Quote from: sheloa on April 27, 2018, 06:34:09 AM

Quote from: birds_ain on April 26, 2018, 03:23:31 PM

Quote from: bpcguy on April 25, 2018, 11:45:13 AM

Hello everyone,I just started to study information about the project. I would like to know more information about the insurance structure. How will this be realized?

Hi @bpcguy and welcome to our project! Have you joined our Telegram and Discord already? Back to your question: When issuing a loan, insurance coverage works the following way:
1. A part of the credit body concerning no return is secured with KYC Masternodes stake (don't mess with PoS masternode, these are different masternodes)
2. Another part of the loan body in case of no return is guaranteed with Auditor Masternodes stake
3. The total amount of the support entirely depends on the level of the risk of the application. The higher the risk, the more security deposit to be required by the network.

Could you explain the difference between a KYC Masternodes stake and a PoS masternode?

Sure, KYC Masternode is verifying the borrower's docs and guarantee that it's done well, and after get their commission for that. PoS Masternode gets their comission from keeping money in their wallet.