Liquidity providers

LPs supply Stellar USDC collateral to a specific event and receive the premium share defined by that event. The Stellar port preserves deposits, premium accrual, capital withdrawal, and creator participation. Capital is at risk when the event pays hedgers; premium income is not a guaranteed return.

Before depositing

Inspect the pair, strike, limit, expiry, oracle policy, current liabilities, premium-rate policy, fees, and whether external LPs are permitted. Read amounts in the event's SAC base units. One USDC on Stellar is 10,000,000 base units; a six-decimal EVM amount cannot be copied unchanged.

Deposit and withdrawal flow

1. Select a funded Stellar account and read the event's LP-open status.
2. Prepare an authorized deposit invocation for the specific event and amount.
3. Review the USDC transfer and resulting share record, sign, and wait for ledger confirmation.
4. Query the deposit and its premium accrual. Prepare claim_premiums when permitted by the event's accounting rules.
5. After settlement, read the remaining capital entitlement and prepare withdraw_capital.

The pool enforces funded maximum liabilities before allowing new hedges. A withdrawal cannot remove collateral still backing positions or unpaid claims. Settlement moves liability from active exposure to finalized claims without counting it twice. Premium and capital accounting remain separate and must pass economic parity tests against the existing product.

Treasury reporting

Report deposited principal, share units, earned premiums, capital at risk, finalized deductions, fees, and amounts already claimed. Show the ledger used for each balance. Ordinary wallet cash and committed event collateral are distinct. The initial port does not lend or bridge collateral while customer obligations remain backed by it.