cover Period** - The duration of a policy, starting at the moment it is purchased. 3. **Covered Amount** \- means the amount of cover specified by the Policy Holder at the time of coverage purchase. 4. **Permanent Loss** - Any loss of assets that is, or will likely be, permanent. The mere promise of repayment from the exploiter or the protocol, depending on the circumstances, does not preclude the loss from being permanent. There are often announcements from the team with an intent to repay, or negotiations with the exploiter, or an ongoing attempt to subdue the exploiter and reclaim the funds--the DAO must determine the likelihood of repayment in all these events. 5. **Policy Holder** - The owner of the address that purchased the policy. 6. **Protocol** - A system comprised entirely or partially of code that performs a function or series of functions. 7. **DAO** - A decentralized autonomous organization. In DEIN's DAO, token holders can stake their DEIN tokens in the protocol to receive vDEIN, which is used as a measurement of voting power within the DAO. [hashtag](https://docs.dein.fi/get-insured/policy-terms/smart-contract#what-is-covered) **What Is Covered?** ----------------------------------------------------------------------------------------------------------------- **Members of the DEIN DAO (token stakers) agree to approve claims if ALL of the following conditions are met:** 1. During the Cover Period, the Policy Holder suffers a Permanent Loss; and 2. The Permanent Loss was caused by the failure of the Protocol due to an unauthorized, unintended, or malicious use of the code or its functions; **or** 3. The Permanent Loss was caused by the Protocol's front-end interface due to an external attack; and 4. The value of the Permanent Loss, at the time it occurred, can be readily calculated; and 5. The on-chain address that purchased the policy is the same address that suffered the loss, or is clearly owned by the same Policy Holder that purchased the policy. \[The intent of this clause is to ensure that Policy Holders are not selling or splitting the payouts of their policies to third parties.\] [hashtag](https://docs.dein.fi/get-insured/policy-terms/smart-contract#what-is-not-covered) What Is Not Covered? --------------------------------------------------------------------------------------------------------------------- **Members of the DEIN DAO (token stakers) agree to deny claims if any of the following are true:** 1. The Permanent Loss suffered by the Policy Holder was not caused by any fault in the Protocol's code or front end. 2. The insured protocol uses a bridge developed by a third party in order to extend its token to other networks. This bridge is exploited, giving the exploiter a large number of the Protocol's tokens and crashing the token price. 3. The Protocol, its community, or popular news or social media sites made significant efforts to warn the public that there was a vulnerability in the Protocol's code or the Protocol's front end at least 24 hours before the Permanent Loss occurred, and the Policy Holder could have, but failed to, prevent the loss. 4. The Permanent Loss suffered by the Policy Holder was the fault, in whole or in part, of the Policy Holder; including phishing, personal security breaches, malware, key loggers, falling victim to a scam (regardless of the circumstances), or any other activity where the loss had nothing to do with the Protocol's code or front end. 5. The DAO has good reason to believe that the Policy Holder is responsible, or partially responsible, for the coverable event that caused the loss. (I.e., the Policy Holder is the exploiter.) 6. The Policy Holder has been reimbursed for their Permanent Loss, or will likely get reimbursed by another party, including: another insurance protocol, the Protocol itself, the exploiter, a charity, or any other party intending to repay the Policy Holder for the loss they suffered. 7. The Coverable Event took place outside of the Cover Period 8. The Protocol works as intended and is not exploited, but a Permanent Loss is suffered by the Policy Holder due to interference by, or misinformation from, a third-party source, such as an oracle, a DAO, a miner, another network, etc. 9. The loss is caused by a drop in value of the Protocol's native tokens being held directly by the Policy Holder in their own custody, regardless of whether the drop in value was caused directly or indirectly by the Coverable Event. 10. The claim is otherwise valid, but it is likely that the Protocol itself was deployed for the purpose of claiming coverage from DEIN. 11. The claim is otherwise valid, but the Protocol was forked from another protocol with known vulnerabilities. 12. The claim is otherwise valid, but the Protocol suffered an exploit that was disclosed in a publicly available audit report from a recognized auditing authority. 13. The Permanent Loss suffered was as a direct or indirect result of the depegging of a stable asset deployed directly by the Protocol. 14. The Permanent Loss was caused by movements in the price of any assets relied on by the Protocol. (Economic flaws in Protocol design are not covered). 15. The Permanent Loss was caused by a failure of the Protocol's front end due to negligence or a failure on the team's behalf, and not caused by an attack on the front end. [hashtag](https://docs.dein.fi/get-insured/policy-terms/smart-contract#what-are-the-standards-for-evidence) What are the standards for evidence? ----------------------------------------------------------------------------------------------------------------------------------------------------- The burden of proof lies on the Policy Holder. Policy Holders should keep this in mind when organizing their claims and should try to be as thorough and detailed as possible in their submission of evidence. We suggest submitting: 1. A thorough description of the events leading up to the coverable event, in chronological order, with as many links to on-chain data as possible. 2. Information and posts directly from the Protocol’s team members via official social media accounts or channels of communication (such as Twitter, Discord, Telegram, LinkedIn, and others.) 3. News stories and articles from credible news sources. 4. Transaction IDs, wallet addresses, and other on-chain data. 5. Screenshots of information or data that pertain to the claim (Keep in mind that images can be easily photoshopped and are not the most convincing evidence.) 6. Cryptographically signed evidence that ties the loss to the claimant. [hashtag](https://docs.dein.fi/get-insured/policy-terms/smart-contract#how-do-you-prove-a-loss-as-a-policy-holder) How do you prove a loss as a Policy Holder? ------------------------------------------------------------------------------------------------------------------------------------------------------------------- Policyholders that wish to make a claim should submit any or all of the following in an attempt to prove they have suffered a permanent loss: I. Transaction IDs proving that the Policy Holder’s wallet deposited assets into the protocol, and transaction IDs that pertain to the Coverable Event. II. Any post or article from the Protocol’s team, a reputable news source, or an auditing firm confirming that there was an exploit, and providing additional information. III. A description of the Coverable Event in the Policy Holder’s own words. IV. Supporting materials that may help to determine the value of the lost assets at the time of the Coverable Event. V. If the address affected was not the same address that purchased coverage, any evidence that proves the Policy Holder is the bonafide owner of the address that suffered a Permanent Loss. [hashtag](https://docs.dein.fi/get-insured/policy-terms/smart-contract#how-much-is-paid-out) How much is paid out? ----------------------------------------------------------------------------------------------------------------------- A successful claim can only receive up to the policy’s maximum coverable amount. Successful claims may receive less than the maximum coverable amount in the event that the DAO determines that the loss suffered by the Policy Holder was less than the maximum coverable amount. The DAO is incentivized to pay the claimant the exact amount that was actually lost in the coverable event. [PreviousPolicy Termschevron-left](https://docs.dein.fi/get-insured/policy-terms) [NextDe-peggingchevron-right](https://docs.dein.fi/get-insured/policy-terms/de-pegging) Last updated 2 years ago * [Definitions:](https://docs.dein.fi/get-insured/policy-terms/smart-contract#definitions) * [What Is Covered?](https://docs.dein.fi/get-insured/policy-terms/smart-contract#what-is-covered) * [What Is Not Covered?](https://docs.dein.fi/get-insured/policy-terms/smart-contract#what-is-not-covered) * [What are the standards for evidence?](https://docs.dein.fi/get-insured/policy-terms/smart-contract#what-are-the-standards-for-evidence) * [How do you prove a loss as a Policy Holder?](https://docs.dein.fi/get-insured/policy-terms/smart-contract#how-do-you-prove-a-loss-as-a-policy-holder) * [How much is paid out?](https://docs.dein.fi/get-insured/policy-terms/smart-contract#how-much-is-paid-out) --- # Airdrop Event | DEIN Finance [hashtag](https://docs.dein.fi/airdrop-event#what-is-the-airdrop-event) What is the Airdrop Event? ------------------------------------------------------------------------------------------------------- The Airdrop Event is a one-time liquidity campaign running until **DEIN Token Generation Event (TGE).** During the event, users earn **Points** by depositing collateral into **whitelisted Policy Books** or by participating in the **Referral Program**. Every Point you earn increases your share of the final **DEIN airdrop**, which will be distributed at TGE and vested over x months. The more you participate, directly or through referrals, the bigger your airdrop allocation becomes. [hashtag](https://docs.dein.fi/airdrop-event#how-can-i-participate) How can I participate? ----------------------------------------------------------------------------------------------- There are two ways you can participate in the Airdrop Event. No matter which method you use, all Points accumulate toward your final airdrop allocation. #### [hashtag](https://docs.dein.fi/airdrop-event#provide-collateral-to-any-whitelisted-policybook-and-earn-points-passively) **Provide collateral to any whitelisted policybook & earn Points passively.** You gain: * **Daily Point rewards** * **A one-time 10% bonus** based on the amount you deposited * **100% of the Policy Premium yield** (DEIN temporarily waives its protocol fee) [Earn by Depositingchevron-right](https://docs.dein.fi/airdrop-event/earn-by-depositing) #### [hashtag](https://docs.dein.fi/airdrop-event#use-or-share-referral-codes) **Use or share referral codes** * Use a referral code when depositing to earn **bonus Points** * Share your code to earn **referral Points** every time someone deposits using it Every action adds to your total Points and increases your final airdrop allocation. circle-exclamation **Your support matters!** Referral codes are tiered, with higher tiers providing bigger referral bonuses. Whenever the owner of a referral code reaches a higher tier, all users who've already used their code will receive additional points to ensure no early supporters are left out. [Referral systemchevron-right](https://docs.dein.fi/airdrop-event/referral-system) [hashtag](https://docs.dein.fi/airdrop-event#how-long-will-the-airdrop-event-last) How long will the Airdrop Event last? ----------------------------------------------------------------------------------------------------------------------------- The Event will last until the TGE. On TGE, all point distribution stops, referral codes are disabled, and final user shares are calculated. Rewards are then vested and distributed. [hashtag](https://docs.dein.fi/airdrop-event#how-much-can-i-earn) How much can I earn? ------------------------------------------------------------------------------------------- Your earnings are based solely on the **Points you accumulate** before the TGE. circle-info You can also compete with other users on the Leaderboards for the top 10 spots, which share 20% of the reward pool as the [Winner's Bonus!arrow-up-right](https://app.gitbook.com/o/-McJ-iuqO9ZipPOlcbI6/s/3q3w8sHRweEMFlACufqe/~/edit/~/changes/17/airdrop-event/leaderboard-and-rewards#whats-the-winners-bonus) [Leaderboard & Rewardschevron-right](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards) [hashtag](https://docs.dein.fi/airdrop-event#are-there-any-deposit-terms-i-should-be-aware-of) Are there any deposit terms I should be aware of? ----------------------------------------------------------------------------------------------------------------------------------------------------- Yes — but only one: * **Deposits have a minimum 3-month lock.** Other than that, deposits follow the standard rules on tos.dein.fi & the policybook rules during the deposit process. [Underwritingchevron-right](https://docs.dein.fi/underwrite/underwriting) [hashtag](https://docs.dein.fi/airdrop-event#can-i-get-insured) Can I get insured? --------------------------------------------------------------------------------------- Absolutely! The DEIN product is now live and ready for use. Purchase policies with confidence, knowing your assets are secure and protected! Claims made during the Airdrop Event will have extended voting periods and will be promptly resolved following the DEIN Token Generation Event (TGE). [PreviousAdding a Projectchevron-left](https://docs.dein.fi/onboarding-guides/adding-a-project) [NextEarn by Depositingchevron-right](https://docs.dein.fi/airdrop-event/earn-by-depositing) Last updated 1 month ago * [What is the Airdrop Event?](https://docs.dein.fi/airdrop-event#what-is-the-airdrop-event) * [How can I participate?](https://docs.dein.fi/airdrop-event#how-can-i-participate) * [How long will the Airdrop Event last?](https://docs.dein.fi/airdrop-event#how-long-will-the-airdrop-event-last) * [How much can I earn?](https://docs.dein.fi/airdrop-event#how-much-can-i-earn) * [Are there any deposit terms I should be aware of?](https://docs.dein.fi/airdrop-event#are-there-any-deposit-terms-i-should-be-aware-of) * [Can I get insured?](https://docs.dein.fi/airdrop-event#can-i-get-insured) --- # Auction House | DEIN Finance [hashtag](https://docs.dein.fi/get-insured/auction-house#what-is-the-auction-house) **What is the Auction House?** ----------------------------------------------------------------------------------------------------------------------- The Auction House is a new way to get custom insurance when there's no ready-made offer available. Instead of guessing the right premium, you open your request to the market and let underwriters bid on how much they'd charge to cover your risk. [hashtag](https://docs.dein.fi/get-insured/auction-house#how-does-it-work) **How does it work?** ----------------------------------------------------------------------------------------------------- You fill in the usual insurance details - like how much coverage you need, for how long, on which chain, and what protocol it’s for. Then, instead of setting a premium, you let the system open an auction for 3-7 days. During that time, underwriters place bids offering how much they're willing to cover and what premium they'd want for it. circle-info [hashtag](https://docs.dein.fi/get-insured/auction-house#whats-different-from-demands) **What’s different from Demands?** ------------------------------------------------------------------------------------------------------------------------------ In Demands, you have to set the premium yourself. Here, you don’t; underwriters compete and decide what the coverage is worth. That often means better pricing and more flexibility for you. [hashtag](https://docs.dein.fi/get-insured/auction-house#do-i-have-to-accept-the-outcome-of-the-auction) **Do I have to accept the outcome of the auction?** ----------------------------------------------------------------------------------------------------------------------------------------------------------------- Not at all. Once the bidding ends, you’ll see all the offers and can decide which ones to accept, scale to your target, or ignore completely. circle-info #### [hashtag](https://docs.dein.fi/get-insured/auction-house#auction-house-phases-overview) 🌀 Auction House – Phases Overview 1. **Creation** Set the insurance parameters, choose “Let the market decide,” and define how long the auction will run (3–7 days). 2. **Bidding** Underwriters place offers with their underwriting amount and requested premium. Each one includes a locked bidding fee to prove commitment. 3. **Review** When the auction ends, you review the bids, pick the ones you want (or use DEIN’s suggested selection), and pay the premium. 4. **Deposit** The underwriters you selected now need to deposit the funds they committed to. If they don’t, they lose their bidding fee. 5. **Top-Up** If some bids go unfunded, the missing amount reopens on the market at the same premium rate. Anyone can fill the gap. 6. **Final Review** Only happens if the gap hasn't been filled. You make a final call: if you are satisfied with what you've gathered, your policy goes live. If not, you can cancel. Your premium gets refunded either way (partially or in full). [hashtag](https://docs.dein.fi/get-insured/auction-house#how-do-i-know-bidders-will-follow-through) **How do I know bidders will follow through?** ------------------------------------------------------------------------------------------------------------------------------------------------------- To place a bid, underwriters must include a 1% bidding fee (minimum $100). If they back out after being chosen, they lose it - which helps ensure you’re not left hanging. That fee gets redistributed to you or the other participants. circle-check [hashtag](https://docs.dein.fi/get-insured/auction-house#failed-deposits-open-up-extra-opportunities-they-wont-last-long) **Failed deposits open up extra opportunities - they won't last long!** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If someone doesn’t fund their offer, your auction enters the **Top-Up phase**, where the missing amount gets filled by others on the open market - at the same premium. Anyone who helps top up not only earns that premium but also shares the deposit penalties from those who didn’t follow through. It’s a fast-moving opportunity, and top-up slots don’t stay open for long. **Your auction is very unlikely to hit a wall here!** [hashtag](https://docs.dein.fi/get-insured/auction-house#how-do-i-pay-and-how-much) **How do I pay, and how much?** ------------------------------------------------------------------------------------------------------------------------ You only pay after reviewing and selecting the bids you want to proceed with. The total premium is calculated based on those chosen offers, and you’re never locked in until then. circle-info [hashtag](https://docs.dein.fi/get-insured/auction-house#not-sure-which-bids-to-pick) **Not sure which bids to pick?** --------------------------------------------------------------------------------------------------------------------------- No worries - we’ve built the **DEIN Recommendation System**. It automatically picks bids to get you the best possible price while still reaching your full policy size. You’re free to adjust or override the selection as you see fit, though do keep in mind that any changes you make are no longer a DEIN recommendation. [hashtag](https://docs.dein.fi/get-insured/auction-house#what-if-no-bids-add-up-to-my-exact-policy-size-i-want) **What if no bids add up to my exact policy size I want?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Use the **Recalculate** feature - it will proportionally scale all the bids you’ve picked to perfectly match your coverage target. [hashtag](https://docs.dein.fi/get-insured/auction-house#when-does-my-policy-become-active) **When does my policy become active?** --------------------------------------------------------------------------------------------------------------------------------------- As soon as the full coverage is deposited, either during the Deposit phase or Top-Up, your policy is created, and you gain the right to file claims. [hashtag](https://docs.dein.fi/get-insured/auction-house#can-i-cancel) **Can I cancel?