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Block Green Litepaper v1
  • 🌱What is Block Green?
    • The Problem
    • The Solution
    • The Users
    • The User Experience
      • Liqudity Provider (LPs)
      • Miner
    • Technology
  • THE SOLUTION
    • ⛓️The Block Green Protocol
      • Opportunity funding
      • Reward Streaming
      • What is the value of hashrate?
    • Liquidity Providers
      • How to deposit and withdraw Bitcoin?
      • What is the APY?
      • How is the contract secured?
    • Miners
      • How to receive liquidity?
      • What are the fees?
      • What is the collateral?
    • Custody solutions
  • ABOUT US
    • 👉Stay in Touch
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  • Collateral
  • Claim on assets
  • Insurance
  1. THE SOLUTION
  2. Liquidity Providers

How is the contract secured?

Collateral

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

Claim on assets

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

Insurance

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

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Last updated 1 year ago