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inSure DeFiinSure DeFiby0x4a30e80E9111CDacE350Fa72D011967ba9514b6B0x4a30…4b6B

inSurance Claim #QmZM1Ch - Follow up

Voting ended over 4 years agoFailed

[SUMMARY] The insurance policy becomes effective on the 7th day of placing SURE tokens in the private wallet. Based on the insurance claim, the policy was bought on April 12th, 2021. I.e. insurance policy becomes effective April 19th 2021.

The transaction provided by the policyholder: https://etherscan.io/tx/0x3e652f9df43fb8171e5c6a9e95a05e0553fed3718321a837e5aa6b13395f6d7c

The price per MTV was $0.01 on April 19th 2021 (Can be checked on CoinMarketCap: https://coinmarketcap.com/currencies/multivac/markets/)

The current price per MTV: $0.00405

Devaluation: 59.5% < 95% requirement

The % calculation can be checked by using this tool: https://percentagecalculator.net/

[RESOLUTION]: MTV tokens owned by the member have not devaluated more than 95% from the time of the insurance policy coverage start date. (Claim did not meet the minimal requirement) A new insurance claim will need to be filed when the token price will lose 95% of the coverage start date.

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Timeline

Jun 26, 2021Proposal created
Jun 26, 2021Proposal vote started
Jun 29, 2021Proposal vote ended
Oct 26, 2023Proposal updated