proceeds

Proceeds are the connective tissue of ensurance—routing holistic value between participants, instruments, and natural assets.

why

Value in ensurance doesn't stay static. It flows:

From flow investors (premiums) to the protocol
From trading activity to agents
From agents to natural assets
From the protocol back to participants
In cycles that mirror nature's water cycles

Proceeds make these flows automated, transparent, and composable.

what

the water cycle metaphor

Proceeds operate like water in a watershed:

Natural Process	Proceeds Analog
Precipitation	Value enters the system (premiums, trades, purchases)
Collection	Proceeds accumulate in basins (agents, pools)
Flow	Value routes downstream (to natural assets)
Evaporation	Returns cycle back (yields to participants)

This creates a perpetual flywheel—activity generates proceeds, proceeds fund protection, protection enables more activity.

inflow sources

Proceeds originate from multiple sources:

Source	Type	Description
Ensurance premiums	Recurring	Payments from flow investors (ecosystem-dependent members investing in risk reduction)
Trading fees	Activity-based	DEX swap fees from coin trading
Certificate purchases	Direct	Capital from members and participants buying certificates
Pool fees	Activity-based	Liquidity provider fees
Protocol rewards	Programmatic	Automated distributions from protocol activity

Premiums from flow investors are the primary recurring inflow that sustains the system long-term. Trading fees and pool activity provide additional proceeds that scale with participation.

proceeds types

Type	Source	Flow
Premium proceeds	Flow investor premiums	To stock investors (certificate yield) + stewardship
Trading fees	DEX swaps	To liquidity providers + protocol
Protocol rewards	Protocol activity	To coin/certificate holders
Agent proceeds	Agent holdings	To agent TBA holders
Asset proceeds	Natural asset activity	To policyholders

proceeds contracts

Proceeds are implemented using composable onchain primitives:

Contract Type	Function
Splits	Divide incoming funds by percentage
Streams	Continuous flows over time
Swappers	Convert proceeds to target tokens
Teams	Managed distribution groups

These primitives compose. A split can feed into a stream, which feeds into a swapper, which feeds into another split.

how

split mechanics

Splits divide funds among recipients:

Incoming Funds
      ↓
   Split Contract
      ↓
┌─────┴─────┐
│           │
40%        60%
│           │
Agent A   Agent B

Splits are immutable once deployed. Recipients can be EOAs, agents, other splits, or contracts.

stream mechanics

Streams provide continuous flows:

Funded Amount: $10,000
Duration: 365 days
Recipient: Natural Asset Agent

Flow rate: $27.40/day (claimable anytime)

Streams ensure consistent funding over time rather than lump payments.

swapper mechanics

Swappers convert incoming tokens:

Receives: Any ERC-20
      ↓
   Swapper Contract
      ↓
Outputs: $ENSURE (or target token)
      ↓
   Recipient

Swappers use DEX aggregation to find optimal routes.

the full flow cycle

Proceeds connect the two-sided capital structure to natural asset protection:

Flow Investors (ecosystem-dependent members)
        ↓ (premiums)
   Proceeds Contracts (splits, streams)
        ↓
   ┌────┴────┐
   │         │
 Yield    Stewardship
   │         │
 Stock    Natural
 Investors  Assets

This cycle is the ensurance mechanism in motion—premiums from those who depend on nature fund protection and generate yield for those who finance it.

distributions

Distributions (not dividends) are the mechanism by which value flows to members. Distributions include all types of value — ecological, cultural, social, and financial — not just monetary returns.

Eligibility: Only members (agent account holders) who hold certificates in wallets connected to their agent receive distributions. Participants who hold instruments but lack an agent account do not receive distributions.

The term "distributions" (not "dividends") is used for both legal compliance (DUNA structure, US securities law) and accuracy — the value flowing through the protocol is holistic, not purely financial.

visualization

The /proceeds page visualizes these flows as a node graph:

Nodes represent agents, splits, streams, swappers
Edges represent value flows
Animation shows active proceeds movement

querying proceeds

GET /api/proceeds                 # All proceeds contracts
GET /api/proceeds/{address}       # Specific contract
GET /api/proceeds/agent/{address} # Agent's proceeds

technical implementation

Built on: 0xSplits protocol

Contract types:

SplitMain — Core split functionality
SplitWallet — Receives and distributes
Swapper — Token conversion
Vesting — Time-locked streams

Key features:

Trustless, immutable splits
Composable routing
Gas-efficient batch operations
No protocol fees on splits

creating proceeds flows

Proceeds contracts are created by:

Protocol for system-level routing
Groups for member distributions
Agents for sub-agent routing

Contact the protocol to set up custom proceeds flows.

ensurance — The member-owned protocol and two-sided capital structure
coins — Trading fees generate proceeds
certificates — Asset proceeds flow to holders
agents — Recipients of proceeds
pools — Liquidity pool proceeds