Refusal is a feature
Five hard stops. The product is as much about what it will not do as what it pays.
Missing either print voids the contract
Robinhood pauses the feed around corporate actions. If the close or the open is unavailable, VIGIL refunds the premium. It never settles on a stale price and it never guesses.
SettlementAbove 70% we stop selling
Every open cap is reserved in the vault. A sale that would push utilization past 0.7 is declined on screen, with the reason. Correlation is the real danger: one Monday hits every contract at once.
VaultThe calendar is NYSE, not weekdays
Holidays and 13:00 ET half-days are loaded from a maintained calendar. A hardcoded Monday-to-Friday rule would settle cover on days the market never opened.
WatchNot offered to US residents
These tokens are not registered in the United States. Buying cover requires an on-screen confirmation of that fact. If a number is not on the chain or in the measured history, it is not on this site.
LegalNo deposit button exists
Phase 0 underwrites with founder capital. Third-party deposits open after an audit. Underwriters are paid in USDG from premiums. $LANTERN is not part of underwriting.
Vault docs