Restaking Slashing Insurance Purchaser
Free to download on every platform. Comes pre-installed on BotFone, BotPad and BotFlip — with extra free apps included.
About this app
WHAT IT DOES
Restaking Slashing Insurance Purchaser connects to any EVM-based slashing insurance contract and enables you to purchase coverage for your restaking positions with a single click. The tool reads comprehensive contract state including user's staked position, insurance coverage amount, premium rate, token address, user address, current block timestamp, insurance history, policy status, coverage period, and slashing risk metrics. It then displays your staked position, coverage amount, premium rate, slashing risk metrics, token type, and policy status. When you have a staked position and enter a valid coverage amount, the tool enables a one-click purchase transaction. The tool handles multiple purchase function signatures (purchaseInsurance, buySlashingCoverage, executePolicyPurchase) and automatically detects the correct function to call. After submission, the tool displays the transaction hash and refreshes the contract data to show the updated policy status. This is ideal for validators, stakers, and restaking participants who want to protect their positions from slashing events.
HOW TO USE
Connect your Web3 wallet (MetaMask, WalletConnect, or any EIP-1193 provider). Select the correct network for your insurance contract — the tool supports Ethereum, Polygon, Arbitrum, Optimism, Base, Avalanche C-Chain, and BNB Chain. Paste your slashing insurance contract address into the input field. The tool reads the contract using a default ABI that covers standard insurance purchase functions, but you can paste a custom ABI if your contract uses non-standard naming. Enter the coverage amount you want to purchase and the coverage period in days. Review the displayed data carefully: your staked position, coverage amount, premium rate, slashing risk metrics, token type, coverage period, and policy status. The status indicator will show "Active" when the policy is active, "Purchased" after successful purchase, "Pending" while processing, or "Eligible" when you are eligible to purchase. When you have a staked position and have entered a valid coverage amount, the "Purchase insurance" button becomes enabled. Click it to submit the purchase transaction — the tool will show a confirmation dialog with all details, submit the transaction with the correct premium value, and wait for confirmation. After successful execution, the contract data refreshes automatically to show the updated policy status.
THE REAL MECHANISM
This tool does not assume a single purchase interface — it adapts to the contract's actual implementation. It first detects the correct purchase function by testing common names (purchaseInsurance, buySlashingCoverage, executePolicyPurchase) through static calls, falling back to the user-provided name if none are found. For insurance data, the tool reads stakedPosition(yourAddress) to check your eligible amount, premiumRate() to calculate the cost, slashingRiskMetrics() to display the risk assessment, token() to identify the payment currency, policyStatus() to determine the current state (0=active, 1=purchased, 2=pending, 3=eligible), and hasPolicy(yourAddress) to prevent duplicate purchases. The tool calculates the premium based on the coverage amount and premium rate, then enables the purchase button only when you have a staked position and haven't already purchased coverage. When you execute the purchase, the tool calls the contract's purchase function with the coverage amount and premium value, which underwrites your policy and activates coverage for the specified period. All transaction parameters are estimated using eth_estimateGas and sent with the wallet's preferred gas strategy. The tool monitors the transaction receipt and extracts the effectiveGasPrice to display actual gas cost, not the cap.
WHAT IT CANNOT SEE
Restaking Slashing Insurance Purchaser cannot verify that the slashing insurance will be honored by the protocol or that the coverage will be paid out in the event of a slashing event. It cannot detect if the insurance terms, premium rates, or coverage amounts have been changed without notice. It cannot guarantee that the coverage amount will be sufficient to cover potential losses. It cannot ensure that the insurance contract has not been upgraded, modified, or paused by its owner. It cannot prevent the protocol from pausing, adjusting, or cancelling insurance at any time. It cannot recover funds if the purchase transaction fails due to contract bugs, out-of-gas errors, or network conditions. It cannot verify that the validator is eligible for coverage or that the risk metrics are accurate. It cannot detect if the insurance contract is malicious, contains hidden fee structures, or has been deployed by an untrusted party. It cannot validate that the premium calculation is correct or that the coverage period is appropriate. It cannot predict future slashing events, coverage needs, or changes in premium rates.
PLEASE NOTE — EVM CHAINS ONLY
This tool works exclusively with EVM-compatible blockchains. Non-EVM chains are not supported. The tool does not deploy contracts, manage private keys, or sign anything outside the connected wallet's secure environment. It is a read-and-execute interface that relies entirely on the slashing insurance contract's implementation and the purchase logic defined therein. Always verify the insurance contract address and premium terms directly on-chain before purchasing.