Cover V2 is Here
Today, we are excited to announce the launch of Cover V2 on Ropsten Testnet. Mainnet launch will be in ~1 week.
CLAIM tokens are coverages, meaning you can redeem them for collateral when an accepted exploit happens on an underlying risk
NOCLAIM tokens represent the right to redeem collateral after the expiration date.
As a Coverage Provider, you make a return by selling CLAIM tokens.
As a Coverage Seeker, your goal is to get covered on the risks you are exposed to somewhere else.