What Is Websea Futures Insurance α Pool?

The Websea Futures Insurance α Pool is a professional risk protection pool designed for conservative futures traders seeking stable and predictable coverage. As the foundational pool within the Websea Futures Insurance framework, the α Pool operates through a structured mechanism of premium payment → insurance node generation → phased airdrop, providing long-term and systematic risk mitigation for futures trading activities. The α Pool places emphasis on depth of risk coverage and system stability, making it suitable for traders with lower trading frequency who prioritize structured coverage and certainty.

 

Understanding Futures Insurance α Pool

1.Small-Capital Activation

Users transfer a minimum of 10 USDT into the futures insurance account and activate the futures insurance α Pool.

2.Loss-Generated Nodes

Each time the cumulative loss of non-principal-protected copy trading reaches 100 USDT, one insurance node is generated automatically.

3.Dual-Sided Premium Deduction

① Profitable orders

Premium = Order PnL * User’s current α Pool insurance rate (deducted from the futures account).

② Loss-making orders

Premium = 100 USDT * User’s current α Pool insurance rate (deducted from the insurance account).

A premium is charged when every 100 USDT of accumulated loss generates 1 insurance node .

Note: In Futures Insurance, transaction fees will be excluded when calculating premiums for profitable trades or insured amounts for loss-making trades.

4.Tiered Insurance Rate

Insurance rates are dynamically assigned based on the user’s cumulative number of insurance nodes in the α Pool. Premium deductions for both profitable and loss-making orders are executed according to the user’s current α Pool rate tier.

The α Pool insurance fee rate ranges from 10% to 30%, with the applicable rate displayed on the product interface.

5.Node Cycle Mechanism

New insurance nodes require a 72-hour waiting period, calculated from the node’s creation time, before becoming active.

Node Status Rules:

• Frozen: If required premium accumulation is not met for 10 consecutive days, the node will be frozen.
• Expired: If required premium accumulation is not met for 20 consecutive days, the node will become permanently invalid.

6.Node Participation in Airdrops

When the α Pool fund reaches the required threshold, the system distributes airdrops to all active nodes.

Each active node is eligible to participate in airdrop distribution, with a maximum airdrop allocation of up to 100 USDT per node.

7.Referral-based Premium Discounts

For each referee who successfully completes a boost, your insurance fee rate will be reduced by 1%, up to 5%, lowering the rate to a minimum of 10%.

Referees who complete the boost will receive 1 reward node.

Conditions for a successful boost:

• The referee registers via your referral link; and
• The referee accumulates at least 10 USDT in premiums within 7 days of registration.

Important Notes:

• If the referee fails to meet the criteria within 7 days, the referrer’s insurance rate will not be reduced.
• Reward nodes are valid for 15 days and must be activated within the validity period.
• Activation, freezing, and expiration rules for reward nodes are identical to those of standard nodes.

 

Note: To protect the legitimate rights of Futures Insurance users, any malicious attempts to manipulate insurance nodes or otherwise compromise normal user benefits are strictly prohibited. Upon detection, Websea may take one or more of the following actions, based on the severity of the violation:

• Disqualify violating trades from generating insurance nodes and premium deductions.
• Increase the insurance fee rate for violators.
• Adjust the reset rounds for pending rewards for violators.