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.