VELAR CAPITAL
What is the COVER reserve: what it is not
Where part of the daily accrual goes and why this account does not return money. All you need is an amount in USDT and a term: the rate is a plan condition, not a promise of payment.
How it is built
COVER is an internal accounting account: a share of each daily payout is moved there. It is not insurance and gives no right to compensation.
Fees and withdrawal
An early exit costs a fee on the body, from the highest on the first tier to zero on the last. Accrued interest stays with the client.
What to check yourself
Every number can be checked: the plan grid is public, accruals appear in the cabinet ledger, and cycle aggregates are published openly.
How interest accrues on USDT: questions and answers
Is the COVER reserve insurance?
No. COVER is an internal accounting account: part of the daily accrual is moved there, but no payouts come from it and it grants no right to compensation.
How is this different from a bank deposit?
A bank deposit is covered by a state insurance scheme; there is no such protection here, so the risk of losing the principal sits with the client. In exchange, the rules, fees and ledger are open before you start.
Can I take the money out before the term ends?
Yes, with an early-redemption fee: it is charged on the body and listed in the tier table. Accrued interest stays with the client.