Got Guaranteed Docs
  • GOTG Whitepaper
  • Table of Contents
  • Getting Started
    • 1. Introduction
    • 2. Market Problem and Gaps
    • 3. GOTG Solution Overview
  • Technology
    • 4. Insurance Model and Operational Mechanism
    • 5. Value Restoration via Conversion and Swaps
    • 6. Project Acquisition and Restitution Strategy
  • Legal & Governance
    • 7. Legal, Compliance, and Security Framework
    • 8. Token Utility and Governance Structure
  • Plans and Conclusion
    • 9. Roadmap and Future Development
    • 10. Conclusion
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  1. Technology

4. Insurance Model and Operational Mechanism

  • Premium Pool Structure: GOTG maintains a dedicated insurance fund composed of contributions from participants. The pool is governed by smart contracts, which manage premium inflows, claims disbursements, and reserve thresholds. The structure is designed to sustain high liquidity and ensure the prompt settlement of claims.

  • Risk Assessment Procedures: A robust actuarial framework evaluates each project's risk profile using both on-chain analytics and off-chain financial metrics. This ensures fair premium pricing and allows the insurance model to adapt dynamically to market conditions.

  • Claims Processing Framework: The platform automates claim validation using blockchain-based oracles and multi-signature protocols. Claims are processed quickly and transparently, with automatic payouts from the premium pool.

  • Recovery Agreements and Legal Rights: GOTG secures agreements with project owners that enable it to recoup value from distressed projects through profit-sharing models or asset liquidations.

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Last updated 24 days ago