Zibb Risk

Deposits and investments insurance system. All Zibb Bank deposits and Zibb Invest investments can be insured.

The operations of the bank and investment system are fulfilled in the Zibb Coin (ZIBB) cryptocurrency
After the bitcoin’s fall, many people are afraid to keep their savings in cryptocurrency
We are so confident in the stability of our currency that we are ready to fix the deposit or investment’s amount, expressed in dollars, and compensate for losses if the Zibb rate falls by more than 20%
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What is the insurance for?
To protect the property interests of the investor against the risks of capital investments’ depreciation.
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What risks can be there?
Market risks, which include market changes with dynamics of decreasing the asset’s price.
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How does insurance work?
You insure the Zibb Coin asset itself, regardless of the Zibb system’s financial offer you participate in. It is enough to select the “insurance” option when performing any financial transaction and your asset is insured against the risks of a price fall below 20%. Insurance payment amount: from 1% to 80%.

How is money for insurance formed?

zibb is a system of financial instruments, each one brings profit to the company, part of the profit is allocated to the reserve fund. Thus, taking into account the reserves of the insurance fund itself (insurance’s payment) and a certain percentage of the reserve (part of the company's profit), the zibb system includes the possibility of insurance in order to protect the client's assets against risks.
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Example of work

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You buy zibb coin and open a deposit in zibb invest for a period of 3 months with the interest rate of 15% per month.
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The amount of the deposit was 4000 zibb coin, the price: 0.22 cents, equivalent to 880 USD. At the same time, you use the option to insure the asset for the entire period.
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You consistently receive interest on the deposit in zibb coin until the end of the contract.
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When the core deposit is returned to your wallet, e.g. an insured event occurs in case of the fall of zibb coin asset’s price to USD by 25%. You use the option "occurrence of an insured event" and compensate 5% of your deposit in zibb coin to USD at the current moment.

What do you have in numbers:

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Contribution amounted to 880 USD / 4000 zibb coin / 0.17 cents
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Interest on the deposit - 1800 zibb coin / average 366 USD
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Insured event, price fall by 25% / deposit of 680 USD
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Compensation for an insured event is 5% - 259 zibb coin / 44 USD
Return to balance: 6059 zibb coin /1090 USD
This is an example of the most risky situation, where an insured event was applied and your assets not only remained intact, but also brought the minimum profit: 210 USD.
In the ordinary situation, when the asset is in the price range’s trend and your profit for the contract period can be more than 60%, taking into account the dynamics of demand and growth of the zibb coin’s price.
Zibb insurance enables to avoid the capital loss in the event of risky market dynamics and a fall in the asset’s price and getting profit even in a difficult situation - insurance guarantees stability and reliability while working with a crypto asset.