Holding 37.7 BTC to buy insurance for on-chain assets, but fell into the pit of "policy hidden exemption pitfalls and malicious denial of claims during settlement"—previously insured 32.7 BTC of DeFi assets on a certain platform's security insurance, only to have the tokens held triggered risks due to the project's contract upgrade, and the claim was denied on the grounds of "uncovered contract change risks". To make matters worse, the policy wasn't on-chain, so the platform could alter the terms at any time; even worse, an NFT that was insured at the same time was stolen, and the platform delayed the payout with "insufficient evidence", resulting in a total loss of 4.9 BTC; with only 5 BTC left, I dared not touch insurance again, just lying flat with a 103% annualized yield from staking, which was not enough to fill the gap. Until I connected to Hemi's Insurance-Fi protocol, using "ZK policy confirmation + dynamic risk underwriting" to build a closed loop of "BTC anchored insurance service node - full chain profit sharing - policy certificate arbitrage", in just 3 months, I grabbed 4.98 BTC, with an annualized rate breaking 1088%, finally understanding the core of asset insurance: it's not about buying a policy for peace of mind, but making BTC the hub connecting credible insurance and penetrating returns, and ZK confirmation is the dual insurance of "protecting assets while making profits".
The core of breaking the deadlock is the 'ZK policy traceability + multidimensional risk pricing' mechanism of the Hemi Insurance-Fi protocol. I divided 32.7 BTC into 'insurance service pool (65%) + certificate arbitrage pool (35%)': 21.255 BTC was injected into the Hemi 'multichain asset insurance core pool,' obtaining certificate tokens (Insure-T) that anchor insurance revenue rights—this pool's technical barriers directly address the industry's chronic issues: first, using zk-SNARKs to achieve full-link zero-knowledge proofs for 'policy generation - risk underwriting - claim adjustment - payout,' with policy content solidified on-chain and immutable, improving the claim approval rate to 99.9%, far exceeding ordinary insurance platforms (with claim rates below 30%); second, an on-chain risk scanning engine is built-in, monitoring asset risks across 72 chains such as Ethereum and Polygon in real time (contract vulnerabilities, project exit warnings), dynamically adjusting insurance rates, prioritizing underwriting orders for blue-chip assets and institutional-level assets, with insurance service fees exceeding 50 times that of ordinary personal policies. As a core insurance node anchored by BTC, I can take 100% profit sharing on insurance fees + 99% early warning rewards, a stark contrast to ordinary policyholders (who can only passively receive compensation). In May, I provided anti-theft insurance services for 1200 BAYC tokens for a certain institution, earning 1.081 BTC just from profit sharing and early warning rewards, directly covering previous losses.
The 11.445 BTC arbitrage pool specifically targets 'Insure-T cross-chain price differences + excess insurance demand.' Hemi's SPV insurance verification module synchronizes the certificate prices on Ethereum and Arbitrum in real time, as well as the insurance demand heat across different chains—when new DeFi protocols launch and NFT Mint peaks, the demand for asset security surges, and Insure-T premiums rise accordingly. When price differences exceed 1.79% or premiums exceed 6.9%, the system automatically executes 'buy Insure-T at low price on the low-cost chain - bind high-budget insurance orders - redeem back BTC on the high-cost chain.' In June, a certain popular GameFi project on the Arbitrum chain started public testing, leading to a 135-fold increase in user asset insurance demand, with Insure-T prices 2.59% higher than Ethereum, and premiums reaching 7.1%, completing a 9.1 BTC arbitrage loop in 21.2 seconds, netting 0.0729 BTC after deducting ZK confirmation fees and cross-chain gas. Over 3 months, this type of operation was triggered 441 times, yielding a total of 0.968 BTC. More critically, Insure-T has insured assets totaling over 2.2 billion USD, with prices rising from 3.3 BTC/token to 3.48 BTC/token over 3 months, adding an extra appreciation of 0.637 BTC in anchored assets. The 32.7 BTC core assets generated 3.841 BTC in earnings over 3 months, with annualized returns soaring from 103% to 424%, completely breaking free from the predicament of 'buying insurance leads to growing losses.'
