Validator Slashing Insurance Purchase Tool

WHAT IT DOES

This tool provides on-chain purchase and management of validator slashing insurance, protecting against financial losses from validator slashing events. It reads your connected wallet address, insurance pool contract address, validator address, coverage amount, premium amount, policy duration, policy expiration timestamp, current block timestamp, policy status, slashing event detection, and claim eligibility. You can then sign and send transactions to purchase slashing insurance policies, pay premiums, submit slashing claims, claim payouts, and record policy metadata on-chain. All policy parameters are displayed in a clear review panel before you sign, so you know exactly what you are insuring. The tool also logs transaction hashes, confirmation status, and gas costs, providing a complete audit trail of all policy activities.

HOW TO USE

Connect your wallet using the built-in wallet bridge, choose the network that matches your insurance pool contract, and paste the pool contract address. Enter the validator address you want to insure against slashing, the coverage amount in raw units, the premium amount, the token decimals, and the policy duration in seconds. The review panel shows all inputs and the current block timestamp before you sign. Use the numbered action buttons: approve premium to approve the pool to spend your premium tokens (if using ERC-20), purchase policy to buy slashing insurance coverage for the validator, or submit slashing claim to file a claim if a slashing event occurs. You can also check policy status to view current policy state, slashing status, and eligibility. Each transaction is signed sequentially, and the tool displays transaction details and confirmation status.

THE REAL MECHANISM

This tool uses ethers.js v5.7.2 to build and send transactions through the wallet's signer. It does not rely on any hardcoded contract addresses – you paste the contract you are using, so you are in full control. When you purchase a policy, the tool constructs a contract call to the purchasePolicy function, which checks the coverage amount, premium, and duration, then creates a new policy for the specified validator address. The policy is tracked by a unique policy ID, which the tool attempts to parse from the PolicyCreated event in the transaction receipt. The tool also reads policy state via getPolicy, which returns the owner, validator, coverage, premium, expiry, slashing status, and active status. When you submit a slashing claim, the tool calls the submitSlashingClaim function, which verifies that a slashing event has occurred and that the policy is still active. The tool also supports checking claim eligibility via isClaimEligible, which verifies that the policy is active, not expired, not already claimed, and that the slashing condition has been met. All transactions are sequential to prevent nonce conflicts, and gas costs are calculated using effectiveGasPrice for accurate post-EIP-1559 reporting.

WHAT IT CANNOT SEE

This tool cannot verify off-chain validator behavior, detect real-time slashing events, ensure insurance pool solvency, or verify that the insurance contract handles claims correctly. It cannot detect if a slashing event actually occurred on-chain or off-chain, or if the validator was genuinely penalized. The tool also cannot verify that the pool has sufficient funds to cover all claims, or that the insurance contract correctly handles edge cases like multiple claims, partial slashing, or malicious claims. It cannot simulate the outcome of a transaction before you sign it, nor can it guarantee that the claim will be processed correctly if the contract is not properly implemented. The tool cannot verify that the validator address is valid or that the coverage amount is appropriate.

PLEASE NOTE

This tool works only on EVM-compatible chains supported by your wallet and provider. Always double-check the contract address, validator address, and parameters before signing. Use testnet first. The tool is a transaction-signing interface and policy management tool, not a validator monitoring or slashing detection system.