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mint_settle_policy

Settle a parametric insurance policy. On trigger, pays coverage to beneficiary; on expiry, returns escrow to insurer.

Instructions

Trigger settlement of a parametric insurance policy.

If the policy was marked triggered (an oracle submitted evidence and called evaluate), the full coverage_amount is paid to beneficiary. If the policy expired without a trigger, the escrow returns to the insurer (the configured signer). Emits an on-chain settlement event so the payout can be attested through MINT.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
policy_idYesthe policy to settle.
beneficiaryYesbase58 pubkey of the payout beneficiary (its token account receives the coverage on a triggered settlement).

Output Schema

TableJSON Schema
NameRequiredDescriptionDefault

No arguments

Behavior3/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

No annotations provided, so description carries full burden. It discloses an on-chain event emission and payout attestation, but does not mention permissions, idempotency, or potential side effects. Adequate but not comprehensive.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness5/5

Is the description appropriately sized, front-loaded, and free of redundancy?

Concise paragraph, no wasted words, front-loaded with key action. Well-structured for quick understanding.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness4/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

Description covers two scenarios and outcome. Has output schema and good schema coverage. Lacks prerequisites or error conditions, but overall complete enough for an agent.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters3/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema coverage is 100%, so baseline 3. Description adds context for beneficiary (token account receives coverage) but not for policy_id. Marginal value beyond schema.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

The description clearly states the tool triggers settlement of a parametric insurance policy, explaining the two outcomes (triggered vs expired). It distinguishes from sibling tools like mint_settle_cell by being specific to policy settlement.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines4/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

The description implies when to use this tool (after policy is triggered or expired) and describes the outcome. It does not explicitly state when not to use it or provide alternatives, but the context is clear.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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