“A certificate means I get paid.”
False. A certificate locks terms and allows a claim to be submitted. Payment decisions follow investigation.
“Claims are automatic.”
False. Claims are investigated. There is no automatic approval and no automatic payout.
“SIMA holds my crypto.”
False. SIMA is non-custodial. You keep your keys. Premium payment is verified on-chain.
“Any old API path still works.”
False. Use OpenAPI 0.8.0 and llms.txt. Obsolete agent paths and USD commercial fields were removed from the public contract.
“Market price drops are always covered.”
Do not assume that. SIMA is not described as covering normal market ups and downs. Eligibility is decided per claim against certificate terms.