- steps: ['Step 1: Register an account on the Frax AI platform.', 'Step 2: Verify your identity and complete any necessary KYC requirements.', 'Step 3: Deposit collateral or funds into your Frax AI account.', 'Step 4: Select and configure the insurance policy or credit default swap you wish to create or invest in.', "Step 5: Utilize the platform's tools to manage and monitor your positions.", 'Step 6: Participate in governance by staking Frax Shares (FXS) for veFXS tokens.']