Insurance Cover for Tokenized Commodities
Details
Protects holders of gold-backed or commodity-backed tokens from critical risks related to smart contracts, custody, redemption, liquidity, and regulation ensuring a secure link between the token and the physical asset it represents.
To generate a suggested Portfolio Value, enter the wallet addresses that make up your portfolio. Once you enter the addresses, we use DeBank to calculate your portfolio's value. This is shown as the Suggested value.
Cover protects the total value of assets deposited into the protocols and sub-protocols included in this plan from one or more wallet addresses. You can add one wallet address or multiple addresses in the field above. Cover will only apply to the address or addresses you include in the Covered Wallet Addresses field.
Terms & conditions
This cover protects against a loss of funds due to
Supported Tokens
Risk Levels
Risk levels indicate the potential volatility and risk associated with this insurance product.
Insured Assets
These are the specific assets and vaults covered by this insurance policy.
Cover Chains
Protects assets deposited in the protocols and sub-protocols included in this plan on all EVM-compatible chains. See DefiLlama for a complete list.
This cover has these exclusions, including but not limited to
General Exclusions
Deductible
- 5% of the insured amount
Filing a Claim
- • Coverage must be active at the time of the incident
- • Claims may be filed 14 days after the event
- • Claims must be submitted within 35 days after coverage ends
- • Events are validated through oracle data and DAO vote by Blocksure token holders
Important Notes
- • This is a Discretionary DAO-Governed Cover not a traditional regulated insurance policy
- • All claim decisions are made transparently by the Blocksure DAO, ensuring decentralized and community-driven risk protection
This cover is not a contract of insurance. Cover is provided on a discretionary basis with Blocksure DAO members having the final say on which claims are paid. Read the complete cover wording here.