how_it_works

understanding backed memecoin insurance

[1] launch_coverage

launch new memecoin with coverage via telegram bot. simple commands + wallet confirmation.

[2] creator_backs_coverage

select coverage tier and duration. creator deposits backing into insurance pool to fund potential payouts.

Tier 1

25 SOL

Basic coverage for smaller launches

Tier 2

50 SOL

Standard coverage for growing projects

Tier 3

100 SOL

Premium coverage for major launches

[3] objective_monitoring

continuous on-chain monitoring for objective trigger conditions:

•liquidity_removal: >80% removed in 24h

•mint_abuse: tokens created beyond stated cap

•freeze_authority: holder wallets locked

•suspicious_transfers: large creator dumps

[4] claim_payouts

when triggered, eligible holders claim proportional share of coverage cap. automated processing through interface.

⚠ important_limitations

claims capped at tier max · proportional distribution · not all losses covered · not financial advice

coverage_details

• coverage_caps: T1=25 SOL, T2=50 SOL, T3=100 SOL max payout

• eligibility_window: only wallets holding at trigger time

• proportional_distribution: claims reduced if exceeds cap

• not_covered: market volatility, price changes, trading losses

• duration: 7-30 days active, backing returned if no trigger