FAQ - Liquidity Providers

This section provides answers to frequently asked questions from Liquidity Providers.

How will Ensuro manage crypto volatility?

Ensuro is not affected by crypto volatility because it operates entirely using stablecoins. We use cryptography and blockchain as technologies, but we don't use volatile cryptocurrencies such as BTC or ETH.

Where are my deposited funds stored?

Your funds are managed within Ensuro's smart contracts. These contracts are:

1. Public and open source

2. Audited by third-party experts (Quantstamp)

Transparent - your funds are visible at any time via the Ensuro interface or Polygon scan.

What are the KYC requirements?

To complete KYC, please prepare:

1. A clear photo of yourself:

• Ensure your entire face is visible

• Do not wear masks or sunglasses

1. Your ID document or a photo of it:

• Typically, passports are accepted for all countries

• Some countries may require specific ID types

• Ensure the photo is clear and all information is legible

Note: We cannot accept individuals with passports from sanctioned countries. For details, please refer to our Terms of Service.

I have locked my cryptocurrency in an Ensuro pool. Now what?

Congratulations! You're now providing capacity for insurance or protection products, joining the Web3 revolution. Your investment will accumulate interest automatically - no further action is required on your end.

For each policy sold by our risk partners:

1. An incremental amount of capital (the Solvency Capital Requirement or SCR) is locked.

2. The SCR earns interest at a rate set for each pool.

3. Depending on the product, you may earn additional interest from Asset Manager returns.

Is Ensuro rated?

Ensuro Re Limited, a Bermuda-domiciled and licensed reinsurance company, currently holds no ratings from major agencies.

Is Ensuro restricted only to stablecoins?

The Ensuro protocol currently accepts only USDC. However, our architecture is designed to support and operate with other cryptocurrencies in the future.

How much can I earn by providing liquidity to Ensuro?

LPs returns are influenced by product performance and pool utilization rates. To date, the protocol has generated an approximate APY of 12% to 44% for investors.

How much do I have to wait to withdraw my money?

Unutilized capital can be withdrawn immediately. However, if the utilization rate approaches 100%, withdrawals may be delayed until sufficient policies expire, reducing the rate to an acceptable level. Product durations vary, so please review each product description carefully before investing.

There's a minimum amount I have to invest?

No, there is no minimum amount required to participate in the Ensuro Liquidity pools.

Is there a minimum period of time during which I have to deposit my money in order to obtain returns?

There is no minimum deposit period required to earn returns. Yield accrues continuously from the moment of deposit.

Can I invest with volatile cryptos such as ETH or MATIC or just USDC?

Currently, the pool only accepts USDC on the Polygon network. This may change in the future as we consider onboarding different risk types that might require coverage in their native tokens.