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On-chain insurance
for crypto

Protect your crypto from loss by creating an insurance smart contract - it will move your assets to a safe place if you lose access to your wallet or if something happens to you.

trusted by

use cases

loss of access to wallet
If you lose access to your wallet and forget the seed phrase, the smart contract will transfer your assets to a backup address. The transfer can be initiated due to the inactivity of your address or on-chain through social recovery.
death
If something happens to you, the smart contract will distribute your assets among the heirs you have designated. Recipient addresses are hard-coded into the smart contract - it is impossible to transfer assets to any other address.

we know

1500
BTC is lost
every day
29%
of all Bitcoins are already lost
$400
billion - market value of lost Bitcoins

we solve

01
Select assets you want to protect, indicate recipients and the circumstances that may trigger the recovery.
02
Deploy the smart contract directly from your wallet and allow it to transfer tokens from your address. You won't have to share your seed phrase, and Tezoro won't have access to your assets at any point of time.
03
Congratulations! Now the smart contract is able to recover assets from your address, even if you lost access to it or died. Recipients are immutable, which guarantees the safety of your assets.

facts

recipient addresses are immutable (hard-coded into the smart contract) - no one can replace them
secure
number of tokens you can protect in one smart contract
25
share of capital that is charged for on-chain insurance service once a quarter
0.1%
number of recipients that can be specified in one recovery smart contract
five
your assets remain available without any restrictions
Full access
specify three addresses that will be authorized to initiate the recovery of your assets via Etherscan by voting (2/3)
Decentralized
security buffer: you can cancel the transfer of your assets during this period
30 days
independent audits completed
two
your assets may be automatically recovered due to inactivity of your address
Automated

faq

SECURITY
Why should I trust Tezoro?
  • 1.
    Tezoro does not have access to your assets or seed phrase at any point of time.
  • 2.
    Tezoro uses smart contract technology - a program that cannot be hacked if it is created without vulnerabilities. Recipient addresses you specified are hard-coded into your recovery smart contract - no one can replace them. Thus, it is technically impossible to transfer your assets to any other address.
  • 3.
    The source code of the Tezoro smart contract is published and verified on Etherscan.
  • 4.
    Tezoro smart contract has been audited by CertiK.
  • 5.
    Tezoro has been audited by Consensys Diligence.
Do I have to share my seed phrase to create a smart contract?
No.
Who can replace the recipients I specified in my smart contract?
No one in the world, not even you or Tezoro CTO.
Why is it impossible to hack my smart contract?
Tezoro uses smart contract technology - a program that cannot be hacked if it is created without vulnerabilities. Recipient addresses you specified are hard-coded into your recovery smart contract - no one can replace them. Thus, it is technically impossible to transfer your assets to any other address.
Does Tezoro have access to my funds?
No, Tezoro does not have access to your funds at any point in time.
Is Tezoro anonymous?
Yes, Tezoro is an anonymous service. You do not need to go through KYC, connect a credit card, or do anything else to verify your identity.
What happens if my Tezoro account is hacked?

Safety is our #1 priority. We take the highest measures to protect our infrastructure.

Tezoro uses smart contract technology - a program that cannot be hacked if it is created without vulnerabilities. Recipient addresses you specified are hard-coded into your recovery smart contract - no one can replace them. Thus, it is technically impossible to transfer your assets to any other address.

TECHNOLOGY
Why is Tezoro better than competitors and abstract wallets?
  • 1.
    Easy-to-use: you can create a smart contract in three clicks.
  • 2.
    Non-custodial: Tezoro does not have access to your assets at any point in time and you don't have to share your seed phrase to protect your assets. The only thing you allow Tezoro to do is initiate a recovery - the transfer of your assets to your recipients.
  • 3.
    Secure: Tezoro uses smart contract technology - a program that cannot be hacked if it is created without vulnerabilities. Recipient addresses you specified are hard-coded into the smart contract - no one can replace them. Thus, it is technically impossible to transfer your assets to any other address.
  • 4.
    Automated: your assets can be recovered due to inactivity of your wallet.
  • 5.
    Decentralized: you can specify three addresses that will be able to initiate the transfer of your assets via Etherscan: your assets will be protected even if Tezoro does not exist.
  • 6.
    Your assets remain available without any restrictions in the same wallet. You can spend it down to zero and top up your account again.
Do my assets become locked after I create a smart contract?
No, you can continue to use your assets as before. After creating a smart contract, you keep your assets in your wallet without any restrictions.
Is Tezoro a no-code solution?
Yes, Tezoro is a 100% no-code solution. You do not need to write any code to create a smart contract.
What is the smart contract execution process?
  • 1.
    One of the triggers initiates the recovery transfer;
  • 2.
    30-day security buffer period;
  • 3.
    Your assets are transferred to the smart contract;
  • 4.
    The smart contract distributes your assets among the recipients according to the proportion you specified.
What happens if there are not enough funds in my address to pay the transaction fee at the moment of execution of my smart contract?
Don't worry - it's on us. Tezoro will pay a gas fee to execute your smart contract.
SERVICE
What is Tezoro?
Tezoro is a non-custodial service that allows you to insure your crypto against loss by creating a smart contract.
Can I use Tezoro with my mobile phone or tablet?
Yes, simply visit tezoro.io through a browser in your wallet app.
How many recipients can I specify in one smart contract?
Up to five recipients. You can also specify a proportion - smart contract will automatically calculate it and distribute your assets.
What should recipients do to receive the assets?
Nothing. The transfer will happen automatically.
How many different tokens can I bequeath in one smart contract?
Up to 25 different tokens. All available assets in these tokens will be distributed among your recipients if one of the triggers is set off.
What circumstances may initiate a recovery transfer?
You can select one option or both:
  • 1.
    Your address is inactive for X months (you decide how long);
  • 2.
    Social recovery - you can specify three addresses that will be authorized to initiate the recovery transfer via Etherscan by voting (2/3). It's simple - here's the guideline.
Is the smart contract revocable?
Yes, once the smart contract is initiated, you have 30 days to cancel the transfer. You can also switch the contract to a terminal state via Tezoro Dashboard or Etherscan, so the transfer will never be completed.
Can I insure Bitcoin and ETH?
Yes, you can insure Bitcoin and ETH using Tezoro, however you should swap them for a wrapped version: cbBTC, wETH, etc.
What networks and tokens does Tezoro support?
Tezoro supports the ERC-20 network and the top 3500 tokens by capitalization, according to CoinMarketCap.
What wallets does Tezoro support?
Tezoro supports MetaMask, Safe, and wallets available via WalletConnect.
Can I use my crypto after creating a smart contract?
Yes, your crypto remains available in your wallet without any restrictions. You can stake, transfer or withdraw it.
How can I manage my smart contracts?
You can manage your recovery smart contracts via Tezoro Dashboard or Etherscan.
What is the subscription price for on-chain insurance?
On-chain insurance costs 0.1% of protected tokens and is charged quarterly (every three months). To provide decentralization and the highest level of security, Tezoro creates a separate smart contract for each customer, so there is a transaction fee for deployment.