** --------------------------------------------------------------------------------------------- Yes - if you’re not happy with the bids or the top-up doesn’t meet your target, you can cancel before finalizing the policy and get your full premium back. [PreviousProfitability Meterchevron-left](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter) [NextMaking a Claimchevron-right](https://docs.dein.fi/get-insured/making-a-claim) Last updated 9 months ago * [What is the Auction House?](https://docs.dein.fi/get-insured/auction-house#what-is-the-auction-house) * [How does it work?](https://docs.dein.fi/get-insured/auction-house#how-does-it-work) * [Do I have to accept the outcome of the auction?](https://docs.dein.fi/get-insured/auction-house#do-i-have-to-accept-the-outcome-of-the-auction) * [How do I know bidders will follow through?](https://docs.dein.fi/get-insured/auction-house#how-do-i-know-bidders-will-follow-through) * [How do I pay, and how much?](https://docs.dein.fi/get-insured/auction-house#how-do-i-pay-and-how-much) * [What if no bids add up to my exact policy size I want?](https://docs.dein.fi/get-insured/auction-house#what-if-no-bids-add-up-to-my-exact-policy-size-i-want) * [When does my policy become active?](https://docs.dein.fi/get-insured/auction-house#when-does-my-policy-become-active) * [Can I cancel?](https://docs.dein.fi/get-insured/auction-house#can-i-cancel) --- # Personalized Insurance | DEIN Finance Personalized insurance within the DEIN protocol offers a groundbreaking opportunity to insure anything you want, as long as you provide solid terms and incentives for other users to underwrite it. It empowers you to create a tailored insurance Policy that precisely meets your needs and preferences. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#what-is-personalized-insurance) **What is personalized insurance?** ------------------------------------------------------------------------------------------------------------------------------------------ With personalized insurance, you have the potential to: #### [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#insure-anything-you-want) **Insure Anything You Want:** Personalized insurance opens the door to insuring a diverse range of assets and risks. Whether it's your valuable possessions, specific events, or even the performance of a protocol, **you have the freedom to obtain a Policy for your unique requirements.** #### [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#choose-your-own-premium) Choose your own Premium: By offering sufficient rewards and premiums, you can attract other users in the DEIN ecosystem to underwrite your personalized insurance demand. This creates a collaborative environment where users can participate and contribute to the whole infrastructure. #### [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#claim-instant-rewards) Claim Instant Rewards: One of the unique advantages that DEIN offers to Demand Investors is the **ability to claim the entire Premium for their underwriting period instantly.** Unlike traditional yield-generating platforms that distribute rewards gradually on each block, personalized insurance provides the opportunity to receive all rewards immediately. This means you can enjoy instant returns and the flexibility to reinvest your earnings without delay. circle-info Moreover, personalized insurance can be used by projects as a guarantee of their confidence in their own protocols. Similar to audits, this feature allows projects to add an extra layer of security and trust, reinforcing the credibility and reliability of the protocol. ### [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#this-rest-of-the-page-covers-demands-auctions-are-explained-in-the-next-section) ⚠️ This rest of the page covers Demands, Auctions are explained in the next section: [Auction Housechevron-right](https://docs.dein.fi/get-insured/auction-house) [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#how-does-it-work) **How does it work?** -------------------------------------------------------------------------------------------------------------- There are two active personas involved in Personalized Insurance: * **Demand Creator**: Creates a demand in the DEIN protocol. They have the authority to set the insurance conditions and premiums for potential Demand Investors, as well as forcefully validate a Demand that hasn't raised the full asking amount. After the demand becomes validated they become regular Policyholders in the DEIN system. * **Demand Investor**: Other users in the DEIN ecosystem can become Demand Investors by providing Collateral for any open Demand created by the Demand Creator. They can choose to participate and contribute to the Demand based on their risk appetite. They also benefit from the instant rewards mechanic which allows them to instantly profit from their investment. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#what-happens-when-a-demand-is-created) **What happens when a Demand is created?** -------------------------------------------------------------------------------------------------------------------------------------------------------- During the open status, which lasts for at most 72 hours after its creation, Demand Investors can provide Collateral for the demand. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#what-is-the-force-validation-process-for-a-demand) **What is the force validation process for a demand?** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- A Demand can be forcefully validated by the Demand Creator if the Required Collateral is not accumulated during the open status. This validation process triggers the Demand to become valid, and certain actions, such as Premium distribution and fund allocation, take place. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#what-are-the-different-demand-statuses) **What are the different demand statuses?** ---------------------------------------------------------------------------------------------------------------------------------------------------------- A demand can have various statuses: * **Open** – lasts for at most 72 hours after its creation. Demand Investors can provide Collateral for this Demand. * **Pending** – Required Collateral hasn't been accumulated, but there are some funds. Demand Creator has 24 hours to validate a Demand forcefully, thus changing the Policy Size, recalculating and withdrawing a portion of the Premium. * **Closed** – happens automatically, if Required Collateral is not accumulated or Demand Creator has not forced validation. If no Demand Investors participated in the Demand, the Demand Creator can withdraw 100% of their paid Premium; otherwise 1% of the paid Premium is distributed to the Demand Investors as compensation. * **Valid** – happens automatically if the Required Collateral is accumulated during Open status (72 hours) or Demand Creator has forced validation. From this point onward Policy terms and Policyholder rights apply. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#what-if-my-demand-doesnt-reach-the-required-collateral) What if my demand doesn't reach the Required Collateral? --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- You can still forcefully validate your demand during a 24h Pending window. After that, the demand becomes Closed and you can withdraw your deposited Premium. circle-exclamation Please note that Closed demands re-distribute 1% of the allocated Premium to Demand Investors as collateral. [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#how-can-a-personalized-insurance-policy-be-claimed) **How can a Personalized Insurance Policy be claimed?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Once the Demand becomes Validated, it becomes a Policy, and the Demand Crator a Policyholder. Which means the voting procedure can be applied, allowing Policyholder to create claims and subject them to DEIN DAO voting. The voting process ensures transparency and community involvement. [Making a Claimchevron-right](https://docs.dein.fi/get-insured/making-a-claim) [Votingchevron-right](https://docs.dein.fi/governance/voting) [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#how-does-creating-a-demand-for-non-evm-chain-work-on-dein) **How does creating a Demand for Non-EVM chain work on DEIN?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ When you create a demand for Non-EVM chains through DEIN, you have the opportunity to specify which Non-EVM chains you wish to cover. As part of this process, it's essential to provide the wallet address for each Non-EVM chain included in your demand. circle-check The provided wallet addresses are key for the subsequent wallet pairing process, which is a vital step for establishing your ownership of the assets and securing a valid Policy and Claim rights. [Non-EVM Policieschevron-right](https://docs.dein.fi/get-insured/non-evm-policies) [hashtag](https://docs.dein.fi/get-insured/personalized-insurance#how-are-rewards-distributed-in-personalized-insurance) **How are Rewards distributed in Personalized Insurance?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Unlike traditional yield-generating platforms that distribute rewards gradually on each block, **DEIN's personalized insurance offers an exceptional opportunity for an Instant Reward claim.** Demand Investors have the unique advantage of instantly claiming all Premium for their underwriting period. [PreviousDe-peggingchevron-left](https://docs.dein.fi/get-insured/policy-terms/de-pegging) [NextProfitability Meterchevron-right](https://docs.dein.fi/get-insured/personalized-insurance/profitability-meter) Last updated 9 months ago * [What is personalized insurance?](https://docs.dein.fi/get-insured/personalized-insurance#what-is-personalized-insurance) * [⚠️ This rest of the page covers Demands, Auctions are explained in the next section:](https://docs.dein.fi/get-insured/personalized-insurance#this-rest-of-the-page-covers-demands-auctions-are-explained-in-the-next-section) * [How does it work?](https://docs.dein.fi/get-insured/personalized-insurance#how-does-it-work) * [What happens when a Demand is created?](https://docs.dein.fi/get-insured/personalized-insurance#what-happens-when-a-demand-is-created) * [What is the force validation process for a demand?](https://docs.dein.fi/get-insured/personalized-insurance#what-is-the-force-validation-process-for-a-demand) * [What are the different demand statuses?](https://docs.dein.fi/get-insured/personalized-insurance#what-are-the-different-demand-statuses) * [What if my demand doesn't reach the Required Collateral?](https://docs.dein.fi/get-insured/personalized-insurance#what-if-my-demand-doesnt-reach-the-required-collateral) * [How can a Personalized Insurance Policy be claimed?](https://docs.dein.fi/get-insured/personalized-insurance#how-can-a-personalized-insurance-policy-be-claimed) * [How does creating a Demand for Non-EVM chain work on DEIN?](https://docs.dein.fi/get-insured/personalized-insurance#how-does-creating-a-demand-for-non-evm-chain-work-on-dein) * [How are Rewards distributed in Personalized Insurance?](https://docs.dein.fi/get-insured/personalized-insurance#how-are-rewards-distributed-in-personalized-insurance) --- # Non-EVM Policies | DEIN Finance [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#what-is-non-evm-coverage) **What is Non-EVM coverage?** ------------------------------------------------------------------------------------------------------------------------ Non-EVM coverage refers to Policies for digital assets on blockchains that do not support Ethereum's Virtual Machine (EVM). These chains have unique address formats and thus require a distinct verification method to ensure policyholders' ownership. [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#how-does-dein-manage-policies-for-non-evm-chains) **How does DEIN manage policies for Non-EVM chains?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ For Non-EVM chains, DEIN generates a random 6-digit number when a user purchases a policy. This number is used to confirm the ownership of the wallet on the Non-EVM chain through a special transaction. [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#what-steps-must-i-take-to-prove-ownership-of-my-non-evm-wallet) **What steps must I take to prove ownership of my Non-EVM wallet?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- To pair your DEIN Policy with a Non-EVM wallet, you need to send a nominal amount of any token from that wallet. Specifically, send 0.X tokens, where X is the 6-digit number provided by DEIN. This transaction acts as proof of ownership. circle-exclamation Please make sure the token you're sending has at least 6 decimals [How to read the token's decimalsarrow-up-right](https://support.coingecko.com/hc/en-us/articles/5298401805337-How-to-read-decimals-from-blockchain-explorer-) [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#what-is-the-purpose-of-the-specific-transaction-amount-during-the-wallet-pairing-process) **What is the purpose of the specific transaction amount during the wallet pairing process?** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The transaction amount serves as a verifiable action that the user controls the wallet. Since the 6-digit number is unique to each policy purchase, successfully completing this transaction and providing its hash to DEIN proves ownership without exposing the user's private keys or compromising security. [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#what-do-i-do-after-completing-the-transaction) **What do I do after completing the transaction?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------ Once your transaction on the Non-EVM chain is confirmed, you must provide the transaction hash to DEIN. This step finalizes the pairing process between your DEIN policy and your Non-EVM wallet. [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#when-can-i-submit-my-transaction-hash-to-dein) **When can I submit my transaction hash to DEIN?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------ You can only submit the transaction hash during the claiming process. However, you are free to conduct the wallet pairing transaction at any point before a claim is necessary. [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#is-the-wallet-pairing-transaction-time-sensitive) **Is the wallet pairing transaction time-sensitive?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ No, the pairing transaction can be done at any time while the policy is claimable. There is no deadline for this transaction as long as it precedes any claim you wish to make. [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#can-the-transaction-hash-for-wallet-pairing-be-changed) **Can the transaction hash for wallet pairing be changed?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Yes, DEIN allows users to change their pairing transaction hash at any time during the claiming period. This flexibility ensures users can maintain control over their claim and respond to any changes or errors in the initial pairing process. * * * circle-info [hashtag](https://docs.dein.fi/get-insured/non-evm-policies#how-does-the-wallet-pairing-for-non-evm-coverage-affect-different-personas-within-the-dein-ecosystem) **How does the wallet pairing for Non-EVM coverage affect different personas within the DEIN ecosystem?** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The wallet pairing process is integral to maintaining the integrity and trust of the DEIN insurance platform, and it impacts various roles differently: 1. **Policyholders and Claimants**: These users are most affected by the wallet pairing process. Policyholders need to ensure that they complete the pairing correctly to validate their ownership, which is crucial for a smooth Claim process. For Claimants, providing the transaction hash is a critical step to prove ownership, thus making their Claim valid. 2. **Underwriters**: Underwriters are generally not directly affected by the Non-EVM wallet pairing process. Their main concern remains the overall health of the Policy Books they support, rather than the individual claims and the associated verification steps. 3. **Voters**: Voters have a significant responsibility when it comes to Non-EVM claims. They must meticulously review the provided evidence to confirm that the wallet pairing was completed correctly. _**Each Claim includes the unique wallet pairing number and the corresponding pairing transaction hash, which the voters are required to validate.**_ Accurate validation of wallet ownership is essential for the voters to make informed decisions on claim approvals or denials, thereby upholding the platform's credibility. [PreviousMaking a Claimchevron-left](https://docs.dein.fi/get-insured/making-a-claim) [NextUnderwritingchevron-right](https://docs.dein.fi/underwrite/underwriting) Last updated 2 years ago * [What is Non-EVM coverage?](https://docs.dein.fi/get-insured/non-evm-policies#what-is-non-evm-coverage) * [How does DEIN manage policies for Non-EVM chains?](https://docs.dein.fi/get-insured/non-evm-policies#how-does-dein-manage-policies-for-non-evm-chains) * [What steps must I take to prove ownership of my Non-EVM wallet?](https://docs.dein.fi/get-insured/non-evm-policies#what-steps-must-i-take-to-prove-ownership-of-my-non-evm-wallet) * [What is the purpose of the specific transaction amount during the wallet pairing process?](https://docs.dein.fi/get-insured/non-evm-policies#what-is-the-purpose-of-the-specific-transaction-amount-during-the-wallet-pairing-process) * [What do I do after completing the transaction?](https://docs.dein.fi/get-insured/non-evm-policies#what-do-i-do-after-completing-the-transaction) * [When can I submit my transaction hash to DEIN?](https://docs.dein.fi/get-insured/non-evm-policies#when-can-i-submit-my-transaction-hash-to-dein) * [Is the wallet pairing transaction time-sensitive?](https://docs.dein.fi/get-insured/non-evm-policies#is-the-wallet-pairing-transaction-time-sensitive) * [Can the transaction hash for wallet pairing be changed?](https://docs.dein.fi/get-insured/non-evm-policies#can-the-transaction-hash-for-wallet-pairing-be-changed) --- # Making a Claim | DEIN Finance [hashtag](https://docs.dein.fi/get-insured/making-a-claim#summary) Summary ------------------------------------------------------------------------------- If a user wants to make a claim, they need to deposit 1% of the Policy Size in DEIN tokens to prevent frivolous claims from being spammed. * If the claim is approved, USDT is issued to the Claimant, along with the DEIN fee paid (decreased by a small commission for the "View Verdict" reward) * If a claim is denied, the Claimant may Appeal by depositing an additional 1% of the claim’s value in DEIN. * Appeals work in a similar fashion to Claims, with the exception that only the Trusted Voters can vote on them (Trusted Voters are users with a Reputation Score over 2 and in the top 15th percentile). * The appeal's verdict is final. [hashtag](https://docs.dein.fi/get-insured/making-a-claim#where-do-i-make-a-claim) **Where do I make a claim?** -------------------------------------------------------------------------------------------------------------------- You can Claim any active Policy in the Dashboard -> My policies circle-exclamation If your policy covers Non-EVM chains you'll need to conduct a Non-EVM wallet pairing transaction. Learn more about wallet pairing in the [Non-EVM Policies](https://docs.dein.fi/get-insured/non-evm-policies) section. [hashtag](https://docs.dein.fi/get-insured/making-a-claim#when-can-i-make-a-claim) **When can I make a Claim?** -------------------------------------------------------------------------------------------------------------------- Whenever the Policy is active and up to seven days after the expiration of the Policy. If the Claim is Denied, you have an additional seven days from the date of the Denied to make an Appeal. For a claim to be valid, the Coverage Event must have happened before the end of the last Policy epoch. Otherwise, the Claim should be denied. To read more about what we currently cover, head to the gitbook section below: [Policy Termschevron-right](https://docs.dein.fi/get-insured/policy-terms) While a Claim is actively being voted on, you cannot purchase additional Coverage against that same Policy Book. [hashtag](https://docs.dein.fi/get-insured/making-a-claim#how-is-the-outcome-of-the-claim-determined) **How is the outcome of the Claim determined?** ---------------------------------------------------------------------------------------------------------------------------------------------------------- Via voting. This is explained in more detail in the following section: [🗒️Claim voting processchevron-right](https://docs.dein.fi/governance/voting/claim-voting-process) [hashtag](https://docs.dein.fi/get-insured/making-a-claim#how-long-does-it-take-to-review-my-claim) How long does it take to review my claim**?** ------------------------------------------------------------------------------------------------------------------------------------------------------ Voting on claims lasts for a minimum of 2 weeks. After this period is over, anyone can trigger the resolution of the claim, with the claimant having a 4-day priority. [hashtag](https://docs.dein.fi/get-insured/making-a-claim#how-is-the-outcome-of-the-vote-shown) **How is the outcome of the vote shown?** ---------------------------------------------------------------------------------------------------------------------------------------------- The outcome of a Claim must be pulled from the smart contracts to be revealed. To avoid situations where the Claimant never pulls the result of a Claim, we designed a model that allows anyone to pull and reveal the outcomes of Claims. The user that pulls and reveals the Claim receives additional rewards. Claimant has a 4-day priority period in which only they can view the verdict, after which anyone has 6 days to reveal it. If the claim result is not revealed after 10 days, DEIN system will automatically pull the result and calculate the verdict. The gas fees for this transaction are taken from the claim's payout or the 1% deposit fee. [hashtag](https://docs.dein.fi/get-insured/making-a-claim#how-can-i-receive-the-payout) How can I receive the payout? -------------------------------------------------------------------------------------------------------------------------- If your claim has been approved, after revealing the result of the claim and waiting 4 days for the request to be processed, you will have 8 days to withdraw both your claim payout and the 1% DEIN fee. If you miss this window, you'll be able to request the withdrawal again until your policy is active. [hashtag](https://docs.dein.fi/get-insured/making-a-claim#how-is-the-claim-payout-calculated) How is the claim payout calculated? -------------------------------------------------------------------------------------------------------------------------------------- **FA** - final amount provided to the Claimant **VP\_x -** Voter\_x's Voting Power [How is the Voting Power calculated?](https://docs.dein.fi/governance/voting/voting-calculations#how-is-the-voting-power-calculated) **PA\_x** - the proposed amount by the Voter\_x FA\=∑1x(VPx∗PAx∑1n(VP1+VPn))FA = \\sum\_{1}^x(\\frac {{VP}\_x\*PA\_x} {\\sum\_{1}^n({VP}\_1+{VP}\_n)})FA\=1∑x​(∑1n​(VP1​+VPn​)VPx​∗PAx​​) [PreviousAuction Housechevron-left](https://docs.dein.fi/get-insured/auction-house) [NextNon-EVM Policieschevron-right](https://docs.dein.fi/get-insured/non-evm-policies) Last updated 1 year ago * [Summary](https://docs.dein.fi/get-insured/making-a-claim#summary) * [Where do I make a claim?](https://docs.dein.fi/get-insured/making-a-claim#where-do-i-make-a-claim) * [When can I make a Claim?](https://docs.dein.fi/get-insured/making-a-claim#when-can-i-make-a-claim) * [How is the outcome of the Claim determined?](https://docs.dein.fi/get-insured/making-a-claim#how-is-the-outcome-of-the-claim-determined) * [How long does it take to review my claim?](https://docs.dein.fi/get-insured/making-a-claim#how-long-does-it-take-to-review-my-claim) * [How is the outcome of the vote shown?](https://docs.dein.fi/get-insured/making-a-claim#how-is-the-outcome-of-the-vote-shown) * [How can I receive the payout?](https://docs.dein.fi/get-insured/making-a-claim#how-can-i-receive-the-payout) * [How is the claim payout calculated?](https://docs.dein.fi/get-insured/making-a-claim#how-is-the-claim-payout-calculated) --- # Demands | DEIN Finance [hashtag](https://docs.dein.fi/underwrite/demands#what-are-demands-in-personalized-insurance) **What are Demands in Personalized Insurance?** -------------------------------------------------------------------------------------------------------------------------------------------------- Demands in Personalized Insurance refer to the unique opportunities for underwriters to participate in the creation and provision of customized insurance Policy. Each demand represents a specific insurance request with personalized terms and conditions set by the Demand Creator. [hashtag](https://docs.dein.fi/underwrite/demands#how-does-underwriting-demands-work) **How does underwriting Demands work?** ---------------------------------------------------------------------------------------------------------------------------------- 1. **Discovering and Assessing Demands:** Underwriters can explore the available Demands listed on the Demands page. Each demand specifies the Policy terms, Premium, and other relevant information. It's essential for Underwriters to carefully assess the Demand and understand the associated risks since each Demand is unique. 2. **Underwriting the Demand:** Once an Underwriter identifies a Demand they are interested in, they can choose to provide coverage by depositing Collateral into the Demand. By participating as a Demand Investor, underwriters can earn Instant Rewards. 3. **Claiming Instant Rewards:** One of the significant advantages of underwriting Demands in Personalized Insurance is the opportunity to claim Instant Rewards. Demand Providers have the privilege of instantly claiming all Premium for their underwriting period. This Instant Reward claiming feature allows Underwriters to enjoy immediate returns and the flexibility to reinvest their earnings. [hashtag](https://docs.dein.fi/underwrite/demands#what-can-underwriters-gain-by-underwriting-demands) **What can Underwriters gain by underwriting Demands?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------ * **Instant Reward Claiming:** When Demand becomes Valid, the Underwriters can claim their rewards instantly, providing them with immediate returns on their underwriting activity. * **Flexible Reinvestment:** By gaining immediate access to their earnings, underwriters have the freedom to reinvest their funds as desired, allowing for potential compounding and maximizing their returns. * **Diversification:** Underwriting Demands offers underwriters the opportunity to diversify their investment portfolio by exploring different insurance demands with varying risk profiles and reward potentials. * **Contribution to the DEIN Ecosystem:** Underwriters play a crucial role in the DEIN ecosystem by providing Collateral and facilitating the availability of Personalized Insurance options. Their participation supports the growth and sustainability of the platform. [hashtag](https://docs.dein.fi/underwrite/demands#what-risks-should-underwriters-consider) **What risks should Underwriters consider?** -------------------------------------------------------------------------------------------------------------------------------------------- While Personalized Insurance offers exciting opportunities, Underwriters must carefully assess the risks associated with each Demand. As each Demand is unique, it's crucial for Underwriters to evaluate factors such as the Demand's terms and potential Project risks before providing coverage. circle-info Underwriters should consider the financial implications and the possibility of loss based on their risk tolerance and due diligence. DEIN provides a platform for Underwriters to explore and engage in Personalized Insurance, but the assessment and decision-making process regarding risk remains the responsibility of the individual Underwriters. [hashtag](https://docs.dein.fi/underwrite/demands#what-are-the-different-demand-statuses) **What are the different demand statuses?** ------------------------------------------------------------------------------------------------------------------------------------------ * **Open** – lasts for at most 72 hours after its creation. Demand Investors can provide Collateral for this Demand. * **Pending** – Required Collateral hasn't been accumulated, but there are some funds. Demand Creator has 24 hours to validate a Demand forcefully, thus changing the Policy Size, recalculating and withdrawing a portion of the Premium. * **Closed** – happens automatically, if Required Collateral is not accumulated or Demand Creator has not forced validation. If no Demand Investors participated in the Demand, the Demand Creator can withdraw 100% of their paid Premium; otherwise 1% of the paid Premium is distributed to the Demand Investors as compensation. * **Valid** – happens automatically if the Required Collateral is accumulated during Open status (72 hours) or Demand Creator has forced validation. From this point onward Policy terms and Policyholder rights apply. [hashtag](https://docs.dein.fi/underwrite/demands#the-demand-i-invested-in-didnt-raise-sufficient-liquidity-what-now) The demand I invested in didn't raise sufficient liquidity, what now? ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ In this case, the Demand creator has extra 24h to forcefully validate the demand. If they choose to do so the Premium will be recalculated to reflect the new Demand size and the unused portion of the Premium will be returned to the Demand Creator. circle-info This situation will not, however, affect Demand Providers in any way other than beneficial. There is no possibility of losing any rewards due to the forceful Demand Validation. [hashtag](https://docs.dein.fi/underwrite/demands#what-if-the-demand-creator-wont-validate-the-demand) What if the Demand Creator won't Validate the Demand? ----------------------------------------------------------------------------------------------------------------------------------------------------------------- Then the Demand closes and Demand Providers are recouped with a shared 1% of the total Premium as a reimbursement. They can also instantly withdraw their invested funds. [PreviousWithdrawing fundschevron-left](https://docs.dein.fi/underwrite/underwriting/withdrawing-funds) [NextAuction Housechevron-right](https://docs.dein.fi/underwrite/auction-house) Last updated 1 year ago * [What are Demands in Personalized Insurance?](https://docs.dein.fi/underwrite/demands#what-are-demands-in-personalized-insurance) * [How does underwriting Demands work?](https://docs.dein.fi/underwrite/demands#how-does-underwriting-demands-work) * [What can Underwriters gain by underwriting Demands?](https://docs.dein.fi/underwrite/demands#what-can-underwriters-gain-by-underwriting-demands) * [What risks should Underwriters consider?](https://docs.dein.fi/underwrite/demands#what-risks-should-underwriters-consider) * [What are the different demand statuses?](https://docs.dein.fi/underwrite/demands#what-are-the-different-demand-statuses) * [The demand I invested in didn't raise sufficient liquidity, what now?](https://docs.dein.fi/underwrite/demands#the-demand-i-invested-in-didnt-raise-sufficient-liquidity-what-now) * [What if the Demand Creator won't Validate the Demand?](https://docs.dein.fi/underwrite/demands#what-if-the-demand-creator-wont-validate-the-demand) --- # 💰 The Bidding Fee | DEIN Finance [hashtag](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#what-is-the-bidding-fee) **What is the Bidding Fee?** ---------------------------------------------------------------------------------------------------------------------------------- The bidding fee is a small upfront amount (1% of your bid, minimum $100) you lock in when placing a bid. It signals that you’re serious about underwriting the policy and helps maintain trust in the system by filtering out fake or noncommittal bids. [hashtag](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#why-is-it-necessary) **Why is it necessary?** -------------------------------------------------------------------------------------------------------------------------- Without the fee, people could spam bids with no intent to follow through, wasting the demand creator’s time and stalling the auction. The fee creates a commitment: if you're selected and fail to deposit, that fee is forfeited and redistributed to others. circle-check [hashtag](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#your-money-is-safe-and-easy-to-re-use) **Your money is safe and easy to re-use!** -------------------------------------------------------------------------------------------------------------------------------------------------------------- Well, **as long as you deposit when selected**. If you do what you promised, or if your bid isn’t selected, the full fee is automatically unlocked for reuse or withdrawal. You only risk losing it if you're chosen and then don’t follow through. [hashtag](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#how-and-when-can-i-manage-or-withdraw-my-bidding-fee) **How and when can I manage or withdraw my bidding fee?** -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- At any time, head to your **Invested Demands Dashboard** and click **Manage Fee**. From there, you can: * **Deposit more** to raise your available bidding power * **Withdraw unused** bidding fee balance — as long as it's not locked in an active auction Only the **free portion** of your bidding fee (not tied to active bids) is withdrawable. circle-info You can also increase your bidding fee **during the bidding process** for a smoother experience! [hashtag](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#can-i-increase-my-bidding-fee-during-an-auction) **Can I increase my bidding fee during an auction?** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Yes, as auctions might get competitive, or you may want to increase your exposure. You can top up your bidding fee during the bidding period by replacing your bid, the increase takes effect immediately. _Please note that you need to outbid yourself to replace your bid._ [PreviousAuction Housechevron-left](https://docs.dein.fi/underwrite/auction-house) [NextAdding a Policy Bookchevron-right](https://docs.dein.fi/underwrite/coverage-pools) Last updated 9 months ago * [What is the Bidding Fee?](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#what-is-the-bidding-fee) * [Why is it necessary?](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#why-is-it-necessary) * [How and when can I manage or withdraw my bidding fee?](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#how-and-when-can-i-manage-or-withdraw-my-bidding-fee) * [Can I increase my bidding fee during an auction?](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee#can-i-increase-my-bidding-fee-during-an-auction) --- # Withdrawing funds | DEIN Finance [hashtag](https://docs.dein.fi/underwrite/underwriting/withdrawing-funds#when-can-i-withdraw-my-funds-from-the-policy-book) **When can I withdraw my funds from the Policy Book?** --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- To ensure enough liquidity in a Policy Book to pay all outstanding policies, Underwriters are forced to wait 4 days for their withdrawal request to process. * The Underwriters can only withdraw up to the amount that pushes the utilization ratio of the Policy Book to 100%. * The withdrawal from any Policy Book is **only** possible when no active Claims against it exist. * **No Policies can be sold on funds that are pending withdrawal.** After 4 days, Underwriters have 48h to withdraw their funds. If they fail to do so, they must start the withdraw process again. circle-info **An example:** \- Policy Book X has 20.000 USDT of Collateral. User A decides to underwrite and bear the risk in exchange for profits and deposits 80.000 USDT to Policy Book X. - There is currently 100.000 USDT in Policy Book A. - User B decides to purchase Policy for their 60.000 USDT worth of assets for 3 months. The utilization ratio is now at 60%. After one month, user A decided they would like to withdraw their initial 80.000 USDT liquidity. At this stage, the user can't do it, as one can only withdraw up to the amount that pushes the utilization ratio to 100% and no more than that. In this case, the amount available is 40.000 USDT. [hashtag](https://docs.dein.fi/underwrite/underwriting/withdrawing-funds#how-does-the-coverage-withdrawal-process-look-in-detail) **How does the coverage withdrawal process look in detail?** --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- circle-info The DEINxCover tokens have to be unstaked before initiating the withdrawal process The process can generally be described in 2 steps: 1. The withdraw request. This begins the 4-day waiting period, in which the requested amount decreases the Policy Book's Capacity to ensure that no Policies are sold on the requested funds. The UR, however, does not change. 2. The withdraw itself. Once the user has waited four days, **they can withdraw their requested amount within 48 hours.** All the withdraw procedures can be handled in the LINK section of the app. [PreviousRewardschevron-left](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers) [NextDemandschevron-right](https://docs.dein.fi/underwrite/demands) Last updated 2 years ago * [When can I withdraw my funds from the Policy Book?](https://docs.dein.fi/underwrite/underwriting/withdrawing-funds#when-can-i-withdraw-my-funds-from-the-policy-book) * [How does the coverage withdrawal process look in detail?](https://docs.dein.fi/underwrite/underwriting/withdrawing-funds#how-does-the-coverage-withdrawal-process-look-in-detail) --- # Rewards | DEIN Finance [hashtag](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#summary) Summary ------------------------------------------------------------------------------------------------------------ * Yield is distributed by block. * Yield can consist of USDT and DEIN. * USDT rewards come as an increase in saturation (increase in the DEINxCover token value). * USDT rewards can be claimed by exiting the position (exchanging the DEINxCover tokens for USDT) * DEIN rewards can be re-staked to [Native Staking](https://docs.dein.fi/governance/native-dein-staking) or withdrawn instantly. * Premium distribution depends on whether the Policy Books is whitelisted: * Whitelisted: 20% - Underwriters; 80% - protocol * Non-whitelisted: 80% Underwriters; 20% - protocol [👓Precise APY calculationschevron-right](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations) [hashtag](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#what-constitutes-an-apy) What constitutes an APY? --------------------------------------------------------------------------------------------------------------------------------------------- APY is displayed for each Policy Book on the platform. The APY is the annualized sum of the following two assets: * USDT stablecoin (from Premiums) * DEIN tokens (from the Reward Pool), if the policy books is whitelisted Both the USDT stablecoin rewards and the DEIN tokens are calculated based on the perceived risk of the particular Policy Book, which is determined by the Utilization Ratio. circle-info The Underwriters choice of staking duration can affect the individual APY [hashtag](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#how-can-i-withdraw-my-rewards) How can I withdraw my rewards? --------------------------------------------------------------------------------------------------------------------------------------------------------- To withdraw your earned DEIN rewards, you can choose either of the following: * Re-stake your DEIN rewards to any of your existing positions in the Native DEIN Staking or create a new one. * Withdraw instantly. Withdrawing USDT rewards happens as you withdraw your position (exchange DEINxCover for USDT) [hashtag](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#how-do-i-earn-yield-in-dein) **How do I earn yield in DEIN?** --------------------------------------------------------------------------------------------------------------------------------------------------------- Through staking the DEINxCover tokens received after you have provided Collateral in the DEINxCover Staking Contract. This action happens automatically when you underwrite a Policy Book. Only whitelisted projects can benefit from staking DEINxCover to avoid the Protocol's economic exploits. [hashtag](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#is-the-usdt-yield-compounded) **Is the USDT yield compounded?