Our payout rule is a series of rules defining coverage definition and coverage amount that may get triggered by potential bugs and hacks. As we’ve started to launch InsureDAO on multichains, we are proposing to update the current payout rule to the new one.
We amended the current payout rule by adding some exclusions for the payout.
The current payout rule https://insuredao.gitbook.io/insuredao/reportingdao/payout-guidelines-for-smart-contract
The new payout rule we propose https://docs.google.com/document/d/1yC_k_Jl1FBJUySDxmwd1e8ih-i6O8gbZIqR6gy6Td3I/edit?usp=sharing
Voting power 1vlINSURE -> 1 veINSURE 1veINSURE -> 1 veINSURE A quorum of at least 35k veINSURE is required for snapshot voting.