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Announcement of Nami Insurance system maintenance

By Vinh Tien 17/02/2023
Announcement of Nami Insurance system maintenance

Update on Feb 18,2023

Nami Insurance completed the system maintenance at 07:00 AM on February 18, 2023 (UTC).

Some remarkable updates:

  • Add "Invalid" status: when the user confirms on the On-chain wallet (Metamask...) with a P-Open price that is more than 0.3% different than at the time of confirmation, the system automatically transfers the contract. just created to "Invalid" status, user's deposit is refunded (*)
  • Update new interface for commission policy
  • Implement the program of Accumulating Journey for partners
  • Insurance algorithm upgrade


System maintenance and update will be completed at 07:00 AM on February 18, 2023 (UTC). Nami will notify users as soon as the maintenance is over

Dear Nami Community,

In order to update the new Commission interface, Nami Insurance will carry out a whole system maintenance from 07:00 AM on February 16, 2023 (UTC). Maintenance is expected to last 24 hours.

Specifically, during the maintenance period, Nami Insurance will suspend the function of buying new insurance contracts.

Note: The valid contracts still operate normally and will be claimed/refunded when the conditions are met.

Best Regards,

Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice

Risk Warning:

Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.

Nami Insurance - Change Risk to Payback

Nami Insurance is a decentralized hedging protocol that applies Blockchain technology to provide a reliable and transparent decentralized insurance service, minimizing the risk of user's loss of property value when the market has strong price fluctuations.

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