04 / Capital · Recovery ledger

Capital with a job
to do.

See what backs the selected run, what took first loss, and what the pool actually paid.

Recorded test-token capital.
No yield forecast.
No invented premiums.
Saved runs & connection +
Connecting…

The pool appears when the run proves it.

Start the live story to see a recorded snapshot. No capital value is assumed before a chain read.

Start a live run ↗

The first-loss ledger.

Demo USDC · mintable
Recorded pool capital
Demo USDC
Junior · first loss
Demo USDC
Senior
Demo USDC
Recorded payouts
Demo USDC

Waiting for a verified pool snapshot.

Who absorbs the loss?

Recorded, not forecast
Recorded tranche capital
TranchePositionDemo USDCShare
JuniorFirst loss
SeniorAfter junior

A payout is shown only when the runner records it. Nothing here represents recurring premiums, yield, or a live insurance offering.

Pool accounting.

MutualPool
Waiting for a run
Coverage is a receipt.
The covered verdict calls the pool and transfers Demo USDC to the policy owner. The transaction is the evidence.

Coverage evidence.

Awaiting evidence

No recovery event yet.

Run the scenario to see the controlled loss, verdict, and payout in order.

Platform accounting lookup.

Not requested

Optional API accounting is separate from this selected run and is never presented as on-chain premium evidence.

Connecting to saved stateWaiting for server