Evidence Checklist

Smart Contract Vulnerability Cover

Proof of Loss and Ownership for Smart Contract Vulnerability Cover shall include, but is not limited to:
  • a transaction of one (1) USD stablecoin from the Claimant’s Covered Address to Cover Purchase Address and back to the Covered Address within 7 days after Claim submission;
  • a snapshot of the impacted Covered Address’ balances at block times directly before, during and after any losses have been applied;
  • a report from a Professional Security Firm describing the Claimable Risk Event;
  • references to any relevant on-chain transactions; and/or
  • any other evidence as deemed necessary by the Protocol.

Stablecoin De-Peg Risk Cover

Proof of Loss and Ownership for Stablecoin De-Peg Risk Cover shall include, but is not limited to:
  • a transaction of one (1) USD stablecoin from the Claimant’s Covered Address to Cover Purchase Address and back to the Covered Address within 7 days after Claim submission;
  • a snapshot of the impacted Covered Address’ Stablecoin Balance at block times directly before, during and after any losses have been applied;
  • a snapshot of the impacted Covered Address’ Stablecoin Balance 10 days before the Claimable Risk Event is triggered;
  • a report from a Professional Security Firm or the Stablecoin issuer(s) describing the Claimable Risk Event;
  • references to any relevant on-chain transactions; and/or
  • any other evidence as deemed necessary by the Protocol.

Custodian Risk Cover

Proof of Loss and Ownership for Custodian Risk Cover shall include, but is not limited to:
  • the snapshot of the balance held in the covered Custodian before and after any losses have been applied;
  • description of the attack which resulted in the loss from the covered Custodian or a Professional Security Firm;
  • supporting materials to determine the price of lost assets; and/or
  • other evidence as deemed necessary.
All claims are assessed on a discretionary basis. The Advisory Board and Claim Assessors have full and final discretion on whether or not a Claim is approved for a successful payout.
Copy link
On this page
Smart Contract Vulnerability Cover
Stablecoin De-Peg Risk Cover
Custodian Risk Cover