** ----------------------------------------------------------------------------------------------------------------------------------------------------------- Yes! The Underwriter's Yield from the Premium paid in USDT is distributed by block, increasing the balance of USDT in the particular Policy Book (see [saturation](https://docs.dein.fi/underwrite/underwriting#what-does-the-saturation-of-the-coverage-pool-mean) ) [PreviousUnderwritingchevron-left](https://docs.dein.fi/underwrite/underwriting) [NextWithdrawing fundschevron-right](https://docs.dein.fi/underwrite/underwriting/withdrawing-funds) Last updated 1 month ago * [Summary](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#summary) * [What constitutes an APY?](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#what-constitutes-an-apy) * [How can I withdraw my rewards?](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#how-can-i-withdraw-my-rewards) * [How do I earn yield in DEIN?](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#how-do-i-earn-yield-in-dein) * [Is the USDT yield compounded?](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers#is-the-usdt-yield-compounded) --- # Adding a Policy Book | DEIN Finance [hashtag](https://docs.dein.fi/underwrite/coverage-pools#what-is-a-policy-book) What is a Policy Book? ----------------------------------------------------------------------------------------------------------- It's a contract that any DEIN user can create. It contains the Collateral and necessary information, mainly about all Policies bought for this pool and the insured contract. [hashtag](https://docs.dein.fi/underwrite/coverage-pools#who-can-set-up-a-policy-book) Who can set up a Policy Book? ------------------------------------------------------------------------------------------------------------------------- Anyone can set up a Policy Book easily on the app. Once the user has specified the network, contract type, and the insured address, they can create a new pool by depositing 100 USDT or more. All users will be able to see the pool that has been created. Although anyone can create a Policy Book, not all Policy Books are eligible to receive DEIN rewards for providing coverage to the pool. Only Whitelisted pools are eligible to receive DEIN rewards. This is done to prevent exploits of the protocol. Currently, whitelisting is done by the Bridge Mutual team, and later on, it will be done by the DEIN DAO. _Whitelisted pools have a small blue icon with a tick mark next to their name._ ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FDfyoUb2Q6XGPvFnGJNVJ%252Fimage.png%3Falt%3Dmedia%26token%3Dd35a545c-4aec-4221-9f7d-9a3cda71142d&width=40&dpr=3&quality=100&sign=ce98b8f1&sv=2) [hashtag](https://docs.dein.fi/underwrite/coverage-pools#where-can-i-set-up-a-policy-book) **Where can I set up a Policy Book?** ------------------------------------------------------------------------------------------------------------------------------------- [Adding a Projectchevron-right](https://docs.dein.fi/onboarding-guides/adding-a-project) [hashtag](https://docs.dein.fi/underwrite/coverage-pools#what-types-of-policy-books-can-i-add) What types of Policy Books can I add? ----------------------------------------------------------------------------------------------------------------------------------------- [Policy Termschevron-right](https://docs.dein.fi/get-insured/policy-terms) [hashtag](https://docs.dein.fi/underwrite/coverage-pools#what-chains-does-dein-support) What chains does DEIN support? --------------------------------------------------------------------------------------------------------------------------- DEIN is omni-chain. It supports almost every chain in existence. You only need a chain of your choice, and the corresponding contract address - DEIN will do the rest and find all available networks your project exists on. [hashtag](https://docs.dein.fi/underwrite/coverage-pools#how-does-dein-finds-my-project) How does DEIN finds my project? ----------------------------------------------------------------------------------------------------------------------------- We utilize the contract address and network information submitted by the user through the "Add Project" form to access the CoinGecko API database, allowing us to retrieve project addresses across various blockchain networks. [Previous💰 The Bidding Feechevron-left](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee) [NextNative DEIN stakingchevron-right](https://docs.dein.fi/governance/native-dein-staking) Last updated 1 year ago * [What is a Policy Book?](https://docs.dein.fi/underwrite/coverage-pools#what-is-a-policy-book) * [Who can set up a Policy Book?](https://docs.dein.fi/underwrite/coverage-pools#who-can-set-up-a-policy-book) * [Where can I set up a Policy Book?](https://docs.dein.fi/underwrite/coverage-pools#where-can-i-set-up-a-policy-book) * [What types of Policy Books can I add?](https://docs.dein.fi/underwrite/coverage-pools#what-types-of-policy-books-can-i-add) * [What chains does DEIN support?](https://docs.dein.fi/underwrite/coverage-pools#what-chains-does-dein-support) * [How does DEIN finds my project?](https://docs.dein.fi/underwrite/coverage-pools#how-does-dein-finds-my-project) --- # Auction House | DEIN Finance [hashtag](https://docs.dein.fi/underwrite/auction-house#what-is-the-auction-house) **What is the Auction House?** ---------------------------------------------------------------------------------------------------------------------- The Auction House is a dynamic system that lets underwriters compete to insure custom policies by bidding on the premium they want to earn. When a user wants insurance but doesn't know how to price it, they open an auction instead of setting a fixed premium. [hashtag](https://docs.dein.fi/underwrite/auction-house#how-does-it-work) **How does it work?** ---------------------------------------------------------------------------------------------------- You can browse auctions, pick the ones you find interesting, and submit a bid: this includes the amount you're willing to underwrite and the percentage premium you’d like in return. If the demand creator selects your bid, you're expected to deposit the amount you committed. In return, you get your premium reward instantly — no vesting, no lockups. The earlier your bid is placed (and the more competitive your premium), the better your chances of being selected. circle-info [hashtag](https://docs.dein.fi/underwrite/auction-house#whats-different-from-demands) **What’s different from Demands?** ----------------------------------------------------------------------------------------------------------------------------- Demands have a set premium rate. When participating in Auctions, the best bid wins! [hashtag](https://docs.dein.fi/underwrite/auction-house#whats-the-bidding-fee-and-why-does-it-exist) **What’s the bidding fee, and why does it exist?** ------------------------------------------------------------------------------------------------------------------------------------------------------------ Every bid includes a small **bidding fee** (1% of the bid amount, with a $100 minimum). This filters out malicious participants and gives the demand creator confidence that selected bidders will follow through. If you’re selected and deposit as expected, you get the full fee back. If you don’t deposit, the fee is forfeited and redistributed to other participants. If your bid is never selected, the fee is automatically returned to you. [hashtag](https://docs.dein.fi/underwrite/auction-house#why-should-i-participate-whats-in-it-for-me) **Why should I participate? What's in it for me?** ------------------------------------------------------------------------------------------------------------------------------------------------------------ * **Your terms:** You choose how much to underwrite and what premium you want — no fixed rates. * **Zero risk for unselected bids:** If your bid isn’t chosen or the auction is canceled, your bidding fee is immediately ready to be used again in a different auction. * **Top-up access:** You can jump into underfunded auctions after the main deposit phase to earn full premiums from defaulting bidders. * **Instant rewards:** If you win and the auction concludes, you get paid immediately! [hashtag](https://docs.dein.fi/underwrite/auction-house#how-exactly-do-the-auctions-work) **How exactly do the Auctions work?** ------------------------------------------------------------------------------------------------------------------------------------ circle-info #### [hashtag](https://docs.dein.fi/underwrite/auction-house#auction-house-phases-overview) 🌀 Auction House – Phases Overview 1. **Browse Auctions** Explore open auctions across chains and protocols. Filter by size, duration, and premium yield to find bids that suit your risk profile. 2. **Bid or Top-Up** Submit your underwriting amount and premium offer. Pay the bidding fee to secure your spot. Alternatively, fill gaps during the Top-Up phase and skip the bidding altogether! 3. **Deposit** If chosen, deposit your committed amount. Once all the deposits are gathered, the auction concludes, and your rewards are immediately assigned! 4. **Claim Rewards** No waiting period — as soon as the auction concludes, your reward is transferred. You can track and withdraw it anytime. 5. **Withdraw Collateral** Once the policy ends (and if no claim is filed), your full collateral becomes available for withdrawal — same as with regular policies. [hashtag](https://docs.dein.fi/underwrite/auction-house#what-is-the-top-up-phase-and-why-is-it-worth-watching) **What is the Top-Up Phase, and why is it worth watching?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If a selected bidder fails to deposit their funds, the auction enters the **Top-Up phase**, where the missing amount is reopened to the market. This gives you a shot at underwriting **without bidding** and at the same premium rate the failed bidder asked for. On top of that, **you share the rewards** coming from the penalties collected from failed bidders. These slots usually get filled fast, so keeping an eye on Top-Ups can be one of the best ways to grab yield quickly, and additional rewards, quickly. [hashtag](https://docs.dein.fi/underwrite/auction-house#what-happens-if-the-auction-doesnt-complete) **What happens if the auction doesn’t complete?** ----------------------------------------------------------------------------------------------------------------------------------------------------------- If not enough bids are placed, or the demand creator doesn’t accept any offers, the auction ends with no policy created. In that case, your bidding fee is refunded automatically. You lose nothing unless you were selected and failed to deposit. [PreviousDemandschevron-left](https://docs.dein.fi/underwrite/demands) [Next💰 The Bidding Feechevron-right](https://docs.dein.fi/underwrite/auction-house/the-bidding-fee) Last updated 9 months ago * [What is the Auction House?](https://docs.dein.fi/underwrite/auction-house#what-is-the-auction-house) * [How does it work?](https://docs.dein.fi/underwrite/auction-house#how-does-it-work) * [What’s the bidding fee, and why does it exist?](https://docs.dein.fi/underwrite/auction-house#whats-the-bidding-fee-and-why-does-it-exist) * [Why should I participate? What's in it for me?](https://docs.dein.fi/underwrite/auction-house#why-should-i-participate-whats-in-it-for-me) * [How exactly do the Auctions work?](https://docs.dein.fi/underwrite/auction-house#how-exactly-do-the-auctions-work) * [What is the Top-Up Phase, and why is it worth watching?](https://docs.dein.fi/underwrite/auction-house#what-is-the-top-up-phase-and-why-is-it-worth-watching) * [What happens if the auction doesn’t complete?](https://docs.dein.fi/underwrite/auction-house#what-happens-if-the-auction-doesnt-complete) --- # Overview | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252F3aCBkiqpVxRcWNABuEKn%252Fimage.png%3Falt%3Dmedia%26token%3D7f8fdfd7-d3ea-4cf1-842c-c875c9202e90&width=768&dpr=3&quality=100&sign=da9845ba&sv=2) [https://dein.fi/arrow-up-right](https://dein.fi/) DEIN is an innovative insurance protocol that combines decentralized finance (DeFi) principles with blockchain technology to create a transparent and efficient insurance platform. Designed with three key personas in mind - Underwriters, Policyholders, and DAO Participants - DEIN offers a range of functionalities to cater to their specific needs. ### [hashtag](https://docs.dein.fi/dein-system/overview#underwrite-providing-collateral) Underwrite: Providing Collateral As an Underwriter, you can participate in the DEIN ecosystem by providing Collateral for various risks. By contributing Collateral to the Policy Books or Demands, you become an Underwriter and earn premiums based on the amount you have contributed. In the event of a successful claim, you share in the losses proportionately. ### [hashtag](https://docs.dein.fi/dein-system/overview#get-insured-purchasing-policies) Get Insured: Purchasing Policies As a Policyholder, you can secure insurance Policies for different risks through the DEIN platform. You have the flexibility to choose from a variety of Policy Books, each representing a specific Project or other insured entity. By purchasing Policies, you gain financial protection and peace of mind. ### [hashtag](https://docs.dein.fi/dein-system/overview#govern-participating-in-dao-governance) Govern: Participating in DAO Governance As a DAO Participant, you can actively contribute to the governance and decision-making process of the DEIN protocol. By staking DEIN tokens, you gain voting rights and can participate in Claim resolution, and later in the DEIN's future decisions. Your involvement helps ensure a decentralized and community-driven ecosystem. ### [hashtag](https://docs.dein.fi/dein-system/overview#capital-pool) Capital Pool The Capital Pool acts as a reserve of funds provided by Underwriters. It serves as the financial backbone of the DEIN platform, enabling the payment of claims and ensuring the availability of Collateral for Policy Purchasers. [Capital Poolchevron-right](https://docs.dein.fi/dein-system/capital-pool) ### [hashtag](https://docs.dein.fi/dein-system/overview#rewards-pool) Rewards Pool The Rewards Pool motivates platform users by providing incentives in the form of DEIN tokens. These rewards are distributed based on various activities, such as staking DEIN tokens, participating in DEINxCover token staking, and more. [Reward Poolchevron-right](https://docs.dein.fi/dein-system/reward-pool) ### [hashtag](https://docs.dein.fi/dein-system/overview#compounded-pool) Compounded Pool The Compounded Pool is an extension to the DEIN system, fueled by a portion of DEIN Native Staking and DEIN LP Staking tokens. It provides additional liquidity and is utilized as a last resort for liquidity needs. [Compounded Poolchevron-right](https://docs.dein.fi/dein-system/compounded-pool) [PreviousFAQchevron-left](https://docs.dein.fi/governance/voting/faq) [NextCapital Poolchevron-right](https://docs.dein.fi/dein-system/capital-pool) Last updated 1 year ago * [Underwrite: Providing Collateral](https://docs.dein.fi/dein-system/overview#underwrite-providing-collateral) * [Get Insured: Purchasing Policies](https://docs.dein.fi/dein-system/overview#get-insured-purchasing-policies) * [Govern: Participating in DAO Governance](https://docs.dein.fi/dein-system/overview#govern-participating-in-dao-governance) * [Capital Pool](https://docs.dein.fi/dein-system/overview#capital-pool) * [Rewards Pool](https://docs.dein.fi/dein-system/overview#rewards-pool) * [Compounded Pool](https://docs.dein.fi/dein-system/overview#compounded-pool) --- # Reward Pool | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FzxBBQZopobDR1yC7lAhs%252Fimage.png%3Falt%3Dmedia%26token%3Df5702472-45a4-46e3-8fb9-b6f9bbb66339&width=768&dpr=3&quality=100&sign=d897d438&sv=2) [hashtag](https://docs.dein.fi/dein-system/reward-pool#what-is-the-reward-pool-in-dein) **What is the Reward Pool in DEIN?** --------------------------------------------------------------------------------------------------------------------------------- The Reward Pool in DEIN is designed to motivate platform users by providing incentives in the form of DEIN tokens. It holds a fixed supply of DEIN tokens that may change in the future due to distribution and Buybacks. circle-info The Reward Pool initially starts with a total supply of 220,000,000 DEIN tokens. [hashtag](https://docs.dein.fi/dein-system/reward-pool#how-are-the-rewards-distributed) **How are the rewards distributed?** --------------------------------------------------------------------------------------------------------------------------------- The initial distribution of rewards from the Rewards Pool is allocated as follows: * DEIN LP Staking: 25% of monthly rewards * DEIN Native Staking: 15% of monthly rewards * DEINxCover Staking: 60% of monthly rewards It's important to note that the DEIN team (later the DAO) can choose to reassign rewards distribution for specific contracts or to create new ones with different incentive levels. [hashtag](https://docs.dein.fi/dein-system/reward-pool#how-often-are-the-rewards-distributed) **How often are the rewards distributed?** --------------------------------------------------------------------------------------------------------------------------------------------- Rewards from the Reward Pool are distributed on a monthly basis (every 30 days). [hashtag](https://docs.dein.fi/dein-system/reward-pool#what-is-the-percentage-of-rewards-distributed-each-month) **What is the percentage of rewards distributed each month?** ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- At the beginning of each month, **1.5% of the outstanding (current) tokens** in the Rewards Pool will be distributed as the monthly reward. The above setup means that: * The reward pool is never exhausted since rewards are always awarded as a proportion of the pool's remaining tokens. * The incentives decrease over time, but the net USD worth of the awards may grow if the DEIN token's price improves. * This rewards mechanism provides capped inflation and is compatible with a fixed tokens supply (as opposed to perpetual inflation) [hashtag](https://docs.dein.fi/dein-system/reward-pool#can-the-distribution-model-be-adjusted-for-each-epoch) **Can the distribution model be adjusted for each epoch?** ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Yes, the DEIN team (and later the DAO) has the ability to adjust the percentage distribution of monthly rewards for each epoch. This allows flexibility in allocating rewards based on changing market circumstances and priorities. This however will only happen with sizeable new releases and won't be a common occurrence. [hashtag](https://docs.dein.fi/dein-system/reward-pool#will-the-reward-pool-be-replenished) **Will the Reward Pool be replenished?** ----------------------------------------------------------------------------------------------------------------------------------------- The Rewards Pool can be manually refilled with DEIN tokens through buybacks from the Treasury if the Pool's supply falls below 75% of the starting supply. circle-info The Reward Pool plays a vital role in incentivizing and rewarding users within the DEIN platform, promoting active participation and engagement. [PreviousCompounded Pool Premium pricingchevron-left](https://docs.dein.fi/dein-system/compounded-pool/compounded-pool-premium-pricing) [NextPrecise APY calculationschevron-right](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations) Last updated 1 year ago * [What is the Reward Pool in DEIN?](https://docs.dein.fi/dein-system/reward-pool#what-is-the-reward-pool-in-dein) * [How are the rewards distributed?](https://docs.dein.fi/dein-system/reward-pool#how-are-the-rewards-distributed) * [How often are the rewards distributed?](https://docs.dein.fi/dein-system/reward-pool#how-often-are-the-rewards-distributed) * [What is the percentage of rewards distributed each month?](https://docs.dein.fi/dein-system/reward-pool#what-is-the-percentage-of-rewards-distributed-each-month) * [Can the distribution model be adjusted for each epoch?](https://docs.dein.fi/dein-system/reward-pool#can-the-distribution-model-be-adjusted-for-each-epoch) * [Will the Reward Pool be replenished?](https://docs.dein.fi/dein-system/reward-pool#will-the-reward-pool-be-replenished) --- # Getting Insured | DEIN Finance [hashtag](https://docs.dein.fi/get-insured/getting-insured#how-can-i-buy-policy-on-the-dein-platform) How can I buy Policy on the DEIN platform? ----------------------------------------------------------------------------------------------------------------------------------------------------- Visit [our apparrow-up-right](https://test.dein.fi/get-insured) , find the Policy book you're interested in that holds enough capacity to cover your policy, choose the duration of your policy, pay the premium, and that's it! [Purchasing a Policychevron-right](https://docs.dein.fi/onboarding-guides/purchasing-a-policy) [hashtag](https://docs.dein.fi/get-insured/getting-insured#what-are-the-epochs-and-whats-the-policy-duration) What are the epochs and what's the policy duration? ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- DEIN measures policy durations in epochs, with each epoch representing a period of seven days. All epochs are time-stamped and are defined by specific start and end days in the calendar year. The creation time-stamp of the Policy Book serves as the origin for these epochs. circle-info During the Policy Purchasing process, we display the end date of the current epoch for your convenience. [hashtag](https://docs.dein.fi/get-insured/getting-insured#what-is-the-minimum-and-maximum-duration-for-a-policy) What is the minimum and maximum duration for a Policy? ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Users have flexibility in choosing the duration of their Policy. The minimum duration allowed for a policy is 1 epoch, while the maximum period extends to 15 epochs. This enables users to tailor their Policy according to their specific needs. The actual duration of the Policy is calculated in 1-week intervals (epochs), which start and end on specific days. In practice, a user can purchase a policy with a duration of less than one whole calendar week if the purchase was made in the middle or at the end of the epoch. circle-exclamation Policies bought on [Compounded Pool's](https://docs.dein.fi/dein-system/compounded-pool) funds have a maximum duration of 5 epochs. [hashtag](https://docs.dein.fi/get-insured/getting-insured#how-is-the-premium-determined) How is the Premium determined? ----------------------------------------------------------------------------------------------------------------------------- The Policy Premium is determined by multiple factors. These include the duration of the Policy, the Policy Size, and the current Utilization Ratio of the Policybook. The premium cost displayed on the app is an estimate, with the actual value being influenced by how the Policy Size impacts the Utilization Ratio. [👓Premium calculationschevron-right](https://docs.dein.fi/get-insured/getting-insured/premium-calculations) circle-exclamation The Premium cost for Policies using the Compounded Pool's funds [might differ.](https://docs.dein.fi/dein-system/compounded-pool/compounded-pool-premium-pricing) [hashtag](https://docs.dein.fi/get-insured/getting-insured#what-is-the-minimum-yearly-premium) What is the minimum yearly Premium? --------------------------------------------------------------------------------------------------------------------------------------- The minimum yearly Premium is set at 1.8%. This ensures that the Policy remains affordable for users while providing the necessary resources for the DEIN ecosystem. [hashtag](https://docs.dein.fi/get-insured/getting-insured#how-is-the-premium-distributed) How is the Premium distributed? ------------------------------------------------------------------------------------------------------------------------------- When a user purchases a Policy, 80% of the premium goes into the Capital Pool. The remaining 20% is redistributed to the Underwriters as additional yield, incentivizing their participation in the insurance ecosystem. [Policy Termschevron-right](https://docs.dein.fi/get-insured/policy-terms) circle-check For non-whitelisted Policy Books, the ratios are swapped (20% to the Capital Pool, and 80% to the Underwriters) to offset the lack of DEIN rewards. [hashtag](https://docs.dein.fi/get-insured/getting-insured#what-is-the-difference-between-a-whitelisted-policy-book-and-a-non-whitelisted-one) **What is the difference between a Whitelisted Policy Book and a non-Whitelisted one?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The Whitelisted Policy Books are verified by the DEIN DAO, they are eligible for DEIN token rewards and tend to have higher APYs. You are safe to assume that they cover reputable projects with correct contract information (such as the insured address, chains, or [Policy Terms](https://docs.dein.fi/get-insured/policy-terms) ). Their Premium distribution is: 20% to the Underwriters, and 80% to the DEIN treasury. The non-Whitlelisted Policy Books are not verified by the DEIN DAO and are not eligible for DEIN token rewards, they only distribute the Premium provided by the Policyholders. Their Premium distribution is 80% to the Underwriters, and 20% to the DEIN treasury. circle-info Non-Whitelisted Policy Books don't necessarily automatically mean they are not safe to use. You should however do additional research and double-check everything before choosing to purchase a Policy against them. [hashtag](https://docs.dein.fi/get-insured/getting-insured#what-should-i-consider-when-buying-a-policy-for-non-evm-chain-policy) **What should I consider when buying a policy for Non-EVM chain Policy?** --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- When purchasing a policy from a Policy Book that covers Non-EVM chains, you have the option to insure against one or more specific Non-EVM chains. During the purchase process, you will be asked to provide a wallet address for each Non-EVM chain you choose to insure. The wallet address provided will be used for the wallet pairing process, essential for verifying your ownership and processing any future claims related to these Non-EVM chains. circle-check This step is crucial as it associates your policy directly with the specific Non-EVM chain wallets, ensuring that the Policy is accurately aligned with your holdings on those chains. [Non-EVM Policieschevron-right](https://docs.dein.fi/get-insured/non-evm-policies) [hashtag](https://docs.dein.fi/get-insured/getting-insured#where-can-i-see-the-available-offers) **Where can I see the available offers?** ----------------------------------------------------------------------------------------------------------------------------------------------- [https://qa-dein.netlify.app/get-insured/browse-offersqa-dein.netlify.appchevron-right](https://qa-dein.netlify.app/get-insured/browse-offers) [hashtag](https://docs.dein.fi/get-insured/getting-insured#what-if-no-available-offer-suits-my-needs) What if no available offer suits my needs? ----------------------------------------------------------------------------------------------------------------------------------------------------- If none of the available offers match your needs, try our personalized insurance feature for tailor-made Policies! [Personalized Insurancechevron-right](https://docs.dein.fi/get-insured/personalized-insurance) [hashtag](https://docs.dein.fi/get-insured/getting-insured#can-i-purchase-multiple-policies) **Can I purchase multiple Policies?** --------------------------------------------------------------------------------------------------------------------------------------- If they are from different pools - yes! However, you can only have 1 active Policy per pool. [hashtag](https://docs.dein.fi/get-insured/getting-insured#a-coverage-event-occurred.-how-do-i-make-a-claim-for-the-policy-that-i-bought) **A Coverage Event occurred. How do I make a claim for the Policy that I bought?** --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- [Making a Claimchevron-right](https://docs.dein.fi/get-insured/making-a-claim) [hashtag](https://docs.dein.fi/get-insured/getting-insured#undefined) ------------------------------------------------------------------------- [PreviousLeaderboard & Rewardschevron-left](https://docs.dein.fi/airdrop-event/leaderboard-and-rewards) [NextPremium calculationschevron-right](https://docs.dein.fi/get-insured/getting-insured/premium-calculations) Last updated 1 month ago * [How can I buy Policy on the DEIN platform?](https://docs.dein.fi/get-insured/getting-insured#how-can-i-buy-policy-on-the-dein-platform) * [What are the epochs and what's the policy duration?](https://docs.dein.fi/get-insured/getting-insured#what-are-the-epochs-and-whats-the-policy-duration) * [What is the minimum and maximum duration for a Policy?](https://docs.dein.fi/get-insured/getting-insured#what-is-the-minimum-and-maximum-duration-for-a-policy) * [How is the Premium determined?](https://docs.dein.fi/get-insured/getting-insured#how-is-the-premium-determined) * [What is the minimum yearly Premium?](https://docs.dein.fi/get-insured/getting-insured#what-is-the-minimum-yearly-premium) * [How is the Premium distributed?](https://docs.dein.fi/get-insured/getting-insured#how-is-the-premium-distributed) * [What is the difference between a Whitelisted Policy Book and a non-Whitelisted one?](https://docs.dein.fi/get-insured/getting-insured#what-is-the-difference-between-a-whitelisted-policy-book-and-a-non-whitelisted-one) * [What should I consider when buying a policy for Non-EVM chain Policy?](https://docs.dein.fi/get-insured/getting-insured#what-should-i-consider-when-buying-a-policy-for-non-evm-chain-policy) * [Where can I see the available offers?](https://docs.dein.fi/get-insured/getting-insured#where-can-i-see-the-available-offers) * [What if no available offer suits my needs?](https://docs.dein.fi/get-insured/getting-insured#what-if-no-available-offer-suits-my-needs) * [Can I purchase multiple Policies?](https://docs.dein.fi/get-insured/getting-insured#can-i-purchase-multiple-policies) * [A Coverage Event occurred. How do I make a claim for the Policy that I bought?](https://docs.dein.fi/get-insured/getting-insured#a-coverage-event-occurred.-how-do-i-make-a-claim-for-the-policy-that-i-bought) * [](https://docs.dein.fi/get-insured/getting-insured#undefined) --- # DEIN LP staking | DEIN Finance [hashtag](https://docs.dein.fi/governance/dein-lp-staking#what-is-lp-staking) What is LP Staking? ------------------------------------------------------------------------------------------------------ LP Staking, also known as Liquidity Provider Staking, is a mechanism that allows users to earn rewards by providing liquidity to a decentralized exchange. In the case of DEIN, LP Staking involves staking DEIN and ETH tokens in the Uniswap liquidity pool to earn additional tokens as rewards. circle-info The LP token's full name is "**Uniswap V2 LP Token**". However, for clarity and simplicity within this document, we will refer to it as the "LP token." [hashtag](https://docs.dein.fi/governance/dein-lp-staking#how-does-it-work) How does it work? -------------------------------------------------------------------------------------------------- #### [hashtag](https://docs.dein.fi/governance/dein-lp-staking#obtaining-lp-tokens) Obtaining LP Tokens You can acquire LP tokens by providing liquidity to the DEIN-BNB pair on Pancake Swap. Alternatively, LP tokens can also be obtained through the DEIN app. #### [hashtag](https://docs.dein.fi/governance/dein-lp-staking#the-staking-process) The Staking Process Once you have LP tokens, you can stake them in the DEIN LP Staking feature. This process is similar to DEIN Native Staking in terms of choosing the staking conditions: **Duration (months)** **Reward Multiplier** 1 1 6 2 12 3 24 4 36 5 [Staking DEIN LP tokenschevron-right](https://docs.dein.fi/onboarding-guides/staking-dein-lp-tokens) [hashtag](https://docs.dein.fi/governance/dein-lp-staking#are-there-any-risks) Are there any risks? -------------------------------------------------------------------------------------------------------- ### [hashtag](https://docs.dein.fi/governance/dein-lp-staking#compounded-pool) Compounded Pool While participating in DEIN LP staking, it's important to be aware of potential risks, although they are unlikely to occur. One such risk is the extremely remote possibility of the Compounded Pool being fully liquidated, which is designed as a last resort measure. However, DEIN employs various mechanisms to minimize this likelihood and prioritize efficient resource utilization. We recommend reading more about the Compounded Pool here: [Compounded Poolchevron-right](https://docs.dein.fi/dein-system/compounded-pool) ### [hashtag](https://docs.dein.fi/governance/dein-lp-staking#understanding-impermanent-loss) Understanding Impermanent Loss circle-info Impermanent loss is a concept associated with providing liquidity in decentralized exchanges. It refers to the temporary loss of value that liquidity providers may experience due to fluctuations in the price ratio of the tokens in the liquidity pool. #### [hashtag](https://docs.dein.fi/governance/dein-lp-staking#impact-on-dein-lp-staking-positions) Impact on DEIN LP Staking Positions: If the Impermament Loss occurs, the affected LP staking positions might lose some of their value. They will, however, never be lost or inaccessible. The reward percentage APY's and staking terms will remain unaffected. Withdraw and other position management actions will still be possible, given the required conditions (such as the locking period's expiraton) are met. [PreviousNative DEIN stakingchevron-left](https://docs.dein.fi/governance/native-dein-staking) [NextVotingchevron-right](https://docs.dein.fi/governance/voting) Last updated 3 months ago * [What is LP Staking?](https://docs.dein.fi/governance/dein-lp-staking#what-is-lp-staking) * [How does it work?](https://docs.dein.fi/governance/dein-lp-staking#how-does-it-work) * [Are there any risks?](https://docs.dein.fi/governance/dein-lp-staking#are-there-any-risks) * [Compounded Pool](https://docs.dein.fi/governance/dein-lp-staking#compounded-pool) * [Understanding Impermanent Loss](https://docs.dein.fi/governance/dein-lp-staking#understanding-impermanent-loss) --- # Compounded Pool | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FBXcH9pCdV4dQEFNh0h3F%252Fimage.png%3Falt%3Dmedia%26token%3Def1a6d6c-4366-42b6-bd2f-5d5d80034d8d&width=768&dpr=3&quality=100&sign=83fbefe3&sv=2) [hashtag](https://docs.dein.fi/dein-system/compounded-pool#what-is-the-compounded-pool) What is the Compounded Pool? ------------------------------------------------------------------------------------------------------------------------- The Compounded Pool is an integral part of the DEIN system, designed to enhance liquidity and provide additional support for DEIN's whitelisted Policybooks. It functions as an extension to contracts, fueled by a combination of DEIN Native Staking (40%) and DEIN LP Staking (10%) tokens which together establish the Compounded Liquidity. The Compounded Pool serves as a reserve that is only liquidated as a last resort, and the likelihood of such an event is extremely low. [hashtag](https://docs.dein.fi/dein-system/compounded-pool#how-does-it-work) How does it work? --------------------------------------------------------------------------------------------------- The Compounded Liquidity is shared by all of DEIN's whitelisted Policy Books, allocating funds on a first-come, first-serve basis. Additionally, there is a limit on how much funds each Policy Book can reserve at any given time. triangle-exclamation The maximum Policy duration when using the Compounded Pool's funds is 5 epochs. [hashtag](https://docs.dein.fi/dein-system/compounded-pool#what-is-the-compounded-liquidity) What is the Compounded Liquidity? ----------------------------------------------------------------------------------------------------------------------------------- Think of "Compounded Liquidity" as extra Collateral. To tap into it, users have to initially buy policies for the available Collateral (reduce Capacity to 0). Once that's exhausted, and the Collateral isn't sufficient for their Policy, users can then purchase Policies using Compounded Liquidity. circle-info Policy Books can only reserve Compounded Liquidity up to the Compounded Pool share. [hashtag](https://docs.dein.fi/dein-system/compounded-pool#what-is-the-compounded-pool-share) What is the Compounded Pool share? ------------------------------------------------------------------------------------------------------------------------------------- The "Compounded Pool share" can be simplified as a shared allowance for all whitelisted Policy Books. It determines the percentage that Policy Books can reserve to sell policies using the Compounded Liquidity. [hashtag](https://docs.dein.fi/dein-system/compounded-pool#compounded-liquidity-release) What is Compounded Liquidity Release ---------------------------------------------------------------------------------------------------------------------------------- T**he Compounded Liquidity Release** triggers in the following cases: * If Underwriter provides Collateral to the Policy Book X, * When a Policy against Policy Book X, which reserves Compounded Liquidity, ends. * When a Payout funded by Compound Liquidity occurs against Policy Book X. If any of the above conditions are met, the Compounded Liquidity reserved by the Policy Book X releases, and the current Compounded Liquidity distribution is re-calculated. [hashtag](https://docs.dein.fi/dein-system/compounded-pool#lets-take-a-closer-look-at-how-the-compounded-pool-operates) **Let's take a closer look at how the Compounded Pool operates:** ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- #### [hashtag](https://docs.dein.fi/dein-system/compounded-pool#assuming) Assuming: * Compounded Liquidity: 1,000 USDT * Compounded Pool share: 60% * Current Reserved Compounded Liquidity: 0 USDT _Therefore, each Policy Book in the DEIN system can reserve up to 60% of the Compounded Liquidity as additional funds, which equals to up to 600 USDT._ circle-info Policy Book A has 600 USDT of Compounded Liquidity available for purchasing a Policy. Policy Book B has 600 USDT of Compounded Liquidity available for purchasing a Policy. Policy Book C has 600 USDT of Compounded Liquidity available for purchasing a Policy. #### [hashtag](https://docs.dein.fi/dein-system/compounded-pool#lets-assume-the-following-scenario) Let's assume the following scenario: 1. _When a user decides to purchase a policy from Policy Book A using the Compounded Liquidity, a value of 600 USDT is reserved._ circle-info **Current Reserved Compounded Liquidity: 600 USDT** The updated distribution of Compounded Liquidity: Policy Book A: 0 USDT (reserved 600 USDT) Policy Book B: 400 USDT Policy Book C: 400 USDT 1. _Suppose another user chooses to purchase a policy from Policy Book B using the Compounded Liquidity, with a value of 400 USDT._ circle-info **Current Reserved Compounded Liquidity: 1000 USDT** The revised distribution of Compounded Liquidity: Policy Book A: 0 USDT (reserved 600 USDT) Policy Book B: 0 USDT (reserved 400 USDT) Policy Book C: 0 USDT (no Compounded Liquidity left to reserve) 1. _Now, let's suppose an Underwriter provides 500 USDT to Policy Book A, which releases a portion of the reserved Compounded Liquidity that can further serve as additional Collateral._ circle-info **Current Reserved Compounded Liquidity: 500 USDT** The revised distribution of Compounded Liquidity: Policy Book A: 500 USDT (reserved 100 USDT) Policy Book B: 200 (reserved 400 USDT) Policy Book C: 500 USDT _**Even though Policy Book C can theoretically reserve up to 600 USDT (60%) from the Compounded Liquidity, only 500 USDT is left to reserve.**_ [hashtag](https://docs.dein.fi/dein-system/compounded-pool#how-does-the-compounded-pool-affect-the-premium-pricing) How does the Compounded Pool affect the Premium pricing? --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- * Premium pricing is determined based on the Capacity, taking into account the risk profile of the Policy Book and the impact of the Compounded Pool. * The pricing considers the contribution of the Compounded Pool to reflect the potential riskiness of a Policy Book. * Purchasing a Policy using Compounded Liquidity can be more cost-effective, particularly for new pools or those with limited funds accumulated. This supplies potential Policy Holders with competitive premium rates. * DEIN ensures accurate and fair premium pricing that takes into account the unique characteristics of the Compounded Pool and the liquidity of the Policy Book . circle-info Please note that the likelihood of the Compounded Pool being fully liquidated is extremely remote, as it is designed to serve as a last resort measure. DEIN prioritizes the efficient utilization of its resources and employs various mechanisms to minimize the likelihood of exhausting the Compounded Pool. ### [hashtag](https://docs.dein.fi/dein-system/compounded-pool#for-a-more-detailed-compounded-pool-premium-price-explanation-please-visit) For a more detailed Compounded Pool Premium price explanation, please visit: [📦Compounded Pool Premium pricingchevron-right](https://docs.dein.fi/dein-system/compounded-pool/compounded-pool-premium-pricing) [PreviousLiquidity Cushionchevron-left](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion) [NextCompounded Pool Premium pricingchevron-right](https://docs.dein.fi/dein-system/compounded-pool/compounded-pool-premium-pricing) Last updated 1 year ago * [What is the Compounded Pool?](https://docs.dein.fi/dein-system/compounded-pool#what-is-the-compounded-pool) * [How does it work?](https://docs.dein.fi/dein-system/compounded-pool#how-does-it-work) * [What is the Compounded Liquidity?](https://docs.dein.fi/dein-system/compounded-pool#what-is-the-compounded-liquidity) * [What is the Compounded Pool share?](https://docs.dein.fi/dein-system/compounded-pool#what-is-the-compounded-pool-share) * [What is Compounded Liquidity Release](https://docs.dein.fi/dein-system/compounded-pool#compounded-liquidity-release) * [Let's take a closer look at how the Compounded Pool operates:](https://docs.dein.fi/dein-system/compounded-pool#lets-take-a-closer-look-at-how-the-compounded-pool-operates) * [How does the Compounded Pool affect the Premium pricing?](https://docs.dein.fi/dein-system/compounded-pool#how-does-the-compounded-pool-affect-the-premium-pricing) * [For a more detailed Compounded Pool Premium price explanation, please visit:](https://docs.dein.fi/dein-system/compounded-pool#for-a-more-detailed-compounded-pool-premium-price-explanation-please-visit) --- # Compounded Pool Premium pricing | DEIN Finance The pricing of Policies purchased from the Compounded Pool is influenced by the ratio between the Compounded liquidity and the Collateral in a single Policy Book. The following scenarios determine the Premium pricing based on the Collateral provided by the Underwriters and the available Compounded Liquidity. #### [hashtag](https://docs.dein.fi/dein-system/compounded-pool/compounded-pool-premium-pricing#if-the-collateral-provided-by-underwriters-exceeds-the-available-compounded-liquidity-policies-purch) If the Collateral provided by Underwriters exceeds the available Compounded Liquidity, Policies purchased from the Compounded liquidity will be priced based on a 100% pool Utilization Ratio (UR). circle-info **Example:** Collateral: 3,000 USDT UR: 33% Capacity: 2,000 USDT Compounded Liquidity: 1,000 USDT Suppose a user buys a Policy for 2,500 USDT. _In this case, the Premium for the policy amount will be based on pricing with a 100% UR._ #### [hashtag](https://docs.dein.fi/dein-system/compounded-pool/compounded-pool-premium-pricing#if-the-collateral-provided-by-underwriters-is-less-than-or-equal-to-the-compounded-liquidity-provide) If the Collateral provided by Underwriters is less than or equal to the Compounded Liquidity provided by the Compounded Pool: * The premium for the Policy Size covered by the Underwriters' Collateral is based on a 100% UR. * The premium for the Policy Size covered by the Compounded Liquidity is based on the Compounded Utilization Ratio (CUR). circle-info **Example:** Collateral: 1,500 USDT UR: 33% Capacity: 1,000 USDT Compounded Liquidity: 2,000 USDT _Suppose a user buys a Policy for 2,500 USDT. In this case, the Premium for the 1,000 USDT covered by the Underwriters' Collateral will be based on pricing with a 100% UR. The premium for the remaining 1,500 USDT, covered by the Compounded Liquidity, will be based on pricing with a 75% CUR (1,500/2,000)._ [PreviousCompounded Poolchevron-left](https://docs.dein.fi/dein-system/compounded-pool) [NextReward Poolchevron-right](https://docs.dein.fi/dein-system/reward-pool) Last updated 2 years ago --- # Trusted Voters | DEIN Finance circle-check The Trusted Voters system ensures that claim Appeals receive input from experienced and trustworthy individuals, enhancing the credibility and accuracy of the final verdicts. It establishes a hierarchy of voting authority, where users with higher reputations play a crucial role in determining the outcome of appeal cases. [hashtag](https://docs.dein.fi/governance/voting/trusted-voters#what-is-the-trusted-voters-system) What is the Trusted Voters system? ------------------------------------------------------------------------------------------------------------------------------------------ The Trusted Voters system is a special designation within the DEIN ecosystem that allows certain users to vote exclusively on Claim Appeals. Trusted Voters are those with a minimum reputation score of 2.0, which also must place them in the 15th percentile of all voters in terms of reputation. [hashtag](https://docs.dein.fi/governance/voting/trusted-voters#why-are-trusted-voters-involved-in-claim-appeals) Why are Trusted Voters involved in claim appeals? ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Claim appeals provide an opportunity for a second verdict on a Denied Claim. To ensure fairness and impartiality, only Trusted Voters are allowed to participate in the voting process for claim appeals. Their higher reputation score signifies a track record of responsible and reliable voting, making them ideal candidates for assessing Appeal cases. [hashtag](https://docs.dein.fi/governance/voting/trusted-voters#can-anyone-become-a-trusted-voter) Can anyone become a Trusted Voter? ------------------------------------------------------------------------------------------------------------------------------------------ Becoming a Trusted Voter is not a direct process that users can actively pursue. Instead, it is a status achieved through consistently displaying a reputation score above 2.0. Users who maintain a high reputation and demonstrate a commitment to fair voting practices may earn the Trusted Voter designation. [PreviousReputation and reward systemchevron-left](https://docs.dein.fi/governance/voting/reputation-and-reward-system) [NextVoting calculationschevron-right](https://docs.dein.fi/governance/voting/voting-calculations) Last updated 2 years ago * [What is the Trusted Voters system?](https://docs.dein.fi/governance/voting/trusted-voters#what-is-the-trusted-voters-system) * [Why are Trusted Voters involved in claim appeals?](https://docs.dein.fi/governance/voting/trusted-voters#why-are-trusted-voters-involved-in-claim-appeals) * [Can anyone become a Trusted Voter?](https://docs.dein.fi/governance/voting/trusted-voters#can-anyone-become-a-trusted-voter) --- # Reputation and reward system | DEIN Finance circle-check The Reputation and Rewards System is designed to incentivize fair and accurate voting while penalizing fraudulent voting behavior. It creates a dynamic ecosystem where users are encouraged to actively participate and contribute to the integrity of the voting process. [hashtag](https://docs.dein.fi/governance/voting/reputation-and-reward-system#how-does-the-reputation-level-work) How does the Reputation Level work? ---------------------------------------------------------------------------------------------------------------------------------------------------------- Every user starts with a Reputation Level of 1.0x. This score can range from as low as 0.1x to as high as 3.0x, reflecting the user's trustworthiness and voting history within the DEIN ecosystem. [hashtag](https://docs.dein.fi/governance/voting/reputation-and-reward-system#what-rewards-can-i-expect) What rewards can I expect? ---------------------------------------------------------------------------------------------------------------------------------------- Rewards are given to users who vote in the majority on claims. These rewards include both Reputation and DEIN tokens. The amount of rewards received depends on the user's Voting Power, determined by their Reputation Level and their locked DEIN Native Staking NFTs used in the voting. [hashtag](https://docs.dein.fi/governance/voting/reputation-and-reward-system#are-there-any-consequences-for-voting-in-the-minority) Are there any consequences for voting in the minority? ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Yes, voting in the minority can result in Reputation loss. Furthermore, voting in the extreme minority, such as 10% or less, will lead to a penalty in the form of DEIN tokens. [hashtag](https://docs.dein.fi/governance/voting/reputation-and-reward-system#can-i-vote-on-multiple-claims) Can I vote on multiple claims? ------------------------------------------------------------------------------------------------------------------------------------------------ Absolutely! Users have the flexibility to vote on different Claims as long as they are not pending any reward/penalty calculation. [hashtag](https://docs.dein.fi/governance/voting/reputation-and-reward-system#how-are-rewards-penalties-and-reputation-calculated) How are rewards, penalties, and reputation calculated? ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Rewards, penalties, and reputation are calculated separately for each claim based on the Voting Power of the locked DEIN Native Staking NFTs. The more DEIN tokens user votes with on a specific claim and the higher their Reputation Score, the greater their share of rewards. [PreviousClaim voting processchevron-left](https://docs.dein.fi/governance/voting/claim-voting-process) [NextTrusted Voterschevron-right](https://docs.dein.fi/governance/voting/trusted-voters) Last updated 2 years ago * [How does the Reputation Level work?](https://docs.dein.fi/governance/voting/reputation-and-reward-system#how-does-the-reputation-level-work) * [What rewards can I expect?](https://docs.dein.fi/governance/voting/reputation-and-reward-system#what-rewards-can-i-expect) * [Are there any consequences for voting in the minority?](https://docs.dein.fi/governance/voting/reputation-and-reward-system#are-there-any-consequences-for-voting-in-the-minority) * [Can I vote on multiple claims?](https://docs.dein.fi/governance/voting/reputation-and-reward-system#can-i-vote-on-multiple-claims) * [How are rewards, penalties, and reputation calculated?](https://docs.dein.fi/governance/voting/reputation-and-reward-system#how-are-rewards-penalties-and-reputation-calculated) --- # Voting | DEIN Finance [hashtag](https://docs.dein.fi/governance/voting#what-is-voting) **What is voting?** ----------------------------------------------------------------------------------------- Voting in the DEIN ecosystem presents token holders with an option to actively participate in decision-making processes by expressing their opinions and statements on claims in exchange for rewards and reputation. [hashtag](https://docs.dein.fi/governance/voting#how-does-voting-work) **How does voting work?** ----------------------------------------------------------------------------------------------------- To vote, token holders need to stake their DEIN tokens and lock their Native Staking NFTs in the voting contract. This ensures that only active token holders with staked tokens can participate in the voting process. Voting takes place through the claims assessment page on the DEIN app. [hashtag](https://docs.dein.fi/governance/voting#why-do-token-holders-need-to-lock-their-staking-nfts) **Why do token holders need to lock their staking NFTs?** --------------------------------------------------------------------------------------------------------------------------------------------------------------------- Locking the staking NFTs is a crucial step to ensure the integrity and security of the voting process. It verifies the token holder's active stake and prevents manipulation or fraudulent voting activities. By locking their staking NFTs, token holders demonstrate their commitment and eligibility to vote on proposals and claims. [hashtag](https://docs.dein.fi/governance/voting#what-happens-after-token-holders-lock-their-staking-nfts) **What happens after token holders lock their staking NFTs?** ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Once token holders have successfully locked their staking NFTs, they gain voting rights and can participate in ongoing voting processes. They can fully access the claims assessment page on the DEIN app to view and cast their votes on specific claims. [hashtag](https://docs.dein.fi/governance/voting#what-are-the-benefits-of-voting) **What are the benefits of voting?** --------------------------------------------------------------------------------------------------------------------------- Voting empowers token holders to actively contribute to the decision-making process, ensuring their voices are heard and considered. It promotes transparency, fairness, and decentralization in the governance of the DEIN ecosystem. [hashtag](https://docs.dein.fi/governance/voting#does-participating-in-voting-carry-any-risks) **Does participating in voting carry any risks?** ----------------------------------------------------------------------------------------------------------------------------------------------------- Engaging in voting poses minimal risks, unless one attempts fraudulent voting or fails to expose their vote in the second phase, which may result in penalties. DEIN ecosystem promotes transparency and fairness, ensuring that genuine participants are duly rewarded and bad actors punished. [PreviousDEIN LP stakingchevron-left](https://docs.dein.fi/governance/dein-lp-staking) [NextClaim voting processchevron-right](https://docs.dein.fi/governance/voting/claim-voting-process) Last updated 1 year ago * [What is voting?](https://docs.dein.fi/governance/voting#what-is-voting) * [How does voting work?](https://docs.dein.fi/governance/voting#how-does-voting-work) * [Why do token holders need to lock their staking NFTs?](https://docs.dein.fi/governance/voting#why-do-token-holders-need-to-lock-their-staking-nfts) * [What happens after token holders lock their staking NFTs?](https://docs.dein.fi/governance/voting#what-happens-after-token-holders-lock-their-staking-nfts) * [What are the benefits of voting?](https://docs.dein.fi/governance/voting#what-are-the-benefits-of-voting) * [Does participating in voting carry any risks?](https://docs.dein.fi/governance/voting#does-participating-in-voting-carry-any-risks) --- # FAQ | DEIN Finance [hashtag](https://docs.dein.fi/governance/voting/faq#can-i-change-my-vote-after-it-has-been-cast) **Can I change my vote after it has been cast?** ------------------------------------------------------------------------------------------------------------------------------------------------------- No, once a vote has been submitted, it cannot be changed or revoked. It is important to carefully consider your vote before finalizing it. [hashtag](https://docs.dein.fi/governance/voting/faq#how-are-voting-results-determined) **How are voting results determined?** ----------------------------------------------------------------------------------------------------------------------------------- Voting results are determined based on the majority consensus of the participating token holders. The outcome with the highest (weighted) number of votes prevails. [PreviousVoting calculationschevron-left](https://docs.dein.fi/governance/voting/voting-calculations) [NextOverviewchevron-right](https://docs.dein.fi/dein-system/overview) Last updated 1 year ago * [Can I change my vote after it has been cast?](https://docs.dein.fi/governance/voting/faq#can-i-change-my-vote-after-it-has-been-cast) * [How are voting results determined?](https://docs.dein.fi/governance/voting/faq#how-are-voting-results-determined) --- # Liquidity Cushion | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fn9DiVPtdqxQYUDUbUCOw%252Fimage.png%3Falt%3Dmedia%26token%3Dc743e6c4-60e0-49fe-87aa-af7e5fc84084&width=768&dpr=3&quality=100&sign=125dc14c&sv=2) [hashtag](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#what-is-the-liquidity-cushion) **What is the Liquidity Cushion?** ------------------------------------------------------------------------------------------------------------------------------------------------ The Liquidity Cushion is an essential component of the DEIN ecosystem responsible for managing the funds available for withdrawal. It calculates the amount of funds needed to be readily accessible for withdraws until the next calculation period, which occurs every 4 days. [hashtag](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#how-does-the-liquidity-cushion-work) **How does the Liquidity Cushion work?** ------------------------------------------------------------------------------------------------------------------------------------------------------------ The Liquidity Cushion performs a crucial calculation every 4 days to determine the required funds for withdraw requests. This calculation takes into account various factors such as the volume of pending withdraws, expected withdraw requests, and available funds in the Capital Pool. [hashtag](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#why-is-the-4-day-period-important) **Why is the 4-day period important?** -------------------------------------------------------------------------------------------------------------------------------------------------------- The 4-day period is significant because many key functionalities within the DEIN ecosystem revolve around it. It allows for regular assessments of the funds needed for withdrawal requests and ensures the efficient management of available liquidity. [hashtag](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#how-does-the-liquidity-cushion-impact-the-capital-pools-investment-activities) **How does the Liquidity Cushion impact the Capital Pool's investment activities?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- By accurately determining the amount of funds needed for withdrawals, it enables the Capital Pool to make informed investment decisions. This ensures that the Capital Pool maintains a balance between withdraws and generating returns through strategic investments. circle-info Liquidity Cushion ensures a seamless and efficient withdraw experience for DEIN ecosystem participants. It helps maintain the availability of funds for timely withdraws while optimizing the Capital Pool's investment activities to generate potential returns for users. [PreviousCapital Poolchevron-left](https://docs.dein.fi/dein-system/capital-pool) [NextCompounded Poolchevron-right](https://docs.dein.fi/dein-system/compounded-pool) Last updated 2 years ago * [What is the Liquidity Cushion?](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#what-is-the-liquidity-cushion) * [How does the Liquidity Cushion work?](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#how-does-the-liquidity-cushion-work) * [Why is the 4-day period important?](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#why-is-the-4-day-period-important) * [How does the Liquidity Cushion impact the Capital Pool's investment activities?](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion#how-does-the-liquidity-cushion-impact-the-capital-pools-investment-activities) --- # Voting calculations | DEIN Finance [hashtag](https://docs.dein.fi/governance/voting/voting-calculations#how-is-the-reputation-calculated) How is the reputation calculated? --------------------------------------------------------------------------------------------------------------------------------------------- VoterxVoter\_xVoterx​ \- Voter for which the current calculation is done​ RepxRep\_xRepx​ \- Voter**\_**x reputation before the calculation Repxn{Rep\_x}\_nRepx​n​ \- Voter\_x reputation after the calculation VminV\_{min}Vmin​ \- % of voters voting in the minority VmajV\_{maj}Vmaj​ \- % of voters voting in the majority If the user has voted in the majority: Repxn\=Repx−Vmaj20{Rep}\_{x\_n}=Rep\_x-{\\frac {V\_{maj}} {20}}Repxn​​\=Repx​−20Vmaj​​ If the user has voted in the minority: Repxn\=Repx−(1−(Vmin∗2))22{Rep}\_{x\_n}=Rep\_x-{\\frac {({1}-(V\_{min}\*2))^2} {2}}Repxn​​\=Repx​−2(1−(Vmin​∗2))2​ [hashtag](https://docs.dein.fi/governance/voting/voting-calculations#how-are-the-rewards-calculated) How are the rewards calculated? ----------------------------------------------------------------------------------------------------------------------------------------- Voterx{Voter}\_xVoterx​ \- Voter for which the current calculation is done​ SharexShare\_xSharex​ \- % of the Voter\_x participation in the rewards distribution VPVPVP **-** Voting Power Sharex\=VPx∑1nVP1+VPnShare\_x = \\frac {{VP}\_x} {\\sum\_{1}^n{VP}\_1+{VP\_n}}Sharex​\=∑1n​VP1​+VPn​VPx​​ [hashtag](https://docs.dein.fi/governance/voting/voting-calculations#how-is-the-voting-power-calculated) **How is the Voting Power calculated?