/APP/HUMAN/PRODUCTS
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● ACTIVE0xd51a…3030Flash ETH 1h
ETH drops 4% from purchase price within 1 hour. If the trigger fires during your policy term, you receive a ClaimBond for the full payout amount, redeemable in $LUMINA at maturity.
TRIGGER LOGIC · CHAINLINK ORACLE
IF chainlink_eth_usd · ETH drops 4% from purchase price within 1 hour
THEN mint_claimbond(buyer, payout=cover×80%, maturity≈730d)
ELSE burn(premium → LUMINA via TWAPBurner)WHAT HAPPENS NEXT
STEP 01
Approve USDC
Allow CoverRouterV2 to pull premium
STEP 02
Buy policy
Premium routes to TWAPBurner
STEP 03
Oracle watches
Trigger window starts
STEP 04
Bond or burn
Trigger → ClaimBond / no → LUMINA burned