When does Coverage start? Do I need to maintain my staked amount of Alpha, as noted when registering? How would my wallet become ineligible? Can I increase my Root and/or Alpha stake after registering? How do I check if I am covered? What does Rizzo Coverage protect against? How are claims processed? What happens if my claim is denied? Can I cancel my Coverage? Do I need to re-Register my wallet when my staked balance changes? How are payouts calculated? What fees apply to claims? What happens if the policy terms change? What happens if the Coverage fund limits are reached? Can I stake more Alpha than the required amount during wallet Registration? Does my entire wallet balance count toward Coverage? Can I qualify for Coverage by staking across multiple validators? Can I move my stake between Subnets and remain covered? What happens if I transfer my wallet balance to another address? Can I add multiple wallets to the same Coverage policy? Does Coverage apply retroactively? If I un-stake and then re-stake with Rizzo Validator, do I have to re-register my wallet? Does Rizzo Validator guarantee claim payouts? Can I transfer my Coverage to another wallet? What happens if Rizzo Validator ceases operations? Can I dispute a denied claim? Is there a maximum Coverage limit per user? Does the Coverage extend to Alpha tokens or external DeFi protocols? If I delegate my stake to another Validator, do I still qualify? Can I manually request a claim, or is it automatic? What if I stake through Rizzo Validator but don’t register for Coverage? Are there any geographical restrictions for Coverage eligibility? Does the amount of Coverage increase regularly? Can Rizzo Network change the Coverage rules in the future? Why does the “Terms & Conditions” documentation refer to NFT’s instead of TAO tokens? I don’t see my answer here. How can I get support?

Protecting Your Staked TAO at No Cost

Rizzo Validator is the first in the Bittensor ecosystem to provide discretionary staking cover — fully funded by us — to safeguard your TAO delegation from unforeseen risks.

Protected TAO Assets

$ 0 Million USD

Transparent Enrollment Process

Get your stake covered in just a few simple steps:

Step 1

Stake TAO

Start by staking your TAO tokens through us

Step 2

Register Wallet

Connect and verify your Bittensor wallet

Step 3

Set Up Backup

Provide backup ERC-20 wallet & agree to terms

Congratulations!

Coverage is active

You’ve just added protection to your hard-earned TAO!

Why Coverage Matters

Backed by Nexus Mutual and additional capacity providers, this cover offers a transparent, no-cost safety net for TAO holders who stake with Rizzo Validator.

$25M USD Protection

Coverage increases as staking participation grows, providing ever-increasing protection.

Event-Triggered Payouts

Compensation is issued based on predefined conditions related to protocol malfunctions, hacks, and exploits.

Third-Party Backing

Coverage is facilitated through Nexus Mutual and additional capacity providers for reliability.

Simple Enrollment

All Rizzo Validator delegators are covered by registering their wallet.

What's Covered

The Basics: What’s protected and why Rizzo Validator’s Coverage matters

Bittensor protocol vulnerabilities – Failures in the network’s consensus, delegation, or staking mechanisms.

Severe Economic Events – blockchain manipulation or liquidation failures causing unintended fund loss.

Unintended protocol failures resulting in TAO loss.

Claims Process

Understand how straightforward claims are with Rizzo Validator’s Coverage

The event is reviewed to determine whether it qualifies under the staking cover terms.

Compensation is issued via ERC20 wallet payment, based on available funds and your percentage of TAO staked through Rizzo Validator

The claims process is designed for efficiency, ensuring a timely resolution.

Coverage Information & Resources

Documents & Links

Coverage Policy

Complete coverage details

Claim Process

The claims process explained

External Resources

Coverage Provider

Learn about our coverage partner

Security Audits

View our security certifications

Frequently Asked Questions

Rizzo Validator is proud to offer coverage of your valuable TAO in the event of certain events – we’ve addressed the most common questions here.

What is Rizzo Network’s “Coverage”?

