Cover that exists only while you are exposed, priced per second, skimmed from the yield so it never leaves your pocket.

Insurance sells months because months are easy to bill. You pay thirty days of cover on funds that sat in a vault for three hours, and the price never notices that your position doubled on Tuesday and left on Wednesday. Per-second premium settlement is absurd anywhere a payment costs more than the premium it collects.

Enter a vault and cover switches on that second, for the size you hold. Yield accrues by the second; a thin slice of it, the premium, peels away by the second into the cover pool. Top up and the cover grows with the position. Exit and every second is settled on the way out. The screen is the yield as a stream with the slice visibly peeling off and the cover breathing around it. Nothing is clicked.

A premium priced per second only makes sense where settling it costs less than the premium. On Arc a payment costs a fraction of a cent, so cover can be metered by the second, skimmed from yield as it accrues, and switched off the instant the position closes.

• Premium share. A fifth of every premium to the platform, the rest to the pool. Already in the contract.
• Underwriting. Pool capital earns premiums; the platform takes a carry on pool returns.
• Embedded cover. Vaults and wallets embed Skim as a toggle and pay a per-position fee.

Tens of billions of dollars sit in yield vaults with no cover at all, because monthly cover on a position that lives for hours is unaffordable. Per-second cover makes the whole balance insurable, and every vault a distribution channel.

• Skim, live on Arc mainnet
• Skim.sol: five tests, metered by the second
• Deploy it from your wallet

1. Live nowThe stream, positions, per-second premium, the pool, settlement on exit, the premium share.
2. 90 daysYield from real Arc vaults instead of a posted reserve; claims flow with the verifier; pool investor deposits.
3. 6 monthsEmbedded toggle SDK for two vaults; risk pricing per vault; ten million dollars under cover.
4. 12 monthsSkim as default cover across Arc vaults; reinsurance of the pool.

A developer grant of USD 60,000 over six months funds real vault integration, the claims flow and the embedded SDK. Draft figure.

Built by one person, in the open, on a foundation that puts a new product on Arc in under an hour. Name your price, or free.

WhatsAppTelegram