> For the complete documentation index, see [llms.txt](https://block-green.gitbook.io/block-green-litepaper-v1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://block-green.gitbook.io/block-green-litepaper-v1/the-solution/liquidity-providers/how-is-the-contract-secured.md).

# How is the contract secured?

### Collateral&#x20;

On-chain collateral denominated in BTC deposited by the miner in a mulstisig wallet over the duration of the agreement.&#x20;

### Claim on assets&#x20;

In case of default, the agreement is secured by a claim on the assets of the holding company.&#x20;

### Insurance

The miner is required to have insurance coverage events that may cause disruptions in the operation of the mining site. &#x20;