At Liminal we are committed to build the most secured self-custody platform for everyone. We are elated to share that we are now smart contract covered with Nexus Mutual!
What is covered?
The $10 million policy secures risk and potential bugs in smart contract code. Below are the products covered under the Insurance:
Covered:
contract bugs
economic attacks, including oracle failures
governance attacks
Supported chains:
Ethereum, Polygon, Binance Smart Chain, Arbitrum, xDAI, Avalanche, Optimism
Claiming:
You must provide proof of the incurred loss at claim time.
You should wait 72 hours after the event, so assessors have all details to make a decision.
You can claim up to 35 days after the cover period expires, given your cover was active when the incident happened.
This cover is not a contract of insurance. Cover is provided on a discretionary basis with Nexus Mutual members having the final say on which claims are paid. Check out full details here.
Source: nexusmutual.io
Cheers,
Team Liminal