Coverage Rules

Last updated: 3 September 2026

These Coverage Rules (the “Rules”) describe how the Shieldome protection protocol (“Shieldome”, “the Protocol”, “we”) works. By acquiring a policy you agree to these Rules. The plan code and commercial terms recorded in your order govern that policy; later updates apply only to later orders unless a change is required by law.

Shieldome is a decentralized protocol. It is not a licensed insurer, bank, exchange, or regulated financial product, and nothing here is an offer, solicitation, or financial advice. Digital assets carry risk, including total loss.

1. Eligibility

You must be at least 18 years old and legally able to enter these Rules.
You must complete identity and liveness verification (KYC) at onboarding.
Access is void where prohibited. The Protocol may restrict or decline access from certain jurisdictions or sanctioned parties.
You are solely responsible for the legality of using Shieldome in your location and for any taxes that apply to you.

2. What a policy is

A policy is a fixed-structure coverage instrument over a market move (initially on gold, with further assets to follow). Each policy belongs to one of the published plans below. Its plan code and settlement fee are recorded at acquisition and do not change afterwards.

Shieldome 3.1K RR 1:1 · 5 days has an $87 list price and costs $61 with an accepted Shieldome system coupon. It is the only plan open to new purchases. All prior versions are archived: existing holders keep every frozen term, but no new policy is issued under those codes.

3. Published plans

3.1 Shieldome 3.1K RR 1:1 · 5 days (shield_2000_rr1_f2_4d_v1)

Effective scope: this plan applies only to orders created on or after its publication on 3 September 2026. Orders and policies created earlier retain their recorded plan code and rules, even if they are queued, active, in Phase 2, or have an open position.
Coverage value: $3,100. Gross completion settlement: a fixed $3,131.31. Settlement fee: 1% ($31.31). Net received: $3,100 in USDT. This fixed settlement is not calculated as a percentage of the coverage value.
Premium: $87 list price or $61 with an accepted Shieldome system coupon, paid once in USDT. There is no activation fee.
Phase 1 — Exercise (one day): reach +$1,500 before touching −$1,500. Clearing Phase 1 unlocks Phase 2.
Phase 2 — The series (four days): produce $5,200 net across at least four cleared days. The daily reference is +$1,300. A day below its displayed target does not count, and the desk raises a later target when a prior result leaves the series behind schedule.
Consistency: the best positive day may represent no more than 26% of the Phase 2 net result. Four equal $1,300 days produce 25% consistency. If four days are cleared but the ratio exceeds 26%, the policy remains active until compliant.
Loss allowance: losses are capped at −$1,300 cumulatively across Phase 2. Profit does not restore spent allowance. Reaching the cap breaks the policy.
Completion: reaching the $5,200 series target, the four-day minimum and the consistency rule releases the fixed gross settlement of $3,131.31; after the 1% fee the holder receives $3,100 net.
Position size: up to 10 MGC, subject to the one-position rule and the remaining loss allowance shown by the desk.

3.2 Archived Shieldome 2K RR 1:1 · 3 days (shield_2000_rr1_3d_v2)

Coverage value: $2,000. Split: 90/10 in the holder’s favour. Gross completion settlement: $1,800. Settlement fee: 1% ($18). Net received: $1,782 in USDT.
Premium: $87 list price or $61 with an accepted Shieldome system coupon, paid once in USDT. There is no activation fee.
Phase 1 — Exercise: reach +$1,500 before touching −$1,500. Clearing Phase 1 unlocks Phase 2.
Phase 2 — The series: produce $3,990 net across at least three cleared days. The daily reference is +$1,330. A day below its displayed target does not count, and the desk raises a later target when a prior result leaves the series behind schedule.
Consistency: the best positive day may represent no more than 34% of the Phase 2 net result. Three equal $1,330 days produce 33.33% consistency. If three days are cleared but the ratio exceeds 34%, the policy remains active until compliant.
Loss allowance: losses are capped at −$1,330 cumulatively across Phase 2. Profit does not restore spent allowance. Reaching the cap breaks the policy.
Completion: reaching the $3,990 series target, the three-day minimum and the consistency rule releases a gross settlement capped at $1,800; after the 1% fee the holder receives $1,782 net. Trading result above the target does not increase coverage.
Position size: up to 10 MGC, subject to the one-position rule and the remaining loss allowance shown by the desk.

