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Kipwi Pool ModelActuarial & financial logic of a risk pool
Kipwi · pool model logic

125 insured, one year, two possible payouts — and a reserve that grows by a fixed amount each time a pool completes.

A pool's capital can be any amount up to 600,000 USDT — but given the fixed percentages and 125 insured per group, the value each Kip gains per completed pool doesn't depend on pool size.

Model invariant
+125 USDT
per Kip, each completed pool — at any capital scale
Expected deaths per pool
0.88
125 insured × 7‰
Prob. of early closure
2.9%
probability of reaching 2 deaths before year-end
01 — Pool composition

From premium to every dollar's destination

Each insured pays 1% of the capital raised by investors. Adjust the pool capital and mortality rate to see how the rest of the model moves.

Investor capital600,000 USDT
Mortality rate7‰
Premium per insured
6,000
USDT · 1% of capital
Total pool premiums — 750,000 USDT
Sum insured per death
300,000
claims reserve ÷ 2 payouts
Claims reserve vs. capital
1 : 1
the reserve collected always matches invested capital
02 — Actuarial risk

When does the pool close early?

The master contract ends when one year passes or when 2 deaths occur, whichever comes first. The Poisson distribution, with λ = 125 × mortality rate, shows how likely each scenario is.

03 — Pool rotation

Kip's NAV grows a fixed amount per cycle

When a pool closes, the investor decides to withdraw their capital or reinvest in the next one. The Kip reserve is cumulative across the whole system, so every completed pool adds exactly 125 USDT of NAV per Kip — regardless of the pool size chosen above.

Projected NAV after chosen cycle
Completed pool cycles6 cycles
04 — Kip issuance

Two ways an investor earns Kip

Kip isn't bought — it's issued directly for two actions: investing capital in a pool, and selling policies to new insured as a referrer. Adjust the referred premium to see how much extra Kip that earns.

Kip from investing (this pool's capital)
600.00
Kip · capital ÷ 1,000 USDT
Referred premium sold5,000 USDT
Kip from selling (referral)
10.00
Kip · referred premium ÷ 500 USDT
Issuance rules
  • Investing: 1 Kip for every 1,000 USDT of capital placed in a pool.
  • Selling: 1 Kip for every 500 USDT of premium sold to insured the investor referred.
Both are direct issuance rules, not a shared commission pool — they reward the two actions that actually grow the protocol: capital in, and insured in.
Business-logic simulation — not connected to a real blockchain