💢How to buy Nami Insurance?

Website

Step 1: Visit https://namiinsurance.io/buy-covered and proceed to Connect Wallet

Then select the asset to be insured and the corresponding expectation (Bull or Bear).

Step 2: At this time, Nami Insurance system will suggest to users a term insurance contract and the best payment level with specific parameters such as: Q-Cover, P-Claim, Period, Margin.

Step 3: Select "Confirm"

Step 3: Select “Sign” on Metamask:

Note:

• When the user decrease the margin ratio, the payout ratio (R-Claim) will increase but the P-Expire is lower

• When increasing the insurance period, the user will reduce the risk of liquidation due to the policy expiration, but vice versa, the payout ratio (R-Claim) will be lower.

• To keep the same rate and margin value, users can adjust the Q-Cover higher

• Percentage on the chart showing the distance at a specific price (P-Claim, P-Refund, P-Expire) to the market price

• The % value at P-Expire on the chart represents the distance from P-Expire to P-Market