FAQs

1. What is Pramb?

Pramb is a decentralized insurance protocol that provides protection for your digital assets against various risks in the DeFi market.

2. How does Pramb work?

Pramb operates on a mutual insurance model, where users pool their resources to cover potential losses. This creates a shared risk pool that compensates those who experience covered events.

3. What risks does Pramb cover?

Pramb offers coverage for risks such as smart contract vulnerabilities, custodian risks, stablecoin de-pegging, and other DeFi-related risks.

4. Where can I purchase Pramb insurance?

You can purchase Pramb insurance directly on our platform at Pramb.com.

5. How much does Pramb insurance cost?

The cost of insurance depends on the risk level of the assets you want to protect and the duration of coverage. You can find detailed pricing information on our platform.

6. How do I file a claim?

If you experience a covered event, you can submit a claim on the Pramb platform. Our team will review and process your claim as quickly as possible.

7. Which blockchains does Pramb support?

Pramb supports multiple blockchains, including Aptos, Sui, Near, Starknet, and Solana.

8. How can I become a capital provider for Pramb?

You can become a capital provider by depositing funds into our shared pool. You will earn rewards from insurance premiums and investment returns generated by the pool.

9. Is Pramb secure?

Pramb prioritizes security. We utilize advanced security technologies and conduct regular security audits to ensure the safety of our users' assets.

10. Does Pramb have its own token?

Pramb currently does not have its own token.

11. How can I participate in Pramb governance?

Pramb is governed by its community of users. We encourage active participation in discussions and decision-making processes through our governance forums and channels.

12. What is the difference between Pramb and traditional insurance?

Pramb is a decentralized insurance protocol, meaning it operates on the blockchain without intermediaries. This allows for greater transparency, efficiency, and accessibility compared to traditional insurance models.

13. How can I contact Pramb support?

You can reach our support team through our website or social media channels. We are always here to help!

14. Is there a minimum amount of coverage I need to purchase?

There is no minimum coverage requirement. You can purchase insurance coverage based on your individual needs and risk tolerance.

15. Can I cancel my Pramb insurance policy?

Yes, you can cancel your Pramb insurance policy at any time. Please refer to our terms and conditions for details on cancellation and refund policies.

16. Is the team doxxed?

Yes, the project is developed by the core members of BlueMove, one of the largest NFT marketplaces and DEXs on the Aptos and Sui blockchains. The team has won the Suibuilder Hero Award from the Sui Foundation and is KYC/DOX verified with both the Aptos and Sui foundations.

Additionally, the Pramb team hosts numerous AMAs and holds a weekly fireside chat where you can meet and interact with the team