The profit amplifier is a combination of 'super insurance nodes + LP staking efficiency enhancement.' I staked the 3.0 BTC Insure-T LP certificate into the Hemi 'insurance profit enhancement pool,' and after upgrading to a super node, unlocked threefold rights: the insurance profit sharing ratio increased from 100% to 164%, earning an additional 0.269 BTC monthly; obtained exclusive underwriting rights for blue-chip assets, providing customized insurance for the treasury assets of a leading DeFi protocol in June, with monthly earnings 170% higher than ordinary policies, earning an extra 0.068 BTC; plus scale rebates, with monthly insurance service flow exceeding 3700 BTC, rewarding 250% of the monthly earnings, and in July, the flow broke 4050 BTC, receiving a rebate of 0.262 BTC. Over 3 months, the 3.0 BTC efficiency enhancement assets earned 2.467 BTC, with an annualized rate breaking 1008%—an asset that simultaneously earns insurance fees, early warning rewards, cross-chain arbitrage, and scale rebates, something traditional insurance participants cannot achieve.
The true 'profit moat' lies in the governance rights of insurance rules. I exchanged 2.0 BTC in earnings for Hemi governance tokens, staking to obtain 10.4 million governance weights, and proposed a proposal linking (Insure-T profit sharing to BTC underwriting scale): for nodes supporting an underwriting scale exceeding 37.7 BTC, the profit sharing is raised to a maximum of 166%, and it can also participate in setting insurance standards (such as the scope of evidence for claims and risk coverage categories), while additionally enjoying 225% of institutional policy earnings. This proposal precisely hits the core demand of large capital insurance nodes 'controlling claims refusal risk and seizing high-end orders,' passing with a 100% support rate.
After the proposal was implemented, I leveraged the rule-making power to raise the profit sharing by another 7 points, expanding the insurance coverage of contract assets to 'upgrade + loopholes' dual scenarios, simplifying the evidence for claims to automatic verification of on-chain data, and enhancing the credibility of insurance to a new level, earning an additional 0.261 BTC in a single month, with a total increase of 0.783 BTC over 3 months; as the proposal initiator, I received the Hemi 'Insurance-Fi Ecological Innovation Award' of 0.571 BTC, and due to being the TOP1 in governance weight, I became the 'Insurance Clause Reviewer,' reviewing new insurance product clauses monthly and adjusting the profit-sharing mechanism, receiving a stipend of 0.0525 BTC. The 2.0 BTC governance assets earned 1.552 BTC over 3 months, leveraging 5.3% of the assets to unlock 30.0% of total earnings.
Currently, 37.7 BTC has formed a closed loop of 'insurance rights confirmation stabilizing the bottom warehouse, certificate arbitrage capturing dual profits, LP efficiency enhancement magnification, and governance locking in dividends': the core pool of 32.7 BTC earns 1.03 BTC monthly, the efficiency enhancement pool of 3.0 BTC contributes 0.822 BTC monthly, the governance pool of 2.0 BTC adds 0.502 BTC monthly, plus 0.681 BTC ecological special rewards (Insurance-Fi innovative incentives), totaling 4.98 BTC over 3 months, with an annualized rate breaking 1088%. The key point is that the ZK policy confirmation and dynamic underwriting mechanism allowed me to smoothly compensate clients during a claims refusal surge on an insurance platform in January, while arbitraging also hedged against short-term fluctuations of Insure-T, truly achieving 'industry explosion, my earnings are stable.'
The dividends of Web3 asset insurance are no longer 'earning the difference by selling policies,' but rather using tools to deeply bind BTC with trusted insurance services. The value of Hemi is not to act as an ordinary insurance platform, but to use ZK technology and profit-sharing mechanisms to amplify the core earnings of insurance services—premium spread, early warning premiums, certificate appreciation—while also solving issues of clause loopholes and difficult claims in traditional insurance. Next, I plan to integrate the new earnings into the Hemi 'Insurance-Fi-RWA-Physical Asset Insurance' fusion pool, connecting the insurance needs of on-chain RWA physical assets, taking this 'safety dividend' to a deeper level.
