🔰Purchase Cover

How to manage, buy, and claim your cover

Step 1: Launch Dapp & Connect Wallet

🔗pageLaunch Dapp & Connect Wallet

Step 2: Buy Cover

  • Click Covers in the header.

  • Select the protocols you would like to get covered.

  • You can search and filter protocols in the tab.

  • The following information will be shown to help you understand what you are paying for and how the coverage costs.

  1. Risk Type describes the cover type.

  2. Remaining Capacity describes the cover amount available for purchase.

  3. Premium describes the weekly rate of cover payment versus the cover amount.

  • Enter Cover Amount and Cover Period. After that, the system will calculate the total Cover Payment to be made.

  • Please read and understand the terms and conditions prior to purchasing covers from the InsureDAO.

  • After that, click Purchase Cover when agreeing to the terms and conditions.

Step 3: View Active/Expired Covers

  • You can view your covers by clicking Portfolio > Your Covers to display your active and expired covers.

  • By clicking Details, you move to the page purchasing & claiming the cover.

Step 4: Claim Cover

If a certain protocol, that you purchased a cover, got hacked, you can get paid by clicking Redeem.

If you need any assistance, please do not hesitate to reach out through discord.

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