Wentyom Web@wentyom

Arc Climate Pay is a fully on-chain parametric weather insurance protocol built on Arc Network Testnet. Users purchase USDC-denominated policies against real climate conditions — frost, heat, heavy rain, drought, and high wind. When the on-chain oracle confirms a trigger, the smart contract executes the payout automatically. No claims process. No adjusters. No waiting. Just code. HOW IT WORKS Users connect their wallet and select a city (11 global cities supported), risk type, threshold, premium (5–20 USDC) and duration (7, 10 or 30 days). A weather oracle running 24/7 fetches real data from Open-Meteo API and writes it to the WeatherOracle contract every 10 minutes. When the condition is met, the payout executes instantly in USDC — no manual action required. AI AGENT & NANO-PAYMENTS The core innovation is the built-in AI agent powered by Groq (llama-3.3-70b-versatile). For just 0.01 USDC paid on-chain, the agent analyzes live oracle weather data and recommends optimal policy parameters. User pays → AI analyzes → policy deploys in two clicks. Arc's predictable USDC fees and sub-second finality make this micro-payment model economically viable at scale — exactly what the agentic economy requires. WHAT THIS UNLOCKS Climate risk is underfunded in DeFi. Farmers, businesses and individuals face real weather exposure — but traditional insurance is inaccessible, expensive and slow. Arc Climate Pay makes parametric weather protection available to anyone with a wallet. Combined with AI-powered policy generation at 0.01 USDC per query, it demonstrates that the agentic economy is already working on Arc Network today. COVERAGE 11 cities: Istanbul, New York, London, Tokyo, São Paulo, Seoul, Paris, Berlin, Dubai, Sydney, Mumbai. 5 risk types: Frost, Heat, Heavy Rain, Drought, High Wind. Premium: 5–20 USDC · Payout: up to 1.9× net premium · Duration: 7, 10 or 30 days.

In this hybrid hackathon powered by Arc and Circle, developers will build the next generation of Agentic economic applications using Circle’s Nanopayments infrastructure with settlement on Arc in USDC. For the first time, high-frequency, usage-based transactions between users, APIs, and AI agents can operate without gas overhead eroding margin. Arc provides stablecoin-native settlement with predictable, dollar-denominated USDC fees and deterministic, sub-second finality — enabling real-time coordination and economically viable per-action pricing at scale. 📅 April 20 – 26, 2026 • Apr 20 – 25 (Online): Submit projects by Apr 25. • Apr 25 (On-site Build – SF, CA): Teams refine projects. • Apr 26 (On-site Demos & Awards – SF, CA): Live pitches & winners announced. Get guidance from Arc and Circle experts through on-site support. 📍 On-site Venue (April 25-26): MindsDB SF AI Collective 3154 17th St, San Francisco, California, USA 🤝 Go solo or team up, it's your flow. 🏆 Compete for a $15,000+ Prize Pool. 📍 Please note: If approved for the on-site experience, you’ll also have the opportunity to showcase your project live. Travel and accommodation will not be covered. 🧑🏻‍💻 Secure your spot now – sign up before the Kick-Off Stream!