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Coverage Lag, Exclusion, and Blacklist #68

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merged 2 commits into from May 24, 2022
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Lag:

Coverage lag is a specified time period that can be set globally or on a per-cover basis to delay the start of coverage. The coverage of a policy begins at the EOD timestamp of the policy purchase date plus the coverage lag.

This allows us to defend against time-based opportunistic attacks, which occur when an attacker purchases coverage after an incident has occurred but before the incident has been reported.

Blacklist:

Blacklisted accounts are unable to claim their cxTokens. Cover managers can use the blacklist feature to prohibit an account from claiming their cover. This usually happens when we suspect a policyholder of being the attacker. After performing KYC, we may be able to lift the blacklist.

## Lag:

Coverage lag is a specified time period that can be set globally or on a per-cover basis to delay the start of coverage. The coverage of a policy begins at the EOD timestamp of the policy purchase date plus the coverage lag.

This allows us to defend against time-based opportunistic attacks, which occur when an attacker purchases coverage after an incident has occurred but before the incident has been reported.

## Blacklist:

Blacklisted accounts are unable to claim their cxTokens. Cover managers can use the blacklist feature to prohibit an account from claiming their cover. This usually happens when we suspect a policyholder of being the attacker. After performing KYC, we may be able to lift the blacklist.
@binpmxstn binpmxstn merged commit bcdfd41 into develop May 24, 2022
@binpmxstn binpmxstn deleted the feature/exclusion branch May 24, 2022 15:34
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2 participants