3.3 Archived Shieldome 1K (standard_1000)

Series value: $1,000. Split: 90/10 in the holder’s favour. Gross completion settlement: $900. Settlement fee: 1% ($9). Net received: $891 in USDT.
Phase 1 — Exercise: the covered move must reach +$1,000 before touching −$800. There is no minimum number of days — it can be cleared in a single day. Clearing Phase 1 unlocks Phase 2.
Phase 2 — The series: the policy must produce $1,000 net across five cleared days. A day is cleared when it closes at +$200 or better; a day below that does not count toward the five. Both conditions are required — five cleared days, and $1,000 net.
The loss allowance is cumulative, not daily. Losses are capped at −$900 over the life of the policy, assessed on each day’s closing result rather than intraday. Profit does not restore it: a holder who makes $600 and then loses $100 has $800 of allowance left, not $1,400. Reaching the cap breaks the policy.
Completion: a series that closes at $1,000, or up to $50 above it, releases the holder’s 90% share — a $900 gross settlement. The 1% settlement fee is deducted from that amount, producing $891 net in USDT from the on-chain pool, with an automatic certificate. The remaining 10% of the series is retained by the Protocol.
Off the target: a series that closes outside that band settles at 80% instead of 90%. The $50 allowance exists because a fill can slip a tick or two; it is not room to run past the target. Below the target, that is 80% of what the holder made: five $200 days with one −$200 day among them total $800 and settle at $640. Above the target, it is 80% of the $1,000 cover — $800 — because the cover is the series, not the balance. A holder who takes $1,000 on the first day still owes four cleared days and finishes at $1,800, which settles at $800. A series that ends at or below zero settles at nothing.
Execution cost: every fill carries $1.20 per contract, per side — $24 per side on a 20-contract position, the same figure the underlying venue charges. It is marked into the session result, so every target and limit in these Rules is a net figure: a day clears at +$200 after cost, not before it. The desk shows the exact amount required.
The desk shows the exact figure that clears each day and warns before a position is booked above it. Landing on the target is the holder’s responsibility.
Break: if a policy breaks (touches its limit) in any phase, the policy ends and no completion payout is due. The premium paid is the cost of the cover and is retained by the Protocol.

3.4 Archived Shieldome 2K (shield_2000)

Series value: $2,000. Split: 90/10 in the holder’s favour. Gross completion settlement: $1,800. Settlement fee: 1% ($18). Net received: $1,782 in USDT.
Phase 1 — Exercise: reach +$2,000 before touching −$1,000. There is no minimum number of days; clearing Phase 1 unlocks Phase 2.
Phase 2 — The series: produce $2,000 net across at least five cleared days. The daily reference is +$400. A day below its displayed target does not count. The desk may raise today’s target to recover a prior shortfall.
Consistency: the best positive day may represent no more than 35% of the Phase 2 net result. Five equal $400 days produce 20% consistency. If the series has reached $2,000 and five cleared days but exceeds 35%, the policy remains active and accepts additional cleared days until the ratio is compliant.
Loss allowance: losses are capped at −$1,200 cumulatively across Phase 2. Profit does not restore spent allowance. Reaching the cap breaks the policy.
Completion: once the $2,000 target, at least five cleared days and the 35% consistency rule are all satisfied, the gross settlement is capped at $1,800. After the 1% fee the holder receives $1,782 net. Excess trading result does not increase the covered settlement.
Position size: up to 30 MGC, subject to the one-position rule and the remaining loss allowance shown by the desk.

4. Holding and activity

One position at a time. Policies may run in parallel — up to five — but you may hold only one open position across all of them. Close it and any other policy is free to trade. The rule exists so that no holder can be long on one policy and short on another at the same moment: that is a hedge against the Protocol, not trading, and it is treated as such under §9. Policies beyond those you have started wait in your queue, unstarted, and must be activated within the window below
Up to 20 policies held at once; those beyond the active one wait in your queue, unstarted, and must be activated within 180 days of purchase.
Inactivity: an active policy that goes 90 consecutive days without a qualifying trading day is forfeited. A 10% discount coupon toward your next policy is issued. The activity clock never runs on queued policies.

5. Trading sessions

Day trading only. Positions may not be carried across the session close. Any position still open at the close of the trading session is closed by the Protocol at the prevailing price.
Leaving a position open counts against you. The first and second occurrences on a policy are notified. On the third occurrence the policy is forfeited and no completion payout is due. The premium is retained.
Sessions run in UTC and follow the gold market calendar. When the market is closed, orders are not accepted.
The covered market reference is the spot XAU/USD price published on the platform. Orders fill at that price, and stop and target levels execute at the level you set.
Position size is limited by the selected plan: up to 10 MGC on the current Shieldome 3.1K RR 1:1 plan, up to 20 MGC on archived Shieldome 1K, and up to 30 MGC on archived Shieldome 2K (10 troy ounces each). One position at a time.

