How Kohin Works⚙️

Kohin’s workflow is simple, elegant, and easy to follow:

• Select Bet to Insure 📝: Users choose a bet they want to insure.
• Premium Calculation 💸: Premium is calculated based on the risk profile of the bet, including factors like bet type, odds, and market conditions.
• Buy Insurance : Users pay the calculated premium to purchase insurance coverage.
• Claim Settlement ✅: If the bet loses, the Insurance Settlement Engine processes the claim automatically, ensuring quick and smooth payouts.

Liquidity providers can add funds to the insurance pool to support users, and in return, they earn fees from the premiums collected, benefiting from the pool’s profitability.