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Release notes

November 2026​

App

  • Business accounts. A business has its own account on Stellar, shared by its team. Members are admins, operators or viewers; operators can buy cover and manage liquidity but cannot send money out. Invite by email, approve each person with your passkey, and remove them when they leave. See Business accounts.
  • Account menu. Your name at the bottom of the sidebar opens one menu for switching between your own account and each business you belong to, Business settings, Profile settings, light or dark, help and log out.
  • Business settings. A business's details, members and invitations, and a history of every change linked to its Stellar transaction.
  • Finer strikes. Set the strike to as little as 0.0001% from today's rate, for example 0.02%, from the closest strike each pool allows.

October 2026​

Protocol

  • Per-contract underwriting. Each contract is backed only by the underwriters with free money when it is sold. They receive its premium at once and carry only its payout. Underwriters who join later neither share earlier premiums nor carry earlier risk.
  • Backing preferences. Underwriters can stop backing new sales and set the longest length they back.
  • Buyer-chosen strike. Businesses enter their strike as a rate or as a percentage from today's rate.
  • One direction per pool. Each pool sells either Up or Down cover.
  • Upgradable contracts. Contract improvements are installed in place, so pools, balances and addresses stay the same.

App

  • Pair pages with the rate chart, your contracts, strikes, limits and payout curve, with layers you can show or hide.
  • Wallet with deposit and withdraw in one place.
  • Backup passkeys for recovery.
  • Explanations on hover for every term.
  • Move USDC between Base and Stellar through Circle CCTP, in both directions, with network fees covered.
  • Personal Base deposit addresses: send USDC from any exchange or wallet and it arrives in your Stellar account automatically, with nothing to approve.
  • Network fees on Base are paid through two paymasters, Coinbase first and Pimlico as automatic backup.

Documentation

  • Rewritten in two sections: for businesses and for developers.