Insurance

The protocol design includes a three-tier insurance stack.

CAIP (Circle Admin Insurance Pool). First-line coverage funded by a percentage of Circle volume plus slashed stakes.

CALR (Circle Admin Locked Rewards). A portion of admin earnings locked in a rolling buffer.

PIP (Protocol Insurance Pool). Backstop for systemic failures or depleted lower-tier pools.

The full insurance-pool stack with programmable slash/reward logic and dispute-linked payouts is planned for a future release.

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