** ----------------------------------------------------------------------------------------------------------------------------------------------------- VPVPVP **-** User's Voting Power SSS - DEIN tokens Staked in the DEIN Native Staking NFT M2M\_2M2​ - Dein Native Staking NFT's Voting Multiplier RRR **-** Reputation VP\=(∑1nSn∗M2n)∗RVP = \\sqrt{(\\sum^n\_1{S\_n\*{M\_2}\_n})\*R}VP\=(1∑n​Sn​∗M2​n​)∗R​ circle-info S∗M2S\*M\_2S∗M2​ is also known as the individual DEIN Native Staking NFT's Voting Power [PreviousTrusted Voterschevron-left](https://docs.dein.fi/governance/voting/trusted-voters) [NextFAQchevron-right](https://docs.dein.fi/governance/voting/faq) Last updated 2 years ago * [How is the reputation calculated?](https://docs.dein.fi/governance/voting/voting-calculations#how-is-the-reputation-calculated) * [How are the rewards calculated?](https://docs.dein.fi/governance/voting/voting-calculations#how-are-the-rewards-calculated) * [How is the Voting Power calculated?](https://docs.dein.fi/governance/voting/voting-calculations#how-is-the-voting-power-calculated) --- # Allowance | DEIN Finance [hashtag](https://docs.dein.fi/dein-system/allowance#what-is-the-allowance) What is the Allowance? ------------------------------------------------------------------------------------------------------- Allowance or access permissions, allow a third party to have the right to carry out a transaction of a certain amount of user's tokens, which are associated with the user's address. circle-info Allowance costs a small amount of gas and is vital to interact with the protocol. [hashtag](https://docs.dein.fi/dein-system/allowance#where-is-it-used) Where is it used? --------------------------------------------------------------------------------------------- Our protocol uses Allowance when dealing with situations involving any token that is directly residing on the user's wallet; currently only in case of: * USDT; when Underwriting, or paying the Premium All other tokens require just a signature (which is free and instant). [hashtag](https://docs.dein.fi/dein-system/allowance#what-is-the-unlimited-allowance) What is the Unlimited Allowance? --------------------------------------------------------------------------------------------------------------------------- To avoid the Allowance process becoming tedious or even annoying, it's possible to set an Unlimited Allowance for a particular token. Doing so will allow the user to only have to go through the Allowance process once for each type of token used. circle-check Unlimited Allowance can greatly reduce gas fees, as it removes the need for repeatable transactions. [hashtag](https://docs.dein.fi/dein-system/allowance#is-unlimited-allowance-safe) Is Unlimited Allowance safe? ------------------------------------------------------------------------------------------------------------------- It all depends on when, how, and by who is it used. In the case of our protocol, the simple answer is yes. However, it's a decision that all of our users need to make for themselves. As such it's never forced, both "Regular" and "Unlimited" Allowance types will always be viable for the user. circle-exclamation Unlimited Allowance is an advanced procedure that should be used only as a result of a conscious decision. [PreviousPrecise APY calculationschevron-left](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations) [NextReinsurance Poolchevron-right](https://docs.dein.fi/dein-system/reinsurance-pool) Last updated 2 years ago * [What is the Allowance?](https://docs.dein.fi/dein-system/allowance#what-is-the-allowance) * [Where is it used?](https://docs.dein.fi/dein-system/allowance#where-is-it-used) * [What is the Unlimited Allowance?](https://docs.dein.fi/dein-system/allowance#what-is-the-unlimited-allowance) * [Is Unlimited Allowance safe?](https://docs.dein.fi/dein-system/allowance#is-unlimited-allowance-safe) --- # Underwriting | DEIN Finance [hashtag](https://docs.dein.fi/underwrite/underwriting#the-underwriter) The Underwriter -------------------------------------------------------------------------------------------- * Can be anyone, even projects themselves. * Provides Collateral (USDT) on the risk-taking side of the Policy Book. * Underwriting whitelisted Policy Books yields DEIN tokens. * They are, additionally, jointly entitled to 20% (for whitelisted, 80% for non-whitelisted) of all Premiums paid for Policies against Policy Book in exchange for providing Collateral. * The individual yield rewarded to an Underwriter is proportionate to the collateral they provided to a Policy Book, and their chosen lock-up duration. * Upon a successful Claim, the Claimant is reimbursed with Collateral provided by the Underwriters, up to their Policy Size. Underwriters share in the loss proportionately to the amount they contributed to the Policy Book. [hashtag](https://docs.dein.fi/underwrite/underwriting#where-can-i-see-all-policy-books-and-their-apy) **Where can I see all Policy Books and their APY?** --------------------------------------------------------------------------------------------------------------------------------------------------------------- Head over to (LINK TO GET INSURED MAINNET) [hashtag](https://docs.dein.fi/underwrite/underwriting#what-risk-do-i-bear-when-underwriting-a-policy-book) **What risk do I bear when underwriting a Policy Book?** ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Suppose a claim against this Policy Book is approved. In that case, you might lose some or all of your funds in the Policy Book, depending on: * **The Claim(s) payout amount(s)** * % of your contribution to the particular Policy Book [hashtag](https://docs.dein.fi/underwrite/underwriting#how-do-i-gauge-the-risk-level-of-a-policy-book) **How do I gauge the risk level of a Policy Book?** --------------------------------------------------------------------------------------------------------------------------------------------------------------- A good indicator of risk is the Utilization Ratio of the Policy Book (expressed in %) Utilizaton  Ratio\=Active  CoverageCollateralUtilizaton\\;Ratio = \\frac{Active\\;Coverage}{Collateral}UtilizatonRatio\=CollateralActiveCoverage​ A high Utilization Ratio implies that many users are willing to take insurance against the project, and few are ready to underwrite it. Hence the project can be considered risky. A high Utilization Ratio also indicates that more of the Underwriters' Collateral is at risk. If a Policy Book has a Utilization Ratio of 50% and all policies bought against the Policy Book are claimed and approved in full, 50% of the Collateral in the Policybook will be distributed to Policyholders (Claimants). On the flip side, high utilization ratio Policy Books charge higher Premiums and generally have much higher APYs. circle-exclamation **Please do your own risk assessment before putting money in any Policy Book.** [hashtag](https://docs.dein.fi/underwrite/underwriting#what-are-the-benefits-of-locking-my-funds) What are the benefits of Locking my funds? ------------------------------------------------------------------------------------------------------------------------------------------------- Choosing to Lock your funds adds a bigger weight to your position, which translates to bigger reward share. Here are the exact multipliers for each Lockup Duration: Lockup Duration No-Lockup Reward Multiplier x1 Lockup Duration 3 months Reward Multiplier x2 Lockup Duration 6 months Reward Multiplier x3 Lockup Duration 12 months Reward Multiplier x4 Lockup Duration 24 months Reward Multiplier x5 [hashtag](https://docs.dein.fi/underwrite/underwriting#what-if-i-dont-want-to-lock-my-funds) What if I don't want to Lock my funds? ---------------------------------------------------------------------------------------------------------------------------------------- That's perfectly fine! You can just choose No-Lockup option when Underwriting. You will still earn rewards, however they will not be increased by any multiplier. [hashtag](https://docs.dein.fi/underwrite/underwriting#what-is-the-difference-between-a-whitelisted-policy-book-and-a-non-whitelisted-one) **What is the difference between a Whitelisted Policy Book and a non-Whitelisted one?** --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The Whitelisted Policy Books are verified by the DEIN DAO, they are eligible for DEIN token rewards and tend to have higher APYs. You are safe to assume that they cover reputable projects with correct contract information (such as the insured address, chains, or [Policy Terms](https://docs.dein.fi/get-insured/policy-terms) ). Their Premium distribution is: 20% to the Underwriters, and 80% to the DEIN treasury. The non-Whitelisted Policy Books are not verified by the DEIN DAO and are not eligible for DEIN token rewards, they only distribute the Premium provided by the Policyholders. Their Premium distribution is 80% to the Underwriters, and 20% to the DEIN treasury. circle-info Non-Whitelisted Policy Books don't necessarily automatically mean they are not safe to use. You should however do additional research and double-check everything before choosing to underwrite them. [hashtag](https://docs.dein.fi/underwrite/underwriting#what-does-the-saturation-of-the-policy-book-mean) **What does the "saturation" of the Policy Book mean?** --------------------------------------------------------------------------------------------------------------------------------------------------------------------- * Saturation represents the relation between the given DEINxCover token and USDT. * A 1:1 saturation means that 1 DEINxCover token is worth 1 USDT. * The Policy Book's saturation can change only due to a [claim payout](https://docs.dein.fi/governance/voting/claim-voting-process) **or** premium distribution. circle-info USDT rewards come from Premiums paid by the Policyholders, which increases the saturation. Underwriters can claim the USDT yield by exiting the position and converting their DEINxCover tokens to USDT at the saturated rate. [hashtag](https://docs.dein.fi/underwrite/underwriting#how-is-the-apy-of-a-policy-book-determined) **How is the APY of a** Policy Book **determined?** ----------------------------------------------------------------------------------------------------------------------------------------------------------- There are two components to the yield which Underwriters can earn: * Premiums from Policy Holders * DEIN rewards for staking DEINxCover The following section is dedicated to Underwriting rewards in full: [🎁Rewardschevron-right](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers) [PreviousNon-EVM Policieschevron-left](https://docs.dein.fi/get-insured/non-evm-policies) [NextRewardschevron-right](https://docs.dein.fi/underwrite/underwriting/rewards-for-liquidity-providers) Last updated 1 month ago * [The Underwriter](https://docs.dein.fi/underwrite/underwriting#the-underwriter) * [Where can I see all Policy Books and their APY?](https://docs.dein.fi/underwrite/underwriting#where-can-i-see-all-policy-books-and-their-apy) * [What risk do I bear when underwriting a Policy Book?](https://docs.dein.fi/underwrite/underwriting#what-risk-do-i-bear-when-underwriting-a-policy-book) * [How do I gauge the risk level of a Policy Book?](https://docs.dein.fi/underwrite/underwriting#how-do-i-gauge-the-risk-level-of-a-policy-book) * [What are the benefits of Locking my funds?](https://docs.dein.fi/underwrite/underwriting#what-are-the-benefits-of-locking-my-funds) * [What if I don't want to Lock my funds?](https://docs.dein.fi/underwrite/underwriting#what-if-i-dont-want-to-lock-my-funds) * [What is the difference between a Whitelisted Policy Book and a non-Whitelisted one?](https://docs.dein.fi/underwrite/underwriting#what-is-the-difference-between-a-whitelisted-policy-book-and-a-non-whitelisted-one) * [What does the "saturation" of the Policy Book mean?](https://docs.dein.fi/underwrite/underwriting#what-does-the-saturation-of-the-policy-book-mean) * [How is the APY of a Policy Book determined?](https://docs.dein.fi/underwrite/underwriting#how-is-the-apy-of-a-policy-book-determined) --- # Links | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FVAxKrMV9fsOZPFZAQTQK%252Fimage.png%3Falt%3Dmedia%26token%3Dabb56530-501e-4f3d-a293-81c1145db1de&width=768&dpr=3&quality=100&sign=e73fac47&sv=2) **DEIN Links** Website: [dein.fiarrow-up-right](https://dein.fi/) Application: [app.dein.fiarrow-up-right](https://app.dein.fi/) Twitter: [https://twitter.com/DEIN\_fiarrow-up-right](https://twitter.com/DEIN_fi) Telegram: [https://t.me/DEIN\_fiarrow-up-right](https://t.me/DEIN_fi) Discord: [https://discord.com/invite/HUx3yWs5AKarrow-up-right](https://discord.com/invite/HUx3yWs5AK) Coin Market Cap: [https://coinmarketcap.com/currencies/dein/arrow-up-right](https://coinmarketcap.com/currencies/dein/) [PreviousMedia Kitchevron-left](https://docs.dein.fi/other/media-kit) [NextMath stuffchevron-right](https://docs.dein.fi/other/math-stuff) Last updated 1 month ago --- # Capital Pool | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252Fida9OBRCAzahGPU9k0tJ%252Fimage.png%3Falt%3Dmedia%26token%3D2326a0d4-bf81-4df3-a686-bfa320ba3f81&width=768&dpr=3&quality=100&sign=11551d70&sv=2) Both the [Reward](https://docs.dein.fi/dein-system/reward-pool) and the Capital pools are internal contracts within the DEIN protocol. In other words, users cannot interact directly with those pools, however, they significantly enhance the protocol's usability and capital efficiency, ultimately generating value for the users. [hashtag](https://docs.dein.fi/dein-system/capital-pool#what-is-the-capital-pool) What is the Capital pool? ---------------------------------------------------------------------------------------------------------------- The Capital Pool is a DEIN-platform-owned contract that manages and distributes funds both internally and externally. Responsible for Collateral withdraws, and Policy Payouts, as well as for investing in low-risk, 3rd party DeFi protocols to generate protocol-owned yield. Its “liquidity cushion” is rebalanced daily to always guarantee continuous operations and financial liquidity. circle-info Capital Pool is an administration and investment vehicle, that interacts with users and other Decentralized Finance crypto protocols. [hashtag](https://docs.dein.fi/dein-system/capital-pool#doesnt-this-expose-the-capital-to-extra-risk) **Doesn't this expose the capital to extra risk?** ------------------------------------------------------------------------------------------------------------------------------------------------------------- Although this may add an extra layer of risk, the Capital Pool allocates funds **only in the most well-known, tested, and liquid protocols to bring the risk down to a minimum.** [hashtag](https://docs.dein.fi/dein-system/capital-pool#how-do-underwriters-benefit-from-this) **How do Underwriters benefit from this?** ---------------------------------------------------------------------------------------------------------------------------------------------- The yield generated by the Capital Pool can be used to issue buybacks to refuel the Reward Pool, which will be instrumental in helping both the stabilization of the DEIN token price as well as the increase in yields for Underwriters' and enticing incentives across the DEIN platform. circle-info Further down the line, the DEIN DAO will be able to operate and decide what to do with the yield generated by the Capital Pool. Some of the potential ideas include executing DEIN buy-backs from exchanges or deploying the yield as liquidity into different protocols. [PreviousOverviewchevron-left](https://docs.dein.fi/dein-system/overview) [NextLiquidity Cushionchevron-right](https://docs.dein.fi/dein-system/capital-pool/liquidity-cushion) Last updated 1 year ago * [What is the Capital pool?](https://docs.dein.fi/dein-system/capital-pool#what-is-the-capital-pool) * [Doesn't this expose the capital to extra risk?](https://docs.dein.fi/dein-system/capital-pool#doesnt-this-expose-the-capital-to-extra-risk) * [How do Underwriters benefit from this?](https://docs.dein.fi/dein-system/capital-pool#how-do-underwriters-benefit-from-this) --- # Native DEIN staking | DEIN Finance [hashtag](https://docs.dein.fi/governance/native-dein-staking#summary) Summary ----------------------------------------------------------------------------------- * Anyone can stake DEIN in the DEIN Native Staking Contract. * Rewards are distributed proportionally to the Native Stakers based on the amount of DEIN staked and chosen staking duration. * Rewards are not compounded but can be re-staked to the user's currently owned DEIN Native Staking NFT. * Users receive DEIN Native Staking NFT (ERC-1155) as proof of their staking position. These NFTs are tradable, which, if done, transfers the staking position. triangle-exclamation Transferring the DEIN Native Staking NFT from wallet X will result in the wallet X losing the staking position - please take caution, and trade them with care. [hashtag](https://docs.dein.fi/governance/native-dein-staking#where-can-i-buy-dein) Where can I buy DEIN? -------------------------------------------------------------------------------------------------------------- DEIN [arrow-up-right](https://app.sushi.com/swap?outputCurrency=0x725c263e32c72ddc3a19bea12c5a0479a81ee688&use=V2) can be bought on Uniswap or directly from DEIN's app via the Uniswap widget. [hashtag](https://docs.dein.fi/governance/native-dein-staking#how-big-are-the-staking-rewards) How big are the staking rewards? ------------------------------------------------------------------------------------------------------------------------------------ DEIN rewards distribution rates are re-calculated monthly by the [Reward Pool.](https://docs.dein.fi/dein-system/reward-pool) To see the current DEIN Native Staking APY, please head to [our app.arrow-up-right](https://docs.dein.fi/governance/www.app.dein.fi) [Reward Poolchevron-right](https://docs.dein.fi/dein-system/reward-pool) [hashtag](https://docs.dein.fi/governance/native-dein-staking#what-is-the-dein-native-staking-nft) What is the DEIN Native Staking NFT? -------------------------------------------------------------------------------------------------------------------------------------------- DEIN Native Staking NFT proves the user's position in the native DEIN staking pool. It's minted at the moment of creating a new DEIN Native Staking position. Each DEIN Native Staking NFT differs by the DEIN amounts staked and the terms of the staking. DEIN Native Staking NFTs can also be used to vote on claims by locking them in the voting contract. This process is handled in the [Claims Assessment section of the app.arrow-up-right](https://app.bridgemutual.io/user/claims-assessment) To read more about the voting process, please head here: [🗒️Claim voting processchevron-right](https://docs.dein.fi/governance/voting/claim-voting-process) [hashtag](https://docs.dein.fi/governance/native-dein-staking#dein-native-staking-terms) DEIN Native Staking terms ----------------------------------------------------------------------------------------------------------------------- Anyone can stake their DEIN tokens in the DEIN Native Staking Contract in exchange for rewards (DEIN tokens) and a DEIN Native Staking NFT (ERC-1155) that represents their position. **Staking Duration (months)** **Reward Multiplier** **Voting Multiplier** 1 1 1 6 2 3 12 3 10 24 4 40 36 5 100 ### [hashtag](https://docs.dein.fi/governance/native-dein-staking#discount-levels) Discount Levels Native Stakers are addiitonaly rewarded with a discount on the Premium when purchasing a Policy. There are 7 Discount Levels, each obtained by reaching a certain threshold of Staking Power. Staking Power is simply the DEIN staked in the position multiplied by the Reward Multiplier. **Level** **Staking power** **Discount** 1 1,120+ 1% 2 5,600+ 2% 3 22,400+ 3% 4 67,200+ 4% 5 168,000+ 7% 6 420,000+ 10% 7 1,050,000+ 15% circle-info Example: 1. User A stakes 5,000 DEIN tokens to the DEIN Native Staking Contract for the duration of 36 months 2. DEIN System mints a DEIN Native Staking NFT with the specified amount and duration information: Amount: 5,000 DEIN Lockup: 36 months Reward Multiplier: 5x Voting Multiplier: 100x Staking Power: 25,000 Voting Power: 500,000 3. Since this is User A's only DEIN Native Staking NFT, they qualify for the Discount Level 3, and will receive 3% Discount on any Policy Purchase against a DEIN Policybook. [hashtag](https://docs.dein.fi/governance/native-dein-staking#voting-with-dein-native-staking-nfts) **Voting with DEIN Native Staking NFTs** ------------------------------------------------------------------------------------------------------------------------------------------------- DEIN Native Staking NFTs enable users to lock their NFTs for voting purposes. By participating in the voting process, users contribute to decision-making within the DEIN ecosystem. The staking duration associated with the NFT reflects the NFT's voting power, therefore longer staking durations directly result in increased influence in the voting outcomes. circle-exclamation User's total Voting Power is a [sub-linear sum of all of their locked NFT's Voting Power,](https://docs.dein.fi/governance/voting/voting-calculations#how-is-the-voting-power-calculated) and differs from the individual NFT Voting Power. Please refer to the Claims Assessment section of our app to learn more about the voting process. [Votingchevron-right](https://docs.dein.fi/governance/voting) [hashtag](https://docs.dein.fi/governance/native-dein-staking#are-there-any-risks-i-should-be-aware-of) Are there any risks I should be aware of? ------------------------------------------------------------------------------------------------------------------------------------------------------ While participating in Native DEIN Staking, it's important to be aware of potential risks, although they are unlikely to occur. One such risk is the extremely remote possibility of the Compounded Pool being used for Payouts, which is designed as a last resort measure. However, DEIN employs various mechanisms to minimize this likelihood and make sure only a small portion of the Native Staking is affected. We reccomend to read more about the Compounded Pool here: [Compounded Poolchevron-right](https://docs.dein.fi/dein-system/compounded-pool) [PreviousAdding a Policy Bookchevron-left](https://docs.dein.fi/underwrite/coverage-pools) [NextDEIN LP stakingchevron-right](https://docs.dein.fi/governance/dein-lp-staking) Last updated 1 year ago * [Summary](https://docs.dein.fi/governance/native-dein-staking#summary) * [Where can I buy DEIN?](https://docs.dein.fi/governance/native-dein-staking#where-can-i-buy-dein) * [How big are the staking rewards?](https://docs.dein.fi/governance/native-dein-staking#how-big-are-the-staking-rewards) * [What is the DEIN Native Staking NFT?](https://docs.dein.fi/governance/native-dein-staking#what-is-the-dein-native-staking-nft) * [DEIN Native Staking terms](https://docs.dein.fi/governance/native-dein-staking#dein-native-staking-terms) * [Discount Levels](https://docs.dein.fi/governance/native-dein-staking#discount-levels) * [Voting with DEIN Native Staking NFTs](https://docs.dein.fi/governance/native-dein-staking#voting-with-dein-native-staking-nfts) * [Are there any risks I should be aware of?](https://docs.dein.fi/governance/native-dein-staking#are-there-any-risks-i-should-be-aware-of) --- # Claim voting process | DEIN Finance Every user can see Active Claims in the Claims Assessment tab of the app, and they can open the Claims to see the evidence uploaded by the Claimant. * Votes are anonymous and encrypted. * Voting utilizes game theory mechanics. * In order to vote, Users have to stake native DEIN tokens, receive DEIN Native Staking NFT in return, and lock them in the voting contract. * **Voters need to confirm their vote in the second phase of voting or will suffer a penalty.