Description:
The docs/glossary.md file defines protocol and DeFi terminology used across the ILN documentation. Several insurance-related terms used in the codebase and documentation are not defined:
- Insurance Pool — A smart contract that provides default-protection for liquidity providers. LPs optionally opt in by paying premiums; when an invoice they funded defaults, the pool compensates them.
- Premium — A payment made by an LP to the insurance pool to obtain default protection coverage. Tracked as accounting balance (token transfers are a follow-up).
- Coverage Cap — The maximum flat amount the insurance pool will pay out per claim, configured at pool initialization.
- Claim — The process of requesting compensation from the insurance pool after an invoice defaults. Only the pool admin (the liquidity contract) can file claims.
- Enrollment — The act of registering an LP in the insurance program, making them eligible for default protection.
- Default Protection — Insurance coverage that compensates LPs for losses due to invoice defaults.
Why it matters: New contributors and integrators need consistent terminology to understand the protocol. Missing glossary entries create confusion and slow onboarding.
Acceptance Criteria:
Relevant Files: docs/glossary.md, contracts/insurance_pool/
Description:
The
docs/glossary.mdfile defines protocol and DeFi terminology used across the ILN documentation. Several insurance-related terms used in the codebase and documentation are not defined:Why it matters: New contributors and integrators need consistent terminology to understand the protocol. Missing glossary entries create confusion and slow onboarding.
Acceptance Criteria:
Relevant Files:
docs/glossary.md,contracts/insurance_pool/