Nimbus is a decentralized parametric risk protocol on Solana. Set a rainfall index, a threshold, and a payout amount. When the oracle confirms the trigger — USDC arrives automatically.
No claims process. No adjusters. No human decisions. This is not traditional insurance.
Parametric coverage replaces subjective claim assessments with objective data. If the number crosses the line, you get paid. Period.
Choose a geographic zone and whether you need drought or flood protection. Coverage is tied to objective weather data — not your specific farm or property.
Pick Sum, Mean, or Max rainfall measurement. Set a threshold: if the index crosses it, you're paid. Automatically. No paperwork.
Our off-chain engine generates a cryptographically signed quote valid for 120 seconds. Your premium is locked — no slippage, no surprise.
When your observation window ends, on-chain oracle data is compared to your threshold. If triggered, USDC lands in your wallet. No claims. No adjusters.
Three ways to measure rainfall. Each answers a different question about your exposure.
Total accumulated rainfall across the entire observation window. Best for seasonal crop insurance — you care about the whole growing season.
Average daily rainfall. Best for sustained drought — protects against long periods of below-average precipitation.
Single highest-rainfall day. Best for flash flood protection — one extreme event triggers the payout.
Index stays below threshold → Payout triggered ✓
Index crosses above threshold → Payout triggered ✓