General Questions

FAQ

What's the premium model? Constant WIP. (A * C * L * R) / P.

That is (A)sset value, (C)overage percentage, (L)oss Probability, Target Claims (R)eserve), Insurance (P)eriod.

What's the risk model? Also WIP, but it's a mix of asset type, activity, volatility, and hygiene. Calculated using proven models and built in-house at CLAIM.

Q: What is CLAIM?

A: We're an AI crypto insurance company that insures web3 assets against theft and loss caused by attacks, scams, and exploits.

Q: What does CLAIM do?

A:

• Protects assets against hacks, scams, and theft

• Uses AI to assess risk and set fair rates

• Processes claims and payouts automatically through smart contracts

• Involves the community in governance and claim validation through its DAO

Q: What are the benefits of holding $CLAIM tokens?

A:

• Participate in DAO governance and voting

• Stake tokens to earn rewards

• Get discounts on insurance premiums

• Contribute to claim validation process

Q: How does CLAIM ensure the security of funds?

A:

• Smart contracts are audited by third-party security firms

• Multi-signature wallets secure treasury funds

• Regular security assessments and updates

• Decentralized structure minimizes single points of failure