2️⃣Participate in the DeFi Assurance Protocol and enjoy 2% daily income protection
Last updated
Last updated
1. Go to the Insure page and click Insure or Buy to participate by buying the token. The value of the token is guaranteed to rise by at least 2% daily. If the target is not achieved, 2% of tokens from the insurance will be automatically compensated to you. To learn more about the protocol and its benefits, please refer to the whitepaper here;
2. You may refer to the current price, opening price and claim price (2% target price) here;
3. Decide on the amount of tokens and the number of insurance policies you wish to purchase and click Pay Now (note: regardless of whether the tokens are purchased via the protocol or not, all $META transactions will be subjected to 10% tax; the tax will be allocated to the bounty program for participating members of Metalk DAO. Refer to the whitepaper here to learn more about the tokenomics);
4. After the enrollment is successful, you will be able to view which policies are still Under Coverage and which have Matured respectively. You can access the following information from the My Policy page: i) Initial Policy Value (minus 10% tax); ii) Current Policy Value; iii) Yield Rate; iv) APY; v) Position Days; vi) Estimated Exit Price; vii) Earning Assurance; and viii) Number of Payouts;
5. If the total value of the insurance reaches 150% of the initial policy value, the insurance will be matured. The original purchased amount + the tokens earned from the policy will be automatically issued to your Web3 wallet;
6. If you wish to prematurely terminate your policy before it reaches 150% of the initial policy value, please click Early Withdrawal. However, you will not be entitled to any claims except for the amount of tokens initially insured.