Hey there @noltekm . The more one looks into this, the deeper the rabbit hole gets.
Which makes sense: we are at a complex intersection (legal/business/tech). The more I looked into potential products - I simply couldn’t find one that would offer the type(s) of protection that I was hoping for.
I consult on the side, so initially I was thinking perhaps a business umbrella policy might be possible. When you start to shopping/unpacking these policies though, the “software” as well as the self governance aspects would likely run afoul of most conventional products.
Then I thought about the ‘what if(s)’ that I was most concerned about. In each case, I was hard pressed to see why an insurer would feel compelled to pay out. There just seemed to be too many reasons or avenues that they could use to get out of a claim.
To be clear, we are not utilizing our commissions in the traditional sense. Rather, they are being used as a form of governmental attestation as to our identity…
As for best routes, that’s really hard. The idea of self insurance, which is less than ideal might be the only tool available. This is less than ideal for a number of reasons: one must be disciplined and capital is basically frozen/inactive. This also is non-ideal as it unfairly impacts new validators.
I think that I would like to see a pledge by all validators to shoulder a potential issue using the lens of equity (not one of equality).