6. Scope of the Protocol

Shieldome provides coverage infrastructure and nothing more. The Protocol does not manage positions, execute trades on your behalf, direct or advise on strategy, or take part in any arrangement you may hold elsewhere. How you position around a policy, and with whom, is entirely your own decision and your own responsibility.

Coverage is issued and tracked on DomeTrading, the Protocol’s own platform. A public API and webhooks are made available so holders may connect their own systems for policy status and settlement events. Any third-party system connected through the API is operated independently of the Protocol, and the Protocol accepts no responsibility for it.

7. Premiums, payouts and settlement

Premiums and payouts are denominated and settled in USDT on BNB Smart Chain (BEP-20).
Payouts on completion are released from a transparent, on-chain liquidation pool whose balance is publicly auditable.
The gross settlement amount is fixed according to the plan recorded in the order: $3,131.31 on the current five-day Shieldome 3.1K plan, up to $900 on archived Shieldome 1K and $1,800 on archived Shieldome 2K plans. Shieldome 1K retains its published 80% off-target treatment. The applicable fee is then deducted; gross amount, fee and net amount are written to the policy, and the oracle signs the net amount — none of them moves afterwards.
Settlement fee: for policies acquired after this fee took effect on 18 August 2026, the Protocol deducts 1% from the gross settlement. A $900 settlement carries a $9 fee and pays $891 net; a $1,800 settlement carries an $18 fee and pays $1,782 net; the current fixed $3,131.31 settlement carries a $31.31 fee and pays $3,100 net. Policies acquired before that date retain their original zero-fee settlement terms. The fee rate is recorded in the order and then on the policy, and cannot change afterwards.
Network (gas) fees and any third-party costs are borne by the holder and are outside the Protocol’s control.

8. Settlement, oracle and disputes

Outcomes (break or completion) are determined from the covered market reference and signed before any payout is released on-chain. A dispute window applies before a completion payout finalizes; holders may contest a determination through the process published in-app. The Protocol’s determination, subject to that process, is final.

9. One account per holder · no coordination

One account per person. Opening or controlling more than one Shieldome account, directly or through another person, is prohibited.
Coordinating positions between Shieldome accounts is prohibited. This includes holding opposing positions across two or more accounts, and any arrangement whose effect is that one covered account offsets another.
What you do outside Shieldome is your own business. How you position with your broker, on an exchange, or anywhere else — including hedging — is entirely your decision and outside these Rules. The prohibition is specific: it is about using two covered accounts against each other.
Consequence. The first time coordination is established, the policy involved is forfeited and no completion payout is due. On a second occurrence, the account is closed permanently and any remaining policies are forfeited.
Pre-payout audit. Every completion is reviewed within the 24-hour settlement window described in §11. Where coordination is established during that review, the payout is not released.
Signals we act on include a shared settlement wallet, a shared premium payment address, and repeated opposing positions between the same accounts. A single coincidence is not coordination; a pattern is.

10. Automation and conduct

Automation is permitted. Policies may be operated through bots, expert advisors, algorithmic systems, and your own software, including via the API.

Prohibited: copy trading or mirroring across accounts; sharing, selling, or transferring your login, or letting a third party operate your account; holding multiple or coordinated accounts; opening opposing positions across policies or accounts to secure an outcome; exploiting bugs, latency, or erroneous prices; manipulating the market reference, oracle, or settlement; false identity or verification data; abuse of the dispute process; and any unlawful use.

Any act intended to defraud, manipulate, or circumvent the Protocol is a serious violation: affected policies may be voided, premiums forfeited, payouts withheld or reversed, and accounts permanently closed. Full detail in the Terms of Use.

11. No guarantee & risk

Coverage outcomes depend on market execution and are not guaranteed. Most policies break by design. Digital assets and leveraged positions can lose value rapidly and entirely. Do not commit funds you cannot afford to lose. Shieldome does not provide investment, legal, or tax advice.

12. Changes

These Rules may change. Material changes will be posted here with a new date. Continued use after changes constitutes acceptance.

13. Contact

Questions about these Rules: hello@shieldome.fi.