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On this page
  • Step 1: Forcefully Validate a Demand
  • Step 2: Receive the Remaining Premium
  • Step 3: Manage Your Valid Demand
  1. Onboarding Guides
  2. Personalized Insurance (Demands)

Managing a Demand - Guide

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Last updated 1 year ago

By following these steps and accessing the Dashboard's "My Policies" section, you can effectively manage and make decisions regarding your demand on the DEIN platform.

Step 1: Forcefully Validate a Demand

If you believe that your Demand has already gathered sufficient Collateral or you don't anticipate it gathering more before it closes, you have the option to forcefully validate it. This action will trigger a recalculation of the premium based on the new Policy Size, and any remaining funds will be returned to you.

Step 2: Receive the Remaining Premium

Whether you forcefully validated a Demand or it naturally closed, you can receive the unused portion of the premium you initially deposited.

Step 3: Manage Your Valid Demand

Once your demand becomes Valid, it functions like any other Policy within the DEIN ecosystem. You can manage and make decisions regarding your valid demand from your Dashboard under the "My Policies" section.