External Capital

Beta · Phase 2

Capital stack architecture, LP participation, and Polymarket reinsurance layer

External Capital Program

Launching H2 2025 · Pre-registration Open

YAS Assurance is opening its reserve pools to external LP capital. Accredited investors can participate in structured tranches backed by real premium flows from robotics and autonomous fleet operations across APAC. All returns verified on-chain with full transparency into pool utilization and claims history.

Capital Stack Architecture

Polymarket Reinsurance

Layer 1

Consumer Layer

—YAS Licensed Policy

HKD-denominated regulated insurance product. Issued under Insurance Ordinance (Cap 41) / MAS. The policyholder-facing wrapper.

HKD RegulatedMGA Front-EndUBI / Parametric

Status

HK$588K/mo premium

Layer 2

Captive Layer

—YAS First Loss Pool

YAS seed capital absorbs first 20% of any claim. ERC-4626 vault standard — composable, auditable, DeFi-integrable. Target $500K–$1M initial seed.

First Loss 20%ERC-4626 VaultYAS Capital

Status

HK$2.4M deployed

Layer 3

Prediction Layer

—Polymarket Liquidity Pool

Decentralized reinsurance capital. Binary market: "Will Asset [ID] have a collision event in 30 days?" YES/NO tokens sum to $1. LPs hold NO tokens and earn premiums if no claim fires. YAS = MGA pricing the probability via telemetry.

Binary MarketsLP UnderwritersFleet-Tier Pooling

Status

Min. $500K seed/pool

Layer 4

Oracle Layer

—YAS Telemetry → On-Chain Verification

IoT sensor data → YAS API → Chainlink oracle → smart contract payout trigger. UMA optimistic oracle for disputes (48hr challenge window, YAS as arbiter). Parametric payout in 24-72 hrs — no manual claims processing.

Chainlink + IoTUMA DisputeAuto-Payout

Status

24-72hr settlement

Strategic Moat

Anyone can open a Polymarket pool. Very few can price a robot's accident probability in real time. YAS telemetry is the private pricing signal — Vitalik's "info finance" thesis applied to physical machine risk.Premium = P(accident) × Coverage × 1.2× loading. Example: 3% monthly × HKD 50,000 × 1.20 = HKD 1,800/month.

LP Tranche Structure

Senior Tranche

Target Return (Annual)

6-8%

Capacity: HK$20M78% filled

Risk LevelLow

Mezzanine Tranche

Target Return (Annual)

12-18%

Capacity: HK$8M52% filled

Risk LevelMedium

Junior Tranche

Target Return (Annual)

22-35%

Capacity: HK$4M30% filled

Risk LevelHigh

Sample Pool Performance

Simulated

Q1 2024

7.2%

8.1%

Q2 2024

9.4%

10.2%

Q3 2024

11.8%

13.6%

Q4 2024

8.3%

9.7%

Q1 2025

14.1%

16.8%

LP Return

Pool Return

Program Details

Minimum Commitment

HK$500,000

per tranche

Lock-up Period

12 months

with 30d notice thereafter

Distribution Frequency

Quarterly

direct to LP wallet

Audit & Reporting

Monthly

on-chain + PDF reports

Jurisdiction

Hong Kong SFC

under CAI exemption

Target Launch

H2 2025

regulatory approval pending

Regulatory Notice

For illustration only. External capital participation is subject to regulatory approval and accredited investor requirements. Past performance is not indicative of future results.