Soter Insure has partnered with Galaxy Digital to launch the world's first slashing insurance product denominated in Ethereum. This innovative policy provides ETH stakers and validators with protection against economic losses caused by slashing events, with premiums and claims settled directly in ETH. It eliminates the currency mismatch risk inherent in traditional fiat-denominated policies, ensuring that coverage amounts are proportional to the value of staked assets. The product is positioned as a key risk mitigation tool for institutional investor adoption and supports the development of staking ETH ETFs.

ETH0.5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin