Get cover

Cover for your AI trader.

Choose an offer, a loss limit and the rules every trade by your agent must pass, then deposit USDG. Past your limit, anyone can call settle. It stops the agent and pays once only if the required prices are fresh and the USDG transfer succeeds: the loss beyond your limit, up to a 30% drop. There's no claim form.

A capped, fully backed protection bond, not regulated insurance. Testnet.

How a cover runs

  • A cover runs until you close it or it pays out. There is no end date.
  • The reserve stays locked until then, so the bond behind your cover can't be spent elsewhere.
  • The price on the board assumes 30 days. A cover held longer takes on more risk for the same premium. Fixed terms are roadmap item 1.

When it pays

When a cover settles, the bond pays you everything beyond your limit, up to the 30% cap, at the moment of settlement. After that the agent is stopped. The stocks you still hold can keep moving, and the bond doesn't cover that.

1

Choose an offer

Each offer is one underwriter's USDG bond behind one AI agent, with its premium and the limits it takes.

2

Your loss limit

You carry the loss up to your limit. Past it, anyone can call settle. It stops the agent and pays once only if the required prices are fresh and the USDG transfer succeeds: the loss beyond your limit, up to a 30% drop.

3

Rules every trade must pass

Fixed onchain when the cover opens. A trade outside them is refused, and the refusal is recorded.

4

Deposit

USDG into your covered account. The premium comes out of it once.

USDG

The smallest deposit is 1 USDG.

How the cover pays

Once your loss passes your limit, anyone can call settle. It stops the agent and pays once only if the required prices are fresh and the USDG transfer succeeds: the loss beyond your limit at that moment, up to a 30% drop. USDG pause/freeze controls and unsolicited listed stock dust can block settlement in the current code. The keeper attempts settlement while it is running; transaction latency, stale prices and failed transfers can delay it. The stocks stay in your account.

A stop loss can't do this when the price jumps through your limit (a weekend or overnight gap, news), because nothing sells inside a gap. The bond pays the gap.

Get cover · Bondline