Lender's Guarantee

In the event of adverse circumstances, items in Flambu can benefit from Lender's Guarantee from the Insurance Pool. The maximum guarantee that the Insurance Pool may give to a lender for an item is initially set to US$10,000 (Insurance Pool Base Amount).

For items that have a higher market value than US$10,000, for 3rd party liability and other cases, additional insurance policies shall be introduced by the Flambu DAO as demand increases in the platform for such items/cases.

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