How Tonsurance Works
Parametric coverage makes risk protection simple, transparent, and lightning-fast. No claims process, no waiting weeks for payouts.
Just automated smart contracts on TON blockchain.
Get Protected in 3 Steps
Choose Coverage
Select your risk type and coverage amount. Chat with Tonny on Telegram to get a live quote.
- •Stablecoin depeg protection
- •Smart contract exploit coverage
- •Oracle failure protection
- •Bridge security coverage
Deploy Contract
Your smart contract deploys automatically to TON blockchain. All parameters are set in the contract code.
- •Coverage amount locked in contract
- •Trigger conditions defined
- •Duration set (7-365 days)
- •Premium paid upfront
Automatic Payout
When trigger conditions are met, payout executes automatically. No claims forms, no waiting!
- •Oracles monitor conditions 24/7
- •Trigger fires when threshold met
- •Payout in 5-10 minutes
- •Funds sent to your wallet
Parametric vs Traditional Coverage
Traditional Insurance
Tonsurance Parametric
How Triggers Work
Stablecoin Depeg Example
"You buy coverage for USDT at 0.5% depeg threshold"
Bridge Security Example
"You protect $10,000 in a TON-ETH bridge"
Common Questions
What happens if the trigger condition is never met?
Your premium is not refunded - this is how coverage works. Think of it like car insurance: you pay the premium whether or not you have an accident. The premium covers the risk during your coverage period.
How do I know the oracles are accurate?
We use multiple independent oracles with cross-verification. If oracles disagree, no trigger fires (protecting against false positives). All oracle data is publicly verifiable on-chain.
Can I cancel my coverage early?
Currently, coverage contracts run for their full duration and cannot be cancelled early. This keeps pricing fair for all participants. Choose your duration carefully!
What if there's a dispute about whether the trigger fired?
There can't be disputes! The smart contract code defines exact trigger conditions. Either the condition was met (payout happens) or it wasn't (no payout). Everything is objective and on-chain.
How are premiums calculated?
Premiums are based on: coverage amount, duration, risk type, and current market conditions. Tonny can fetch live rates for you! Chat with him on Telegram to get a quote. 💎
Ready to Get Protected?
Chat with Tonny on Telegram to get a live quote and deploy your coverage contract in minutes!
