Neptune Mutual Incentive Testnet Interaction Guide

Neptune Mutual is an open crypto asset insurance yield protocol that enables users to purchase insurance policies to protect their digital assets from hacking and exploitation. The protocol uses parametric insurance rather than discretionary insurance. It has a simple and reliable on-chain claims process.

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Neptune Mutual Got You Covered Get guaranteed payouts from our parametric cover model. Resolve incidents faster without the need for claims assessment.

Receive Rewards Invest stablecoin liquidity to receive rewards and protect your favorite blockchain projects.

Get Protection Stay protected against exchange hacks & dApp, DeFi, and smart contract exploits.

Create Covers Build a cover protection community for your protocol, exchange, or DeFi project.

Access all the overlays in your own app the way you like, which is great.
Access all the overlays in your own app the way you like, which is great.
                                           [Get the Neptune Mutual SDK](https://www.npmjs.com/package/@neptunemutual/sdk)

Prepare

1.Add Mumbai test network （It will be automatically added in the third step） 2.Claim Matic Test Coins 3.Claim DAI and NPM Test Coins（Click the Mumbai button）

Let's start

Enter the Neptune Mutual testnet

Click Connect Wallet to confirm the Mumbai network. (automatic prompt added)
Click Connect Wallet to confirm the Mumbai network. (automatic prompt added)
When claiming test coins, confirm the Mumbai network again. Click the request button to get DAI and NPM test coins.
When claiming test coins, confirm the Mumbai network again. Click the request button to get DAI and NPM test coins.
On the home page, it includes all insurance liquidity, bond liquidity, total insurance coverage, and total premiums paid. The number of open insurance pools and the number of insurance pools to be reviewed.
On the home page, it includes all insurance liquidity, bond liquidity, total insurance coverage, and total premiums paid. The number of open insurance pools and the number of insurance pools to be reviewed.
The bottom of the homepage shows all open insurance pools, select one to proceed to the next step.
The bottom of the homepage shows all open insurance pools, select one to proceed to the next step.
Select Bb8 Exchange Pool
Select Bb8 Exchange Pool
choose to purchase insurance for them
choose to purchase insurance for them
Agree to the rules and click Next.
Agree to the rules and click Next.
Select the amount to pay for the insurance (this includes the current insurance pool’s effective insurance liquidity, expected returns, insurance expiration and whether it is attacked) Click APPROVE DAI
Select the amount to pay for the insurance (this includes the current insurance pool’s effective insurance liquidity, expected returns, insurance expiration and whether it is attacked) Click APPROVE DAI
The authorization is successful, click to buy the policy
The authorization is successful, click to buy the policy
Prompt for successful purchase
Prompt for successful purchase
Go back to the homepage and still select Bb8 Exchange Pool to add liquidity to it.
Go back to the homepage and still select Bb8 Exchange Pool to add liquidity to it.
Agree to the rules and click Next.
Agree to the rules and click Next.
Deposit greater than 250 NPM, choose the amount to provide DAI liquidity. Receive pledge certificate POD
Deposit greater than 250 NPM, choose the amount to provide DAI liquidity. Receive pledge certificate POD
Notice next unlock cycle one hour interval
Notice next unlock cycle one hour interval
Approved DAI and NPM successfully，Click PROVIDE LIQUIDITY.
Approved DAI and NPM successfully，Click PROVIDE LIQUIDITY.
Liquidity added successfully
Liquidity added successfully

The two functions of accident reporting and claiming compensation have been updated on the Mumbai testnet, but don't try it yourself, random attempts will result in losing all test scores

We need to join the incident-report channel in the Discord and find that the administrator has announced the incident of asset theft before we can report the incident.

According to the ransomware news released by Brando, we found the attacked fund pool, and it will be faster to click the report button on the homepage. Redeem the pledged NPM assets within the 30-minute reporting period.
According to the ransomware news released by Brando, we found the attacked fund pool, and it will be faster to click the report button on the homepage. Redeem the pledged NPM assets within the 30-minute reporting period.
The reporting period is only 30 minutes if missed. Please purchase insurance from other insurance pools in advance and wait for the next accident. New accidents happen every day. Stay tuned to the Discord channel.
The reporting period is only 30 minutes if missed. Please purchase insurance from other insurance pools in advance and wait for the next accident. New accidents happen every day. Stay tuned to the Discord channel.

Below is an example of an incident report

Find the pool of funds where the accident occurred，Click Report Incident.
Find the pool of funds where the accident occurred，Click Report Incident.
Agree to the rules and click Report Incident
Agree to the rules and click Report Incident
Fill in the title, time, evidence, and process of the event. And to provide a deposit greater than 5000NPM to ensure the authenticity of the report. In the event of a false report, the staked NPM deposit will be lost
Fill in the title, time, evidence, and process of the event. And to provide a deposit greater than 5000NPM to ensure the authenticity of the report. In the event of a false report, the staked NPM deposit will be lost
APPROVE NPM And Submit The Report
APPROVE NPM And Submit The Report
Vote on events. Once an incident is reported, the reporting period begins and NPM token holders vote on whether the incident was true or false. After the reporting period, it will be processed based on the majority vote. We can view the policies in the reporting period in reporting, and click to enter the voting.
Vote on events. Once an incident is reported, the reporting period begins and NPM token holders vote on whether the incident was true or false. After the reporting period, it will be processed based on the majority vote. We can view the policies in the reporting period in reporting, and click to enter the voting.
Choose which opinion we support, enter the number of NPMs you want to support the opinion to stake. Complete the poll.
Choose which opinion we support, enter the number of NPMs you want to support the opinion to stake. Complete the poll.

Last step to claim

If the vote turns out that the event happened to be true, then the person who bought the policy will be able to claim. But there will be a claim period, so a claim must be made before the claim period expires. In Mainnet it will be 7 days but in TestNet only 30 minutes.

So if you see the result "Bug Report" in the policy, it means it's a bad report. If you see "Claim," it means "Event Happened," and you can now file a claim. So, if you see "Claim" in your purchased policy but don't see the "Claim" button, it means your claim period has expired and you can't apply now.

For more news, please pay attention to the Neptune Mutual official Medium:

https://medium.com/neptune-mutual

http://t.me/neptunemutual

https://discord.com/invite/2qMGTtJtnW

https://twitter.com/neptunemutual