Websea Contract Insurance Completes Major Upgrade, Fully Securing Transaction Risks
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Websea Contract Insurance Completes Major Upgrade, Fully Securing Transaction Risks
The core objective of this upgrade is to return smart contract insurance to its fundamental product nature—providing protection for transactions.
Navigating Web3 tides with focused insightsOn January 27, 2026, Websea, a globally leading digital asset trading platform, officially announced that its flagship innovative product—“Contract Insurance”—has completed Phase I of its mechanism upgrade, with Phase II’s architectural overhaul set to launch shortly. This iteration addresses key pain points at the current product stage and core user needs, systematically optimizing the insurance logic to build a fully effective risk-control protection system driven by trading activity—one that balances fairness, inclusivity, and operational efficiency—thus injecting sustainable momentum into digital asset contract trading.
The Phase I upgrade, rolled out on January 26, enhances the insurance node “keep-alive” logic, premium calculation methodology, and reward node validity period, further strengthening the fairness, airdrop efficiency, and sustainability of the Contract Insurance mechanism. This upgrade is not merely a superficial rule adjustment—it represents a system-level optimization grounded entirely in user experience, ensuring Contract Insurance truly delivers “protection for trading,” empowering all users to participate in contract trading with greater confidence and peace of mind.
Upgraded Node Keep-Alive Rules: Protection Through Trading
Prior to the upgrade, Contract Insurance rapidly attracted broad user participation thanks to its innovative risk-protection mechanism. However, as the ecosystem expanded in scale and diversified in user composition, the uniform node airdrop rollout model began revealing structural mismatches—specifically, significant disparities in node keep-alive costs across nodes of differing sizes. Over time, this amplified asymmetry in airdrop outcomes, compelling the platform to undertake a systematic reconstruction of the underlying logic.
This upgrade fundamentally restructures the operational logic of nodes: insurance node keep-alive and unfreezing are now uniformly calculated based on “cumulative newly generated premiums.” All premiums generated from contract trading—including those derived from both profitable and losing orders—are credited to the insurance pool.
Under the new design, Websea positions Contract Insurance as a mutual aid protection system co-built by traders, where contract trading itself replenishes risk coverage. Each trade contributes premiums that continuously fund the insurance pool; conversely, when users incur losses, the insurance pool provides targeted airdrop support for risk mitigation.
This establishes a value-sharing and risk-mitigation model rooted in contract trading behavior: Trading = Contribution; Losses = Recovery; Profits = Ecosystem Reinforcement. Through this virtuous cycle, Contract Insurance gradually evolves into a self-sustaining, self-reinforcing risk-sharing network—where every participant becomes a contributor to the system’s stability and resilience.
Optimized Reward Node Mechanism: Alleviating Airdrop Velocity Pressure
Previously, increasing numbers of reward nodes intensified pressure on airdrop distribution, lengthening the Contract Insurance airdrop cycle. To resolve this bottleneck, Websea optimized the reward node mechanism by enhancing “activation efficiency,” introducing a 15-day validity window to accelerate the conversion of reward nodes into functional contributors to insurance effectiveness—and thereby boosting the circulation efficiency of the insurance fund pool.
The upgraded mechanism accelerates reward node turnover, easing pressure on the insurance fund pool’s airdrop capacity. As a result, the Contract Insurance mechanism achieves higher operational efficiency and long-term sustainability—ensuring airdrops better protect trading users.
Revised Premium Calculation Rules: Sustained Influx of More Transaction Fees
Under the previous mechanism, transaction fees were included in calculations for both profit-based premiums and loss-covered amounts, reducing the supportive role of fees in funding the insurance pool and undermining the efficiency of the protection system.
This upgrade explicitly decouples transaction fees from insurance-related calculations and airdrop mechanisms, establishing clear value boundaries: going forward, profit-based premiums and loss-covered amounts will reflect only users’ actual order profits and losses. Meanwhile, transaction fees will serve as an independent, stable, and predictable funding stream injected directly into the insurance pool—providing robust financial replenishment and reinforcing the foundational capabilities for airdrop distribution and risk control.
Returning Contract Insurance to Its Core Purpose: Risk Protection
The central objective of this upgrade is to restore Contract Insurance to its fundamental purpose: delivering “protection for trading.” The platform anchors the operation of Contract Insurance squarely on premiums and transaction fees generated through contract trading—freeing it from reliance on structural expansion and instead grounding it firmly in each user’s trading activity. This ensures participants of all scales can engage long-term within a fairer, more stable, and more sustainable framework.
This phased upgrade marks a pivotal evolution for Websea—driven by active listening to community feedback and responsive action to real user needs. It is more than a mechanism refinement; it signals a strategic shift—recentering Contract Insurance on its original mission: serving trading activity, hedging risk, and accompanying users through market cycles.
From mechanism innovation to architectural overhaul, Websea is leveraging Contract Insurance as a fulcrum to drive comprehensive upgrading and restructuring of the entire digital asset trading protection ecosystem. Moving forward, Websea will continue deepening its focus on user needs and industry pain points, using technological innovation and refined operations as engines to lead the digital asset trading protection domain toward greater fairness, higher efficiency, and stronger sustainability—building a safer, more valuable trading environment for users worldwide.
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