New version Nami Insurance - PoC.V2

Introduction

After more than 10 days of launching PoC.V1, the Nami Insurance team has received comments from partners as well as users. With the mission of creating a quality, reputable and transparent product, the team has strived to upgrade, perfect and optimize the product with the PoC.V2 update released at 15:00 on December 14, 2022 (UTC).

About PoC.V2

Increase the number of listings

In order to increase risk insurance opportunities for users, Nami Insurance decided to expand the list of insured digital assets by 30 coins/token, bringing the total number of assets being insured at Nami Insurance to 60. .

List of Tokens/Coins added:

Adding the feature of stopping the insurance contract before the period

In order to provide more options for users to decide on the status of valid policies, Nami Insurance introduces the feature of Stopping Insurance Contract Before Period. Accordingly, users can stop their insurance contract before the expiration date (T-Expire) and get 100% margin refund.

Users can check the activation conditions at the interfaces:

• Buy Cover Interface

• Available Contract interface

Upgrading the maximum period

Towards a smart product, each asset on the insured list will have a different maximum contract period, which users can check at : https://namiinsurance.io/buy-covered:

Editing the commission process

Finished editing the available Commission Withdrawal flow

Fixing the status system transitions

With PoC.V2, the status of each contract is updated quickly and accurately. For Q-Claim and Q-Refund-received contracts, users can check in explorer by clicking on the "status" field to view the details of the contract history

Display data

Towards the goal of increasing trust, credibility and transparency, the team updates the statistical data interface showing the total and actual data available to the Pools, specifically:

• Total data

• Real data per Pool for valid contracts

Upgrading other features

In addition to the upgrades and additions to the features listed above. The development team also updated other detailed features

Conclusion

Through updates and corrections, the Nami Insurance product development team has made the vision and development path of the product more transparent in the future. Thereby, we can be confident that we are on the right track and that the success of Nami Insurance in the future is gradually being secured with our unremitting efforts.