** * Voters may vote on multiple Claims before submitting all of them in a batch send. This is to save time and gas fees. * Votes are weighted based on the voter's Voting Power - it also determines the number of rewards and penalties received. * Users, to vote, have to receive their reputation and DEIN rewards from all previous votes first (including penalties). [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#what-are-the-phases-of-voting) **What are the phases of voting?** -------------------------------------------------------------------------------------------------------------------------------------------- In the first phase, users can review the evidence presented by the Claimant and add their votes to accept or deny the claim within a 7-day period. Votes are anonymous, and users need to stake DEIN tokens, receive DEIN staking NFTs, and lock them in the voting contract to vote. In the second phase, which also lasts 7 days, users who voted in the first phase must confirm their votes to avoid penalties. After 2 weeks, the claimant is allowed to reveal the result of the vote for which they have 4 days. _**If they fail to do so, anyone can reveal the outcome during an additional 6-day period, and receive additional rewards.**_ ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FupO0KEGfdtY7L4jQvzWU%252Fimage.png%3Falt%3Dmedia%26token%3D8414fba5-5b10-4b3d-bd35-47900b7a815d&width=768&dpr=3&quality=100&sign=12396427&sv=2) The voting phases [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#how-can-i-vote) **How can I vote?** -------------------------------------------------------------------------------------------------------------- After staking DEIN tokens in the DIEN Native Staking Contract, users receive DEIN Native Staking NFTs as proof of their position in the DEIN Native Staking Contract. These NFTs can be further staked in the voting process to vote on claims. [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#where-can-i-stake) **Where can I stake?** -------------------------------------------------------------------------------------------------------------------- Staking native DEIN tokens can be done at LINK [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#where-can-i-vote) **Where can I vote?** ------------------------------------------------------------------------------------------------------------------ Head over to LINK [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#do-i-get-rewards-for-voting) **Do I get rewards for voting?** ---------------------------------------------------------------------------------------------------------------------------------------- Yes. You can read more on the rewards in the next gitbook section: [🎁Reputation and reward systemchevron-right](https://docs.dein.fi/governance/voting/reputation-and-reward-system) [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#how-are-claims-determined) How are claims determined? -------------------------------------------------------------------------------------------------------------------------------- A claim requires a 66% majority to be passed. Additionally, for the voting to be valid (whether approved or denied), at least 10% of the total value of the locked DEIN NFTs must be participating in the voting process. [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#what-happens-if-my-claim-is-approved-or-denied) What happens if my claim is approved or denied? -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- If your claim is approved, the final payout is determined by the weighted average of the DEIN Native Staking NFTs Voting Powers and their respective votes. In the case of a denied claim, you still have the option to Appeal by depositing an additional 1% of the claim's value, with [trusted voters](https://docs.dein.fi/governance/voting/trusted-voters) being the only ones eligible to vote on Appeals. [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#how-is-fraudulent-voting-prevented) How is fraudulent voting prevented? -------------------------------------------------------------------------------------------------------------------------------------------------- The multi-phase voting system incorporates incentives and punishment measures to promote fair and honest voting. Users who vote in the majority are rewarded, while those in the minority may face reputation loss and decreased voting power. Furthermore, users who vote against a large majority may have a portion of their stake confiscated and added to the Treasury. The DEIN team does not influence voting; only DEIN stakers can participate in the voting process. [hashtag](https://docs.dein.fi/governance/voting/claim-voting-process#can-the-dein-team-influence-voting) **Can the DEIN team influence voting?** ------------------------------------------------------------------------------------------------------------------------------------------------------ No, the only people who participate in voting are the Native Stakers. No one else can affect the outcome of a vote. [PreviousVotingchevron-left](https://docs.dein.fi/governance/voting) [NextReputation and reward systemchevron-right](https://docs.dein.fi/governance/voting/reputation-and-reward-system) Last updated 2 years ago * [What are the phases of voting?](https://docs.dein.fi/governance/voting/claim-voting-process#what-are-the-phases-of-voting) * [How can I vote?](https://docs.dein.fi/governance/voting/claim-voting-process#how-can-i-vote) * [Where can I stake?](https://docs.dein.fi/governance/voting/claim-voting-process#where-can-i-stake) * [Where can I vote?](https://docs.dein.fi/governance/voting/claim-voting-process#where-can-i-vote) * [Do I get rewards for voting?](https://docs.dein.fi/governance/voting/claim-voting-process#do-i-get-rewards-for-voting) * [How are claims determined?](https://docs.dein.fi/governance/voting/claim-voting-process#how-are-claims-determined) * [What happens if my claim is approved or denied?](https://docs.dein.fi/governance/voting/claim-voting-process#what-happens-if-my-claim-is-approved-or-denied) * [How is fraudulent voting prevented?](https://docs.dein.fi/governance/voting/claim-voting-process#how-is-fraudulent-voting-prevented) * [Can the DEIN team influence voting?](https://docs.dein.fi/governance/voting/claim-voting-process#can-the-dein-team-influence-voting) --- # Math stuff | DEIN Finance [👓Premium calculationschevron-right](https://docs.dein.fi/get-insured/getting-insured/premium-calculations) [👓Precise APY calculationschevron-right](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations) [👓Voting calculationschevron-right](https://docs.dein.fi/governance/voting/voting-calculations) [PreviousLinkschevron-left](https://docs.dein.fi/other/links) Last updated 2 years ago --- # Media Kit | DEIN Finance ![](https://docs.dein.fi/~gitbook/image?url=https%3A%2F%2F3538207768-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F3q3w8sHRweEMFlACufqe%252Fuploads%252FOgmvOFJrsj9Wpb4yOLR3%252FFrame%252012034.png%3Falt%3Dmedia%26token%3D58ae2d91-241b-4a96-9432-174f2ffa5f40&width=768&dpr=3&quality=100&sign=c50f0c3c&sv=2) Socials: [https://linktr.ee/DEIN\_filinktr.eechevron-right](https://linktr.ee/DEIN_fi) or blogs, other and more: [Linkschevron-right](https://docs.dein.fi/other/links) [hashtag](https://docs.dein.fi/other/media-kit#full-branding-guide) Full Branding Guide: --------------------------------------------------------------------------------------------- file-pdf 6MB [DEIN\_BRAND\_GUIDELINES.pdf](https://3538207768-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3q3w8sHRweEMFlACufqe%2Fuploads%2FfMFl3yJAMYGWtG9gN53e%2FDEIN_BRAND_GUIDELINES.pdf?alt=media&token=53ec69d0-8649-4044-9156-abb9a60724ad) PDF 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[DEIN-icon.svg](https://3538207768-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3q3w8sHRweEMFlACufqe%2Fuploads%2FwZ3ZWwOjs954Gmbak2zc%2FDEIN-icon.svg?alt=media&token=93625271-457a-4ccf-927b-77547a58fde2) image downloadDownload[arrow-up-right-from-squareOpen](https://3538207768-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3q3w8sHRweEMFlACufqe%2Fuploads%2FwZ3ZWwOjs954Gmbak2zc%2FDEIN-icon.svg?alt=media&token=93625271-457a-4ccf-927b-77547a58fde2) [hashtag](https://docs.dein.fi/other/media-kit#cover-image) Cover Image ---------------------------------------------------------------------------- file-image 45KB [DEIN-coverimage.png](https://3538207768-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3q3w8sHRweEMFlACufqe%2Fuploads%2FxkPxIWvaaeguDA5o1Lp4%2FDEIN-coverimage.png?alt=media&token=67057050-86a0-4a0f-b065-24fbfda97c73) image downloadDownload[arrow-up-right-from-squareOpen](https://3538207768-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F3q3w8sHRweEMFlACufqe%2Fuploads%2FxkPxIWvaaeguDA5o1Lp4%2FDEIN-coverimage.png?alt=media&token=67057050-86a0-4a0f-b065-24fbfda97c73) [PreviousReinsurance Poolchevron-left](https://docs.dein.fi/dein-system/reinsurance-pool) [NextLinkschevron-right](https://docs.dein.fi/other/links) Last updated 3 months ago * [Full Branding Guide:](https://docs.dein.fi/other/media-kit#full-branding-guide) * [Logos:](https://docs.dein.fi/other/media-kit#logos) * [Cover Image](https://docs.dein.fi/other/media-kit#cover-image) --- # Reinsurance Pool | DEIN Finance [hashtag](https://docs.dein.fi/dein-system/reinsurance-pool#what-is-the-reinsurance-pool) What is the Reinsurance Pool? ---------------------------------------------------------------------------------------------------------------------------- DEIN Reinsurance pool is a separate Policy Book-like entity with its own collateral, which is stored separately from the Capital Pool's funds. The Reinsurance Pool serves as protection for the DEIN system against potential losses caused by hacks, Compounded Pool payouts, or other exploits leading to a permanent loss of funds. [hashtag](https://docs.dein.fi/dein-system/reinsurance-pool#who-does-the-reinsurance-pool-protect) Who does the Reinsurance Pool protect? ---------------------------------------------------------------------------------------------------------------------------------------------- All DEIN users are automatically insured by the Reinsurance Pool. It doesn't matter if you deposit 1 USDT or 10,000 USD, you are covered all the same! If anything happens within the DEIN ecosystem, which was not an intentional function of the DEIN Protocol, and leads to you permanently losing funds, you will be able to create a claim and receive compensation. [hashtag](https://docs.dein.fi/dein-system/reinsurance-pool#how-can-i-participate) How can i participate? -------------------------------------------------------------------------------------------------------------- Anyone is able to provide ETH, USDT into DEIN Reinsurance Pool. The reward distribution system works similar to other Policy Books. Underwriters depositing more and locking their funds for a longer period will see a significant boost to their APY. [hashtag](https://docs.dein.fi/dein-system/reinsurance-pool#what-are-the-benefits-of-locking-my-funds) What are the benefits of Locking my funds? ------------------------------------------------------------------------------------------------------------------------------------------------------ Choosing to Lock your funds adds a bigger weight to your position, which translates to bigger reward share. Here are the exact multipliers for each Lockup Duration: Lockup Duration No-Lockup Reward Multiplier x1 Lockup Duration 3 months Reward Multiplier x2 Lockup Duration 6 months Reward Multiplier x3 Lockup Duration 12 months Reward Multiplier x4 Lockup Duration 24 months Reward Multiplier x5 circle-info The pre-launch Airdrop Event participants have a one-time possibility to opt-in for some more favorable locking terms. [Learn more.](https://docs.dein.fi/airdrop-event#airdrop-event-participants) [hashtag](https://docs.dein.fi/dein-system/reinsurance-pool#what-if-i-dont-want-to-lock-my-funds) What if I don't want to Lock my funds? --------------------------------------------------------------------------------------------------------------------------------------------- That's perfectly fine! You can just choose No-Lockup option when Depositing. You will still earn rewards, however they will not be increased by any multiplier. [hashtag](https://docs.dein.fi/dein-system/reinsurance-pool#how-can-you-offer-insurance-for-your-own-project) How can you offer insurance for your own project? -------------------------------------------------------------------------------------------------------------------------------------------------------------------- The contracts the Reinsurance Pool uses, are connected with only the most necessary and minimalistic functionalities within the DEIN ecosystem. As such it is extremely unlikely it will be a target of any exploit, hack, or causes any major loss of funds. Other than that, we are just _**extremely**_ confident in the DEIN system and are willing to put our money where our mouths are. circle-check This will also serve as a proof of concept for the [Personalized Insurance](https://docs.dein.fi/get-insured/personalized-insurance) feature, we hope that other Protocols and crypto-space as a whole sees our solution to Project Insurance as the new and better version of audits. [PreviousAllowancechevron-left](https://docs.dein.fi/dein-system/allowance) [NextMedia Kitchevron-right](https://docs.dein.fi/other/media-kit) Last updated 1 year ago * [What is the Reinsurance Pool?](https://docs.dein.fi/dein-system/reinsurance-pool#what-is-the-reinsurance-pool) * [Who does the Reinsurance Pool protect?](https://docs.dein.fi/dein-system/reinsurance-pool#who-does-the-reinsurance-pool-protect) * [How can i participate?](https://docs.dein.fi/dein-system/reinsurance-pool#how-can-i-participate) * [What are the benefits of Locking my funds?](https://docs.dein.fi/dein-system/reinsurance-pool#what-are-the-benefits-of-locking-my-funds) * [What if I don't want to Lock my funds?](https://docs.dein.fi/dein-system/reinsurance-pool#what-if-i-dont-want-to-lock-my-funds) * [How can you offer insurance for your own project?](https://docs.dein.fi/dein-system/reinsurance-pool#how-can-you-offer-insurance-for-your-own-project) --- # Precise APY calculations | DEIN Finance [hashtag](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#general-commonly-used-formulas) General (**Commonly used formulas)** --------------------------------------------------------------------------------------------------------------------------------------------------------- #### [hashtag](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#users-reward-allocation-for-a-singular-position) User’s reward allocation for a singular position RD%\=Cx∑n\=1usersCn Cx\=T⋅MR\_{D\\%} = \\frac{C\_x}{\\sum\_{n=1}^{users}C\_n} \\\\\\ \\\\C\_x = T \\cdot M RD%​\=∑n\=1users​Cn​Cx​​ Cx​\=T⋅M Where:RD%  −  allocation  of  rewards  for  the  user  X′s  positionCx,Cn−  contribution  of  the  user  X,  Nusers  −  amount  of  positions  in  the  Policy  BookT  −  user  X′s  staked  funds  of  the  positionM  −  user  X′s  multiplier  of  the  position\\\\\\textbf{Where:}\\\\R\_{D\\%} \\; -\\; allocation \\; of \\; rewards \\; for \\; the \\; user \\; X's \\; position\\\\C\_x, C\_n - \\; contribution \\; of \\; the \\; user \\; X,\\; N \\\\users \\; - \\; amount \\; of \\; positions \\; in \\; the \\; Policy \\; Book\\\\T \\; - \\; user \\; X's \\; staked \\; funds \\; of \\; the \\; position\\\\M \\; - \\; user \\; X's \\; multiplier \\; of \\; the \\; positionWhere:RD%​−allocationofrewardsfortheuserX′spositionCx​,Cn​−contributionoftheuserX,Nusers−amountofpositionsinthePolicyBookT−userX′sstakedfundsofthepositionM−userX′smultiplieroftheposition #### [hashtag](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#users-rewards-for-the-position) User’s yearly rewards for position X Rx\=RPB⋅BPY⋅RD%R\_x= RPB \\cdot BPY \\cdot R\_{D\\%} Rx​\=RPB⋅BPY⋅RD%​ Where:Rx−  yearly  rewards  for  the  user  X′s  positionRPB  −  Policy  Book′s  reward  per  blockBPY  −  blocks  in  a  yearRD%  −  allocation  of  rewards  for  the  user  X′s  position\\\\\\textbf{Where:}\\\\R\_x - \\; yearly\\; rewards \\; for \\; the \\; user \\; X's \\; position\\\\RPB \\; - \\; Policy \\;Book's \\; reward \\; per \\; block\\\\BPY \\; - \\; blocks \\; in \\; a \\; year\\\\R\_{D\\%} \\; - \\; allocation \\; of \\; rewards \\; for \\; the \\; user \\; X's \\; positionWhere:Rx​−yearlyrewardsfortheuserX′spositionRPB−PolicyBook′srewardperblockBPY−blocksinayearRD%​−allocationofrewardsfortheuserX′sposition **Policy Book X reward multiplier calculation** **Where: UR -** Utilization Ratio **RM -** Reward Multiplier circle-info _**These constants have been skipped in the formulas for clarity's sake.**_ Base RM = 1 Min. RM = 0.15 Max. RM = 2 Risky UR = 85% Moderate UR = 50% UR<50%  ⟹  RMx\=UR−1%50%∗(1−0.15)+0.15UR < 50\\% \\implies RM\_x=\\frac{UR-1\\%}{50\\%}\*(1-0.15)+0.15UR<50%⟹RMx​\=50%UR−1%​∗(1−0.15)+0.15 50%85%  ⟹  RMx\=1+(2−1)∗(UR−85%)100%−85%UR > 85\\% \\implies RM\_x= 1+\\frac{(2-1)\*(UR-85\\%)}{100\\%-85\\%}UR\>85%⟹RMx​\=1+100%−85%(2−1)∗(UR−85%)​ **Policy Book X reward allocation calculation** RP%\=RMx⋅CPIPx∑n\=1pools(RMn⋅ CPIPn)R\_{P\\%} = \\frac{RM\_x \\cdot CPIP\_x}{\\sum\_{n=1}^{pools}(RM\_n \\cdot \\ CPIP\_n)} RP%​\=∑n\=1pools​(RMn​⋅ CPIPn​)RMx​⋅CPIPx​​ Where:RP%  −  allocation  of  rewards  for  the  Policy  Book  XRMx  −  Reward  Multplier  of  the  Policy  Book  XCPIPx  −  staked  DEINxCover  in  Policy  Book  Xpools  −  number  of  whitelisted  pools\\\\\\textbf{Where:}\\\\R\_{P\\%} \\; - \\; allocation \\; of \\; rewards \\; for \\; the \\; Policy \\; Book\\; X\\\\RM\_x \\; - \\; Reward \\; Multplier \\; of \\; the \\; Policy \\; Book \\; X\\\\CPIP\_x \\; - \\; staked \\; DEINxCover \\; in \\; Policy \\; Book \\; X\\\\pools \\; - \\; number \\; of \\; whitelisted \\;poolsWhere:RP%​−allocationofrewardsforthePolicyBookXRMx​−RewardMultplierofthePolicyBookXCPIPx​−stakedDEINxCoverinPolicyBookXpools−numberofwhitelistedpools [hashtag](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#underwriting-position-apy) Underwriting Position APY ----------------------------------------------------------------------------------------------------------------------------------------- APYx\=Rx⋅DEINpriceTxAPY\_x = \\frac{R\_x\\cdot DEIN\_{price}}{T\_x} APYx​\=Tx​Rx​⋅DEINprice​​ Where:Rx  −  yearly  rewards  for  the  position  xTx  −  staked  funds  in  the  position  xDEINprice  −  price  of  DEIN\\\\\\textbf{Where:} \\\\R\_x \\; - \\; yearly \\;rewards \\; for \\; the \\; position \\; x\\\\T\_x \\; - \\; staked \\; funds \\; in \\; the \\; position \\; x\\\\DEIN\_{price} \\; - \\; price \\; of \\; DEINWhere:Rx​−yearlyrewardsforthepositionxTx​−stakedfundsinthepositionxDEINprice​−priceofDEIN [hashtag](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#max-general-apy) Underwriting Max (General) APY ------------------------------------------------------------------------------------------------------------------------------------ This is the APY used on general Policy Book views. It's an estimation of the biggest possible return, it assumes the minimal investment and longest staking duration. APYmax\=Rx⋅DEINpriceTx\\\\APY\_{max} = \\frac{R\_x \\cdot DEIN\_{price}}{T\_x} APYmax​\=Tx​Rx​⋅DEINprice​​ Where:Rx  is  calculated  for  Cx\=500Tx\=100DEINprice−  price  of  DEIN \\\\\\textbf{Where:}\\\\R\_x \\; is \\; calculated \\; for \\; C\_x = 500 \\\\T\_x = 100 \\\\DEIN\_{price} - \\; price \\; of \\; DEIN Where:Rx​iscalculatedforCx​\=500Tx​\=100DEINprice​−priceofDEIN [PreviousReward Poolchevron-left](https://docs.dein.fi/dein-system/reward-pool) [NextAllowancechevron-right](https://docs.dein.fi/dein-system/allowance) Last updated 2 years ago * [General (Commonly used formulas)](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#general-commonly-used-formulas) * [Underwriting Position APY](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#underwriting-position-apy) * [Underwriting Max (General) APY](https://docs.dein.fi/dein-system/reward-pool/precise-apy-calculations#max-general-apy) ---