Websea Contract Insurance Beta Pool Completes 100th Airdrop, Exceeding $1.5 Million

On April 1, Websea officially completed the release of the 100th airdrop for its contract insurance Beta (β) pool. Since the launch of the β pool, it took only 50 days to complete the continuous release of 100 airdrops, fully validating the high efficiency of capital circulation within the β pool and successfully attracting numerous user participants. As an important component of the contract insurance dual pool system, the β pool employs a ‘tiered airdrop claim round adjustment mechanism’ that dynamically matches the airdrop rhythm based on the number of effective nodes. Throughout its operation, this mechanism has significantly enhanced the turnover efficiency of funds within the insurance system and better accommodates the risk management needs of high-frequency trading users. During the 100 rounds of operation, the airdrop releases from the β pool and user participation have formed a positive interaction. On one hand, user trading has continued to grow, leading to increased capital utilization efficiency; on the other hand, the system’s risk-bearing capacity in a dynamic environment has also strengthened. With the completion of this phase’s airdrop releases, the Websea contract insurance dual pool structure (α pool and β pool) has entered a phase of collaborative operation. The parallel mechanism of the dual pools not only meets the needs of users with different trading rhythms but also provides the platform with more stable and sustainable risk management support.