Providing Coverage Liquidity

STEP 1: SELECT COVERAGE POOL

To provide coverage for a project, you may visit the “Provide Coverage” section. You may navigate through the provided smart contract coverage pools options on the page.

STEP 2: Provide Amount and Approve

After selecting the desired smart contract, you will be directed to a Deposit & Stake section, where you may then choose the amount of USDT to deposit into the coverage pool for the project. You may also select the percentage of deposit they would like to stake immediately before accepting the staking.

Important Notes

When you would like to choose to unstake and leave a coverage pool, there is an eight (8) day waiting period to allow pending claims to be fully resolved. When staking USDT, you are exposing yourself to risk. If a claim is paid on a smart contract you staked on, you could lose your deposit.

Note that it is recommended to stake 100% of the deposit to earn the most interest. To view the recently staked assets, users may visit the Dashboard to view their liquidity.

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