entity · derived
Claims coverage
Derived node: assembled mechanically from the claims carrying claims-coverage. A roster, not an adjudicated definition.
Every claim under this term
- 3396542-010 : The number of tokens an underwriter must encumber is set by a preset formula whose objective is to make the value of the encumbered tokens sufficient to meet any claim arising at any point in the poli
- 3396542-011 : If underwriters decline to reclaim their encumbered tokens, that breach is resolved by selling the encumbered tokens, plus additional freshly minted tokens as needed, in an auction open to current DAO
- 3396542-032 : Even where the underwriters of a policy breach the contract, the auction of the encumbered tokens together with the sale of additional tokens as needed ensures the policy holder's claim is fully met.