InsuranceDAO.World Docs
  • Introduction
    • 💡1.1 Overview
    • ✨1.2 Why InsuranceDAO.World?
    • 🔎1.3 Key Features at a Glance
    • 🦾1.4 Core Outcomes & Vision
    • 📚1.5 Reader’s Guide
  • The DAO & AI Vision
    • 2.1 A Real DAO Insurance: Secure Collaboration
    • 2.2 Powered by Advanced Algorithms & AI
      • 2.2.1 Real-Time Market Intelligence
      • 2.2.2 Lagrange Optimization in a Nutshell
  • Zorro NFT: The Core of DAO Insurance
    • 🥷3.1 Overview of Zorro NFTs
    • ⚔️3.2 The Superpowers of Your Zorro NFT
    • 🗺️3.3 Three-Phase Evolution: Unlock Greater Power
    • ⚓3.4 Genesis V1: Unlock Exclusive Benefits
    • 🌎3.5 The Zorro Network and Its Connection to Verified Nodes
    • ⛵Summary
  • Verified Nodes – The Backbone
    • 4.1 Empowering Decentralized Coverage: Key Functions
    • 4.2 Types of Verified Nodes: Tailored Coverage for Every Need
    • 4.3 Why Verified Nodes Matter
    • Summary
  • Developer Integration with InsuranceDAO.World
    • 5.1 Introduction to Developer Integration
    • 5.2 Developer Setup and Prerequisites
    • 5.3 Submit DApp to InsuranceDAO.World
    • 5.4 Purchase Verified Node
    • 5.5 Smart Contract Explanation
    • 5.6 Participating in the Insurance Ecosystem
    • 5.7 How to Purchase an InsuranceDAO.World Node
  • InsuranceDAO.World Architecture
    • ⛓️6.1 Core Components
    • 💻6.2 Workflow & Process Flow
  • Plug Into InsuranceDAO
    • 🔧7.1 Core Functionalities
    • 🖲️7.2 Integration Flow
  • Insurance-Ready NFT Launchpad
    • 🪩8.1 Key Features
    • 🧬8.2 Lifecycle of an Insurance-Ready NFT
  • Tokenomics
    • 9.1 Arrow (ARR) Token
    • 9.2 arrUSD Token
    • 9.3 Arrow-Debreu Securities Model and Mathematical Framework
    • 9.4 Back Asset Custody
  • Extensive Risks
    • *️10.1 Market Risks
    • 10.2 Counterparty Risks
    • 10.3 Insurance-Backed NFTs: Clarification
    • 10.4 Collateralization Risks
    • 10.6 User Risks
    • 10.7 Risk Mitigation Strategies
  • Privacy Policy
    • 11.1 Information We Collect
    • 11.2 Geographical Restrictions and Regulatory Compliance
    • 11.3 How We Use Your Information
    • 11.4 Data Sharing and Disclosure
    • 11.5 Data Security
    • 11.6 Your Rights and Control Over Your Data
    • 11.7 Changes to This Privacy Policy
  • Terms of Service
    • 12.1 General Terms
    • 12.2 Platform Usage
    • 12.3 User Responsibilities
    • 12.4 Limitation of Liability and Disclaimers
    • 12.5 Termination and Suspension
    • 12.6 Governing Law
    • 12.7 Regional Restrictions and Compliance
    • 12.8 Miscellaneous
  • Conclusion and Next Steps
    • 13.1 Key Takeaways
    • 13.2 What’s Next?
    • 13.3 Get Involved
    • 13.4 Thank You
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  1. Developer Integration with InsuranceDAO.World

5.5 Smart Contract Explanation

Interactions between DApps and Verified Nodes are handled by Solana smart contracts. Here’s an overview of the smart contract structure:

// #[account]
pub struct VerifiedNode {
    pub node_id: String,
    pub risk_type: String,
    pub is_active: bool,
    pub premium_rate: u64, // Premium rate for the coverage
}

#[account]
pub struct StakedAssets {
    pub user: Pubkey,
    pub node_id: String,
    pub staked_amount: u64, // Amount staked in the node
}

#[program]
pub mod insurance_dao {
    use super::*;

    pub fn submit_dapp(ctx: Context<SubmitDApp>, dapp_id: String, insurance_pool_id: String) -> Result<()> {
        // Logic to register the DApp
    }

    pub fn purchase_verified_node(ctx: Context<PurchaseVerifiedNode>, node_id: String, stake_amount: u64) -> Result<()> {
        // Logic to stake assets and purchase node coverage
    }

    pub fn validate_node_coverage(ctx: Context<ValidateNodeCoverage>, node_id: String) -> Result<()> {
        // Logic to validate if coverage is active
    }
}rust

Explanation:

• VerifiedNode: Contains details about each Verified Node, such as the node ID, risk type, and whether it is active.

• StakedAssets: Tracks the amount staked by a user in each node.

• Functions like submit_dapp, purchase_verified_node, and validate_node_coverage handle the core actions of registration, staking, and coverage validation.

Previous5.4 Purchase Verified NodeNext5.6 Participating in the Insurance Ecosystem

Last updated 4 months ago