How it works
Watch the value move.
From premium to payout, every step is escrow plus one impartial read of the source.
Holder
Writes the policy, pays the premium.
Insurer
Stakes the full payout into escrow.
Contract
Reads the source. Condition true → pays the holder. False → returns the stake.
0Active policies
0GEN payout locked
0Settled on-chain
On-chain, right now
-Live policies
Reading the chain…
Questions
Good to know
Who funds the payout?
The insurer who underwrote the policy. They stake the full payout into the contract up front, so the funds covering you are escrowed from day one.
How does it decide if the condition is true?
At settlement the contract fetches the public source on-chain and a validator set reads it. They must converge on the same true/false answer before any funds move.
What if no insurer takes my policy?
It stays open and you can cancel to reclaim your premium. A policy only goes live once an insurer stakes the payout.
Cover something measurable.
If the truth lives on a public page, Sibyl can insure against it.