Protocol Fees

Admin Fee

Currently there is an admin fee which takes a certain percent of premium. The admin fee is pooled and will be distributed in following three ways:

ReportingDAO

Part of admin fee are used to incentivize ReportingDAO which builds the base of InsureDAO as flexible insurance module.

pageReporting Fee

INSURE holder

Part of admin fee is used to incentivize INSURE holder via buy back and burn.

Foundation fee

Part of admin fee goes to InsureDAO foundation

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