Neptune Mutual
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1.0.0
Welcome
About Neptune Mutual
NPM Token Design
Project & Repositories
Frequently Asked Questions
Neptune Mutual SDK
Quickstart
Usage
Provider Configuration
Create a New Cover
Cover Assurance
Add Liquidity
Cover Provision
Purchase a Policy
Governance
Claims & Payouts
Covers
Background
Introduction
Contract Creators
Cover Fee Redemption
Liquidity Providers
Purchasing Covers
Incident Reporting
Protocol Fees
About PODs
USD Cover Token
Definitions
Cover Products
Policy
Risk Pooling
Claims & Payout
Governance
Risks
Reserves
Extensions & Plugins
Not Applicable
Pool
Pool Introduction
How Does Farm Work?
Pool Smart Contracts
Community
Partner Program
Our Ethos
Code of Conduct
Moderation Panel
Apply to Contribute
Credits
Usage
Recovering Cryptocurrencies
Risk Factors
Brand Assets
License
Source Code
Disclaimer
Terms of Use
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Cover Fee Redemption
How to Apply for Fee Redemption?
As a cover creator, you can not only earn a stable cover fee commission of 1% but you can also apply for full cover fee redemption. Normally, the cover fee redemptions are decided via governance process.
In order to create a proposal in the governance portal, you must stake at least 1000 NPM tokens in the governance contract. However, this requirement is not applicable for cover creators as they automatically become a governance member when they stake NPM tokens when creating a new cover.
Snapshot
Neptune Mutual Governance Portal
Connect your wallet. Now, click on the New proposal link on the left sidebar.
Fill up rest of the form and click "Publish".
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Liquidity Providers
Last modified 2mo ago
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