$20k insurance on every transaction
This insurance covers you for losses across all transactions, up to $20,000.
In summary, we'll cover you if
You lost assets to a scam in a confirmed transaction
You were using Pocket Universe and saw the pop up for the transaction where the loss occurred
You had the $20K insurance coverage switched on
You didn't see a warning (the Pocket Universe popup showed that you were not going to lose those assets)
See the detailed FAQ on how to make a claim and what qualifies here.
Covered transactions will be clearly shown in the popup like this:
Fees on Uniswap transactions
To cover the costs of insurance, we are charging a 0.8% flat fee on a subset of swap transactions. This is only applied if your $20,000 insurance is active.
This fee covers the cost of insurance for every transaction, across all other websites. It also helps us continue to develop Pocket Universe.
You are free to toggle the insurance + fees off/on in extension settings (click the icon in your extension tray).
Awareness and visibility for when fees are active
When the fees are turned on, every Pocket Universe user will see a banner which says — "$20,000 of insurance + fees are live, you can toggle it off in the settings. Learn more ↗ ".
Transactions with fees applied will also have the fee % displayed in the popup above the estimated gas price.
Tracking numbers
There are currently two numbers being tracked in your extension.
Swap Volume Insured is your volume on Uniswap that's been covered so far.
Covered Txns is the total number of transactions that have been covered across all websites.
Reminder — you're not charged a fee on all covered transactions, only a subset of Uniswap transactions.
We're planning to use these for future rewards, TBA.