A lot of covers are being purchased right now in anticipation of Armor farming starting tomorrow. Just like with SAFE, should we increase cover premiums temporarily in response to the demand?
Edit: Given the farming projects are already maxed out, raising premiums would just make it worse for people who legitimately want to buy cover on other projects. What about raising the max cover amount for the farming projects? The proof of loss wording gives the mutual protection in case there’s a hack since I highly doubt people farming covers actually have $14M or so locked in a project. And stakers will get more fees from the short-term demand.