AgroShield is a decentralized parametric crop insurance protocol built on Celo. It enables smallholder farmers in emerging markets to protect their harvests against weather-related risks using blockchain technology. Farmers pay a small premium in cUSD to insure their crops. Smart contracts automatically trigger payouts when weather oracle data crosses predefined thresholds — no paperwork, no middlemen, no waiting. Liquidity providers deposit cUSD into the insurance pool and earn yield when no claims are active. AgroShield is fully integrated with MiniPay, making it accessible to millions of mobile-first users across Africa.
Protect smallholder farmers from climate-related financial devastation
Make crop insurance accessible to anyone with a mobile phone
Use DeFi and blockchain to eliminate inefficiency in traditional insurance
Build financial resilience for farming communities across emerging markets
Leverage Celo's mobile-first infrastructure to reach the unbanked
Over 500 million smallholder farmers worldwide lack access to affordable crop insurance. Traditional insurance requires paperwork, claim adjusters, and weeks of waiting — making it inaccessible to rural farmers with limited resources. A single drought or flood can wipe out an entire harvest, pushing farming families into poverty with no safety net. AgroShield solves this by bringing parametric insurance on-chain — replacing manual processes with smart contracts that detect weather conditions and release payouts automatically in cUSD, directly to the farmer's mobile wallet.
Parametric crop insurance protocol built on Celo blockchain
Farmers pay small cUSD premiums to insure their crops against weather events
Smart contracts automatically trigger payouts when weather oracle data crosses thresholds
No paperwork, no middlemen, no waiting — funds released directly to farmer's wallet
Liquidity providers fund the insurance pool and earn yield on idle capital
Fully integrated with MiniPay for mobile-first access across Africa
AgroShield earns protocol fees from insurance premiums paid by farmers. A small percentage (2-5%) of each premium is retained as protocol revenue. Liquidity providers earn yield on deposited cUSD when the pool is not paying claims. Future revenue streams include B2B partnerships with agricultural NGOs, government programs, and microfinance institutions seeking to offer crop insurance at scale.
Want to grow through just grant funding
africa
$0 — Bootstrapped. Currently applying for ecosystem grants including Celo Proof of Ship and Celo Builder Fund.
