2020_12_07 Etherisc Staking Model

	A	B	D	E	G	I	J	K	L	M	N	O	P	Q	R
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3		Loss Ratio	63.0%	(Actual loss in relation to premiums paid)					Price per policy		10.00	Dai
4		EL (%)	75.0%	(Expected loss in relation to premium paid)					Sum insured per policy		400.00	Dai
5		Cost (%)	12.5%	(Cost for operations, distribution, oracles)					Exposure per policy		392.50	Dai
6		Reward (%)	12.5%	(Reward for stakers)					Expected loss per policy		7.50	Dai	1.88%	Probability of Default
7									Max. capacity		255	policies
8		Exposure Factor	40	(Sum insured = premium * Exposure Factor; = maximum Loss)					Duration		30	days
9		Collateralization	50%	(Should be between 50% and 100%)					Cost per policy		1.25	Dai
10		Amount DIP staked:	500,000	(Maximum: 500K)
11		# of Policies sold	254	(Maximum: 254 policies)
12		# of Policies claimed	4	(Try 4, which corresponds to a loss ratio of ~60%)
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14		Transaction	Staker DIP	Staker Dai	Customer	#of policies	Risk Pool DIP	Paid Premium	Sum Insured	Paid Claims	Risk Pool Dai	Max. Exposure	Expected loss	Cost	Reward
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16		Initial	500,000	50,000	50,000		0	0	0	0	0	0	0	0	0
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18	STEP 1	Staker stake DIP+Dai	-500,000	-50,000			500,000				50,000	100,000
19		Balance	0	0	50,000		500,000	0	0	0	50,000	100,000	0	0	0
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21	STEP 2	Customers buy cover			-2,540	254		2,540	101,600			-99,695	1,905	318	318
22		Balance	0	0	47,460		500,000	2,540	101,600	0	50,000	305	1,905	318	318
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24	STEP 3	Customers file claims			1,600	4				-1,600	-1,570	0	-30
25		Balance	0	0	49,060		500,000	2,540	100,000	-1,600	48,430	305	1,875	318	318
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27	STEP 4	Policies expire				250						98,125	-1,875		1,875
28		Balance	0	0	49,060		500,000	2,540	100,000	-1,600	48,430	98,430	0	318	2,193
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30	STEP 5	Stakers unstake	300,000	50,623			-300,000				-48,430	-98,430			-2,193
31		Final	300,000	50,623	49,060		-300,000	2,540	100,000	-1,600	0	0	0	318	0
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33		Profit/Loss		623	-940									318
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35		APR		14.94%
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38	STEP 6	Reward Distribution
39	STEP 7	Transfer of Cost
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