How it works underneath
Insurance verified first because clawback was unenforceable.
Payout speed has always been capped by investigation speed, because once the money left it could not come back. Upfront pays in the filing transaction, against a bond, and lets the verification run afterwards. A false claim reverses on its own. That is a different product, not a faster one.
The rules
- Underwriters fund a pool. That pool pays claims first.
- You file with a bond of one tenth of the claim. The claim is paid to you in the same transaction, in full.
- A verifier rules on the claim afterwards. Proven: your bond comes back. Reversed: the bond is forfeited to the pool, the payout is recorded as owed, and you cannot file again until you settle it.
- All of that lands in the verdict's own block. There is nothing to wait for and nothing to dispute.
What is enforced, exactly
The payout is real and leaves the contract when you file. What the contract enforces on a false claim is the bond, the debt, and the block on filing again. The money already paid is owed, not seized. That is the honest shape of pay-first insurance today, and the bond is sized so that lying is not worth it for the claims the pool covers.
What you see without a wallet
An example network of claims, each paid at once and proven over a few checks, with about one in twelve reversing. It is labelled example wherever you act on it. Connect, and filing pays real USDC from a deployed pool.
Why Arc
Paying before proving only works if the payment lands at once and taking it back is certain. On Arc the payout is final in under a second and cannot be front-run or left pending, and the bond, the debt and the block on the claimant are enforced by the same contract in the same block as the verdict.
- Network
- Arc
- A payout is final in
- under 0.5s
- Filing costs about
- $0.001