Demo-ready2026verified from source

Spora

Parametric climate escrow. If the rain fails, the money moves automatically: no claim form, no inspector, no waiting.

Why it exists

Farmers who buy inputs from growers an ocean away carry the whole risk of a failed season. I wanted drought to trigger the payout itself instead of a claims process.

How it works

01Local-currency payments pooled into a USDC escrow on Stellar Soroban
02A signed satellite precipitation reading fires a circuit breaker: under 20 mm over 21 days and 21 or more dry days
03The escrow then splits atomically in the same transaction that accepts the reading
04Every external rail falls back to a mock, with a live or mock badge on each
0526 contract unit tests

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