Coverage by Rizzo Network is a discretionary Coverage program for TAO holders who stake their TAO through the Rizzo Validator. You may stake to ANY Subnet, but only the TAO you have in your wallet (Subnet 0/Root) is covered, not any Alpha tokens.

Is this insurance?

No, it is not traditional insurance. It is a discretionary Coverage program, meaning payouts depend on available funds and eligibility verification.

Why do I need to register my wallet?

Rizzo Network requires additional terms and conditions for you to participate, over and above the Coverage Provider’s Terms & Conditions. By registering, you elect to participate in TAO Coverage protection, and bind yourself to our policy and terms.

Who qualifies for Coverage?

Anyone who has TAO staked through the Rizzo Validator and registers their wallet will qualify.

Does Coverage apply to Alpha tokens?

No, Coverage applies only to TAO staked to Subnet 0 (Root). Alpha tokens and other Subnets are not covered under this policy.

What happens if I un-stake or switch validators?

If you un-stake your TAO or move it to another validator, you lose Coverage and must re-register if you want to retain eligibility for a claim payout.

More...

When does Coverage start?

Coverage starts two weeks after successful wallet registration, provided you maintain
the required staked Alpha, and maintain that amount in perpetuity.

Do I need to maintain my staked amount of Alpha, as noted when registering?

Yes, you must always maintain the minimum amount of staked Alpha (as specified
during wallet Registration) through Rizzo Validator to remain covered.

How would my wallet become ineligible?

You lose Coverage once you drop below the amount of Alpha staked during wallet Registration.

Can I increase my Root and/or Alpha stake after registering?

Yes, you can always increase your stake amount. Additionally, your increased Root (Subnet 0) stake would be covered, but you must continue to hold the required amount of Alpha (as noted during registration).

How do I check if I am covered?

You can verify your Coverage status on Rizzo.Network by connecting your wallet.

What does Rizzo Coverage protect against?

Some examples include governance takeovers or network-wide protocol failures affecting TAO, but does not protect against market volatility, staking penalties, or validator misbehavior. For a comprehensive explanation, see the “Cover Terms” link on our “Coverage” webpage to download and review the current Terms & Conditions

How are claims processed?

After a claimable event occurs, we confirm all affected wallets, validate eligibility, calculate rate of compensation (minus deductibles/fees), and pay to the ERC-20 wallet recorded at time of Registration. See our “Claims Process” link on the “Coverage” page on the Rizzo.network website for additional details.

What happens if my claim is denied?

If you did not meet the staking requirements at the time of the claimable event, the claim will be denied and cannot be disputed. Additionally, when a claimable event occurs and Rizzo.network is denied the claim by the Coverage Provider, all subsequent and associated wallet claims will be denied

Can I cancel my Coverage?

If you un-stake or switch validators, or do not hold the required amount of Alpha tokens as stated upon Registration, you will no longer be covered under the policy.

Do I need to re-Register my wallet when my staked balance changes?

No, once your wallet is registered, and as long as you continue to hold the required amount of Alpha tokens designated during the registration process, you will not need to repeat the Registration process again. You are free to buy, sell, stake, and un-stake as much as you like.

How are payouts calculated?

When the Coverage Provider approves the claim, payout amounts will be proportionality distributed relative to total available replacement funds, number of wallets & TAO affected, and the total amount of TAO staked through Rizzo Validator on Subnet 0 (Root). Stated differently, claims are subject to payouts as a percentage of total TAO staked, as determined by blockchain data at time of event.

What fees apply to claims?

Coverage Providers have fees and deductibles that will pass-though at time of payout, so claims will have proportional deductible and administrative fees applied. See the “Cover Terms” link on our “Coverage” webpage to download and review the relevant deductibles/fees.

What happens if the policy terms change?

Policy updates will be announced via the Rizzo.network website and official Team Rizzo channels in Discord and Twitter/X. If an e-mail address was provided at the time of Registration, delegators will be notified via direct communications.

What happens if the Coverage fund limits are reached?

