Athena Ins
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🌐Athena Ins 🌐

πŸ“ Create your P2P insurance contract
πŸ” Protect the community with your decentralized insurance contract
πŸ’° Earn yields

🐦 Twitter: https://twitter.com/Athenains_off
🌍 Website: https://athena-co.io
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Hello everyone, hope you are doing well.
We are bringing you a news, staking is openπŸ‘ˆπŸ”’

Staking will start with the listing
540% APR.
Blocked for 2 months
Unlocked: 20% per month starting in the 3rd month.
You can choose to stake all or nothing ⚠️

Available in the dashboard

https://t.me/athenains_official
https://twitter.com/Athenains_off
https://www.instagram.com/athenains_official
Athena Ins pinned Β«Hello everyone, hope you are doing well. We are bringing you a news, staking is openπŸ‘ˆπŸ”’ Staking will start with the listing 540% APR. Blocked for 2 months Unlocked: 20% per month starting in the 3rd month. You can choose to stake all or nothing ⚠️ Available…»
Hello everyone, you have until ⚠️01/02/2022⚠️ to transmit your transaction hash to validate your transaction if not done already.
Unvalidated transactions will be cancelled.
Same for the staking, same for entering an ETHEREUM wallet (accounts with wrong wallet or on a blockchain other than ETHEREUM risk to lose their tokens)
⚠️ On 01/02/2022 it will no more be possible to modify the elements mentioned above⚠️


https://t.me/athenains_official
https://twitter.com/Athenains_off
https://www.instagram.com/athenains_official
Hello, following the feedback from the pre-sale on the design of the website we are making some changes, here is a preview of the homepage.
We hope you will like it.
Hi everyone, I'm giving you a feedback on the staking, we thank you for your trust and announce that 74.49% of the tokens have been staked.πŸ”₯πŸ”’
Big announcements will take place very soon, stay tuned 🚨🧐
Thanks again for your trust and patience. πŸ‘πŸ™
Hello everyone, I have some informations on the progress:
Half done architecturing smart contracts, from initializing protocol, to deposit cover funds for choose protocols, withdraw, claim rewards, and policy holder creation with premiums for rewards to liquidity guarantee providers.
Compatibility architecture for guarantee between different guarantee-able protocols ongoing.
Position mint (deposit funds) is still ongoing, we need to choose conversions options and stable coin to be used for liquidity quantity and guarantee. We cannot risk any de-peg between 2 stable coins.
Done Staking rewards formula for ATEN token.
Ongoing Premium rewards formula ratio between guarantee LPs for Stablecoins.
Hello to all

We are still waiting for an answer from the exchanges.
As we said, we need time to organize the marketing, so we can already say that we will be late on the listing scheduled for Q1.
We have waited as long as possible to have a date to announce, but unfortunately after consultation with the parties involved today, this announcement will not be made until the end of the month.

To give you a little more information on the situation, the amounts we are looking to raise are significant and require a lot of verification.
To speed up the process, we are considering raising part of the funds via our website, however we are waiting for a response before launching the operations so that we can communicate during the public sale on the IEO that will follow.

Of course, we continue to move forward on the development of the Dapp, protocol and partnerships, the above mentioned delay will not impact the rest of the roadmap.
As we said, you will be the first to know when we have additional information.
Thank you for your confidence.
Forwarded from Athena INS
Hello to all

Architecture almost done.
Added re-insuror for providing guarantee to fund providers. We will explain this later on when this part of the protocol will be fully validated.
Arbitrarily USDT will be used as stablecoin reference for the protocol. To be confirmed before deployment on mainnet. Ability to change stablecoin on protocol is not confirmed nor a requirement.
Development started. Hardhat environement. Unit tests first (TDD !) on New protocols to add.
Forwarded from Athena INS
Defined curve formula for providing economic equilibrium between providers and policy holders premium fees.
Forwarded from Athena INS
⚠️⚠️⚠️For your information, people who need to change their wallet can do it now for a minimum of 10 days. After this period it will be impossible to change the address of reception, thank you for doing the necessary.⚠️⚠️⚠️
Hello, one last reminder to change your receiving wallet which must be compatible ERC20 🚨⚠️THE BINANCE WALLET IS NOT COMPATIBLE⚠️🚨

We still have requests to change non-compatible receiving wallet, this will be my last reminder.
Some techs news:
New Vesting Smart Contract for locked ATENs
Architecture update for Protocol token LP, and AAVE LP tokens. Those cannot be sent to user in order to lock funds in Athena, so LPs will be wrapped for users to be able to claim their rewards through Athena.
V0 of Generic Guarantee Protocol pool, deposit funds with ATEN and get rate corresponding (ATEN yield and USDT rewards rate).
Ongoing development of Premium rewards pools, new algorithm inspired from UniswapV3 tickers for liquidity, in order to have premium ending. Feasibility to be confirmed by ongoing development and tests.
Hello Everyone,
Some news:

V0.1 ATEN Staking Contract with fixed rate for 100% refund in ATEN on Policy buy
V0.1 Vault Contract for ATEN Staking rewards to avoid missing ATEN tokens for rewards.
V0 Claim handle with Kleros for challenge and dispute resolution.
V0 Algorithm and logic for claims capital burn for Capital Providers in leveraged protocols. Will be detailed in documentation as this is some new concept and may be mis-interpreted.
V0.1 Changed algorithm for variable rate for Policies & Premiums to avoid edge cases with claims.
Front : Integration ongoing, first use cases for deposit capital and buy policy are almost ready

TESTNET : Athena should hit Testnet soon !
Hello everyone,
Some progress in parallel to the testnet
- Dapp integration of on-chain data fetching module
- Dapp integration of user wallet context
- Dapp integration of historical data graphs
- Athena historical data API, update robot and database
- Athena claim case document API and IPFS hosting
-Security improvements

Finished pages awaiting final UI/UX revision
- Buy Cover / Supply Cover
- Pool
- Buy Basket / Supply Basket
- Governance
- Stake
- Claims / Claim Details
- My Policy / My Cover
- Claim Create
- Dashboard - Claims
- Dashboard - Policies
- Dashboard - Staking
- Dashboard - Covers
- Error Page

Concerning partnerships, recent events such as the FTX collapse is a barrier when onboarding traditional structures about web3. Some partners have put our negotiations on hold for the time being as they wish to see the full consequences of the FTX collapse unravel before moving forward.
All the team members are still onboard and as dependant as you are, or more, on the success of Athena. It is a difficult period for everybody but we are pushing through and making real progress in the backstage.

πŸ™ We thank you for your patience and are doing everything in our power to reward it.
Athena Ins pinned Β«Hello everyone, Some progress in parallel to the testnet - Dapp integration of on-chain data fetching module - Dapp integration of user wallet context - Dapp integration of historical data graphs - Athena historical data API, update robot and database - Athena…»