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Arc Network · Parametric Risk Protocol

On-chain weather
risk settled
in USDC

Define your weather trigger, fund with USDC. When the oracle confirms your condition on-chain, your payout is released instantly — fully automated, fully verifiable, no intermediaries.

Fully on-chain
Auto settlement
No claims process
Smart contract secured
Platform Overview
Total Policies
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Active Policies
—
Premiums Underwritten
—
Total Paid Out
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Live data · Arc Network · Open-Meteo Oracle
Live Risk Data

Global weather monitoring

Via Open-Meteo · Updates every 10 minutes

IST
Istanbul
—
NYC
New York
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LON
London
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TKY
Tokyo
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SAO
São Paulo
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SEO
Seoul
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Policy Underwriting

Configure your coverage

Define your parameters below. All policy terms are immutable once confirmed on-chain.

Coverage Location
Risk Type
Trigger Threshold (°C)
Coverage Duration
Premium Amount (USDC) Min 5 · Max 20
Coverage Breakdown
Premium 5.00 USDC
Platform fee (7%) 0.35 USDC
Net premium 4.65 USDC
Payout if triggered 8.84 USDC
Why parametric?
Automatic. Instant. Trustless.
Traditional insurance means weeks of claims, paperwork, and disputes. With parametric insurance, a smart contract monitors conditions on-chain — when your trigger is met, payout happens automatically. No paperwork, no adjuster, no waiting.
Minimum trigger margins
❄️ Frost / 🌡️ Heat ±3°C from current
🌧️ Rain / 🏜️ Drought ±2mm from current
💨 High Wind +5 km/h from current
Important notes
• Trigger recording begins 2 hours after policy purchase
• Claims can only be submitted after policy expiry
• Payout = net premium × 1.9× multiplier
Weather data is sourced from Open-Meteo and submitted by our oracle contract. All policy terms are recorded immutably on the Arc Network blockchain.
Portfolio

My Policies

Connect wallet to view
Location
Coverage Type
Threshold
Premium → Payout
Expires
Status / Action
🔒
Connect your wallet
Connect your wallet to view your active and historical policies.
Risk Modelling

Payout scenario simulator

Adjust parameters to model potential payout scenarios under different risk assumptions.

Parameters
Premium (USDC) 10
Coverage duration (days) 7 days
Risk multiplier 1.9×
Potential Payout
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Scenario Distribution
Coverage Products

Select your risk category

Choose from five parametric insurance products designed to protect agriculture, operations, events, and infrastructure from climate risk.

❄️
Frost Protection

Triggered when temperature falls below your defined threshold. Ideal for agriculture and outdoor operations.

Temperature ↓
🌡️
Heatwave Coverage

Activates when temperatures exceed your threshold. Protect energy costs, livestock, and outdoor events.

Temperature ↑
🌧️
Rainfall Insurance

Triggered by excessive precipitation above threshold. Covers events, construction, and logistics.

Precipitation ↑
🏜️
Drought Protection

Activated when rainfall falls below threshold. Essential coverage for agriculture and water-dependent operations.

Precipitation ↓
💨
Wind Risk Coverage

Triggered by windspeed exceeding your threshold. Protects construction, renewables, and outdoor infrastructure.

Windspeed ↑
Infrastructure

Built on verifiable infrastructure

Every policy, every payout, every oracle update is recorded immutably on-chain. No black boxes. No hidden adjustments.

🔗
On-chain policy records

Every policy is stored in a smart contract on Arc Network. Terms are immutable from the moment of purchase — no one can change the conditions after the fact.

📡
Verified weather oracles

Meteorological data is sourced from Open-Meteo and submitted via an audited oracle contract. All data submissions are timestamped and verifiable on-chain.

⚡
Deterministic payouts

Payout logic is encoded in the smart contract. When conditions are met, the math is executed exactly as written — no human discretion, no delays, no disputes.

Risk Disclosure
Arc Climate parametric insurance policies are blockchain-based financial instruments settled in USDC. Payouts are dependent on oracle data accuracy and smart contract execution. This product is currently in beta and operates on Arc Network. Policies do not constitute regulated insurance under any jurisdiction. Please review all parameters carefully before purchasing. Past performance of oracle systems does not guarantee future accuracy.
FAQ

Common questions

How is my payout calculated? ›
Payout = (premium − 7% fee) × 1.9× multiplier. For a 10 USDC premium: 9.30 USDC net × 1.9 = 17.67 USDC. This formula is hardcoded in the smart contract and cannot be changed.
When can I claim? ›
Only after your policy expires (7, 10, or 30 days). If the weather condition triggered during that period, the Claim button appears automatically. Trigger recording starts 2 hours after purchase.
Where does weather data come from? ›
Data is sourced from Open-Meteo and written on-chain every 10 minutes by the Arc Oracle contract. All updates are timestamped and publicly verifiable on Arc Network.
What are the threshold margin rules? ›
Your threshold must differ from current conditions at purchase: Frost/Heat ±3°C · Rain/Drought ±2mm · High Wind +5 km/h. This prevents policies from triggering immediately.
Are there payout limits? ›
Yes — maximum 60 USDC per rolling 7-day period per wallet, and a 48-hour cooldown between purchases. Premium range is 5–20 USDC per policy.
Which wallets are supported? ›
MetaMask, OKX Wallet, Rainbow, and Coinbase Wallet. You need testnet USDC on Arc Network. The network is added automatically on first connect.
What network does this run on? ›
Arc Network Testnet — Chain ID 5042002. All transactions are verifiable at testnet.arcscan.app. This is a testnet product running with testnet USDC.