Since this is discretionary Coverage, payouts are made proportionate to number of claims versus awarded funds. Refer to examples provided on the Rizzo.network site for clarification.

Can I stake more Alpha than the required amount during wallet Registration?

Yes, you can stake and un-stake as much Alpha as you choose. However, in the event of a claim, you’ll need to have the required amount of Alpha staked when the blockchain snapshot to assess payout is made.

Does my entire wallet balance count toward Coverage?

No, only the TAO staked through Rizzo Validator to Subnet 0 (Root) counts toward Coverage. Keep in mind, you must continue to hold the required amount of Alpha (as noted during Registration) to stay attached to the policy.

Can I qualify for Coverage by staking across multiple validators?

No, staking must be exclusively through Rizzo Validator to qualify.

Can I move my stake between Subnets and remain covered?

Yes, but you must always keep the required amount of Alpha (as determined during at time of Registration) in your wallet.

What happens if I transfer my wallet balance to another address?

Coverage is linked to your original wallet. If you transfer assets, you must re-register with the new wallet. Simply un-stake and re-stake to SN 0 (Root) through Rizzo Validator using your new wallet.

Can I add multiple wallets to the same Coverage policy?

Yes, but Coverage is tied to a single wallet address, so each one must complete the Registration process.

Does Coverage apply retroactively?

No, Coverage only applies to events that occur after the two-week waiting period.

If I un-stake and then re-stake with Rizzo Validator, do I have to re-register my wallet?

No. As long as your Alpha tokens remain staked, your wallet retains Coverage.

Does Rizzo Validator guarantee claim payouts?

No, all payouts are discretionary and depend on Coverage Provider acknowledging and approving payouts post-event.

Can I transfer my Coverage to another wallet?

No, Coverage is non-transferable and applies only to the registered wallet.

What happens if Rizzo Validator ceases operations?

If the validator shuts down, Coverage will no longer be active, and delegators will be notified.

Can I dispute a denied claim?

No, all claim decisions are final and based on blockchain verification.

Is there a maximum Coverage limit per user?

Coverage will scale based on the token holder’s TAO staked at Root (Subnet 0), compared to the overall staking pool, versus total coverage amount, and payout limits may apply.

Does the Coverage extend to Alpha tokens or external DeFi protocols?

No, Coverage only applies to TAO staked on Subnet 0 (Root) through Rizzo Validator.

If I delegate my stake to another Validator, do I still qualify?

No, you must directly stake through Rizzo Validator to be eligible.

Can I manually request a claim, or is it automatic?

Claims are automatic based on a qualifying event, and reviewed only if a covered event occurs and is verified through blockchain snapshots. Payout timing will be announced once the audit and evaluation is completed.

What if I stake through Rizzo Validator but don’t register for Coverage?

Coverage is not automatic – users must manually enroll through the Rizzo.Network website’s “Coverage” page, using the “Register my Wallet” function.

Are there any geographical restrictions for Coverage eligibility?

No, Coverage is available to any user who meets the staking requirements and successfully registers their wallet.

Does the amount of Coverage increase regularly?

Coverage amount will increase proportionately to delegate revenue. Rizzo Network intends to increase coverage on an ongoing basis.

Can Rizzo Network change the Coverage rules in the future?

Yes, policy updates may occur, and delegators will be notified of any changes via the Rizzo.network website, and our public Discord and Twitter/X channels.

Why does the “Terms & Conditions” documentation refer to NFT’s instead of TAO tokens?

Per the Coverage Provider, the references to the NFT in the wording is an essential part of claims and it’s essential to establish the role and use of the NFT within their processes. Removing this would fundamentally no longer allow the cover wording to accurately represent the agreement, process or claims arrangement. For the purposes of clarity, TAO tokens on the Bittensor blockchain are considered NFT’s by this policy.

I don’t see my answer here. How can I get support?

You can reach out to us using this form. We generally respond within 48 hours.

Ready to Secure Your Stake?

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