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# Virtual Insurance Pool

VRC-4

#### Abstract

The Virtual Insurance Pool (VIP) enables participants to instantly unlock and transfer escrowed value in excess of their initial VIPE contribution. The VIP represents unclaimed escrow that, unlike VIPE funds, are not subject to a dispute period. Participants can thus immediately settle states reflecting realized profits with the VIP instead of against their counterparty's VIPE.

#### Features

* Permissionless Capital Flows