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Welcome About Neptune Mutual Capital Pooling Risks NPM Token Vote Escrow NPM Token Gauge Controller Registry Liquidity Gauge Pools Neptune Mutual NFTs Project & Repositories Neptune Mutual FAQ AMA Recap 2022
Neptune Mutual SDK
Quickstart Usage Provider Configuration Create a New Cover Cover Reassurance Add Liquidity Purchase a Policy Governance Claims & Payouts
Parametric Covers
Background Introduction Cover Types Contract Creators Cover Fee Redemption Liquidity Providers Purchasing Covers Incident Reporting Protocol Fees About PODs USD Cover Token
Definitions
Cover Products Policy
NPM Pools
Bond Pool Staking Pools POD Staking Pools
Community
Partner Program Code of Conduct Moderation Panel
Usage
Disclaimer Recovering Cryptocurrencies Risk Factors Standard Terms and Conditions STC Versions Brand Assets License Unsupported Region
  1. Docs
  2. Parametric Covers
  3. Contract Creators

Contract Creators

The cover creation feature is only available by invitation. We will gradually increase access to cover creation.

Anyone who has been whitelisted and has NPM tokens can create a cover contract. A creator must burn 1000 NPM tokens to avoid spam, doubtful, and perplexing cover contracts. In addition, the contract creator must stake 4000 NPM tokens or more. If there are multiple cover contracts with the same name or similar terms, the higher the sake, the more visible the contract becomes.

Always refer to the Protocol Fee document for the latest information since the fees are configurable and can change.