Traditional insurance is slow, bureaucratic, and prone to fraud. Farmers imply wait months for payouts.
Parametric logic triggers payouts automatically when weather APIs verify adverse conditions via Flare's FDC.
Pay premiums and receive payouts in native assets like BTC, XRP, or DOGE bridged trustlessly to Flare.
We leverage Flare's enshrined oracles to build a system that is both trustless and data-rich.
Real-time FLR/USD price feeds for accurate premium calculation.
Verifies off-chain weather API data trustlessly on-chain.
Deep liquidity pools allow localized staking and yield generation.
# Verifying weather conditions...
> Querying FDC for Location: 'London'
> FTSO Price 'C2FLR': $0.0129
> Condition: Rain > 5mm (Threshold Met)
> Payout Triggered: 5000 USD