Impermanent Loss Insurance Claim Tool

WHAT IT DOES

The Impermanent Loss Insurance Claim Tool enables submission of claims against impermanent loss insurance policies. It reads comprehensive state from insurance and pool contracts including policy ID, coverage amount, claimable amount, claim eligibility, claim windows, claim history, policy status (pending, active, expired, claimed), claim status (none, pending, approved, rejected, paid), coverage periods, deductibles, impermanent loss amounts, price volatility, pool composition, and platform fees. Users can submit claims using multiple methods: claimInsurance with proof, submitClaim for standard submission, processClaim with force option, or requestPayout for payout requests. The tool displays coverage details, claimable amounts, claim windows, and claim history, providing full visibility before submitting IL claims.

HOW TO USE

Connect your Web3 wallet and paste the insurance contract address and pool contract address. The tool never hardcodes addresses—you specify the contracts you're vouching for. Enter the policy ID, select the claim method, specify the claim amount, and provide claim proof or evidence describing the impermanent loss event. Check "Approve token spending" to handle approvals automatically or "Force claim" to bypass eligibility checks. Click "Fetch claim state" to view policy holder, coverage amount, claimable amount, policy status, claim status, claim window, impermanent loss percentage, deductible, platform fee, and claim history. Review the displayed policy details and claimable amount carefully—claims must be submitted within the claim window and meet all conditions. Click "Submit claim" to submit the claim transaction. Transaction status, gas costs, and confirmation are displayed upon completion.

MECHANICAL ADVANTAGE: COMPREHENSIVE INSURANCE STATE AGGREGATION WITH CLAIM DISCOVERY

Unlike hardcoded claim tools that only show policy status, this tool fetches nine different state variables in parallel using Promise.all with individual error boundaries, ensuring that a revert in one view function doesn't prevent retrieval of other critical metrics. The tool automatically discovers claim history by iterating through claim indices until it hits empty entries (capped at 10 for performance), displaying claimant addresses, amounts, and status for full transparency. The tool dynamically selects the appropriate claim method based on user input—claimInsurance with proof, submitClaim for standard, processClaim with force, and requestPayout for payout requests. Gas estimation factors in claim method complexity, and the tool uses receipt.effectiveGasPrice post-transaction for accurate cost reporting rather than relying on the pre-EIP-1559 gasPrice cap. Claim windows, deductibles, and impermanent loss metrics are displayed prominently, enabling informed claim decisions.

WHAT IT CANNOT SEE

This tool cannot verify that the insurance contract or pool contract is legitimate or has not been compromised. It cannot detect if the claim parameters have been manipulated or if the contracts have been upgraded or modified. Claim submission may not execute at optimal gas price due to network conditions or succeed if the contract is paused or frozen. The tool cannot recover funds if execution fails due to contract bugs or insufficient approval. It cannot verify that claim parameters are valid, predict gas prices during congestion, or detect if the claim has been front-run. The tool cannot ensure that the claim will be paid, verify off-chain price calculations, or provide financial or investment advice. It cannot guarantee that coverage will be honored, verify the accuracy of impermanent loss calculations, ensure that all conditions for claims are met, or track claim status outside of the tool. Claims may be rejected if conditions are not met, if proof is insufficient, or if the claim window has expired.

PLEASE NOTE

This tool operates on EVM-compatible chains only. It reads from and writes to insurance contracts but provides no financial or investment advice. All claim decisions remain your responsibility. Always verify contract addresses, policy IDs, and claim amounts before submitting transactions. The tool displays current state but does not automatically submit claims—you must review and confirm each transaction through your wallet. Gas costs vary by network conditions; the tool estimates but cannot guarantee optimal pricing. Claims are subject to deductibles, claim windows, and eligibility conditions—ensure you meet all requirements before submitting. Claim proof should clearly demonstrate the impermanent loss event—insufficient proof may result in claim rejection.