kaal:claim:3396542-026

The burden of maintaining sufficient liquidity to meet claims does not rest on the DAO but on the individual underwriters that make it up.

Source quote, verbatim

We note that the burden of maintaining sufficient liquidity in order to meet claims is not on the DAO, but rather on the individual underwriters that make up the DAO.

From

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Decentralized Underwriting (2019), VI. Conclusion, p. 24
https://ssrn.com/abstract=3396542 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Decentralized Underwriting (2019). SSRN: https://ssrn.com/abstract=3396542

Classification

mechanismsupport: argueddefirisk-and-incentivesdao

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