Forwarded from Athena ๐ฆCommunity
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.
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 ๐ฆCommunity
Defined curve formula for providing economic equilibrium between providers and policy holders premium fees.
Forwarded from Athena ๐ฆCommunity
โ ๏ธโ ๏ธโ ๏ธFor 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.โ ๏ธโ ๏ธโ ๏ธ
Hello, one last reminder to change your receiving wallet which must be compatible ERC20 ๐จโ ๏ธTHE BINANCE WALLET IS NOT COMPATIBLEโ ๏ธ๐จ
We still have requests to change non-compatible receiving wallet, this will be my last reminder.
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.
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 !
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.
๐ We thank you for your patience and are doing everything in our power to reward it.
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.
๐ We thank you for your patience and are doing everything in our power to reward it.
Athena Ins pinned ยซHello 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 - Athenaโฆยป
Hello everyone,
you'll find the link to the testnet version below
https://dreamy-starlight-8ec3aa.netlify.app/buycover
you'll find the link to the testnet version below
https://dreamy-starlight-8ec3aa.netlify.app/buycover
dreamy-starlight-8ec3aa.netlify.app
Athena | Decentralized Insurance
Web site created using create-react-app
Athena Ins pinned ยซHello everyone, you'll find the link to the testnet version below https://dreamy-starlight-8ec3aa.netlify.app/buycoverยป
Hello,
We have revised the presale price to $0.0025 for stake tokens and $0.00625 for non-stake tokens. You can already see the change on your dashboard.
The listing price will also be revised.
We have revised the presale price to $0.0025 for stake tokens and $0.00625 for non-stake tokens. You can already see the change on your dashboard.
The listing price will also be revised.
Ledger CEO Pascal Gauthier has addressed the Dec. 14 hack of the wallet providerโs hack in a post on the companyโs blog. He said the hack of Ledgerโs Javascript connector library was an โisolated incidentโ and promised stronger security control.
Source : https://cointelegraph.com/news/ledger-ceo-explains-hack-calls-it-isolated-incident
Source : https://cointelegraph.com/news/ledger-ceo-explains-hack-calls-it-isolated-incident
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๐ฐ Unleash the power of your capital! ๐ One of our features lets you provide liquidity across multiple hedging pools, multiplying returns from various covers. ๐
The described feature enables users to contribute liquidity to multiple covers pools using a single capital investment. In essence, it empowers users to simultaneously participate in various cover mechanisms, allowing them to benefit from all returns offered by these pools.
By providing their capital across multiple pools, users optimize their returns and enhance their overall investment strategy.
This functionality provides a flexible way for users to capitalize on different cover opportunities and maximizing gains through more efficient capital.
The described feature enables users to contribute liquidity to multiple covers pools using a single capital investment. In essence, it empowers users to simultaneously participate in various cover mechanisms, allowing them to benefit from all returns offered by these pools.
By providing their capital across multiple pools, users optimize their returns and enhance their overall investment strategy.
This functionality provides a flexible way for users to capitalize on different cover opportunities and maximizing gains through more efficient capital.
We are delighted to announce the integration of @Kleros_io into the Athena Ins protocol! ๐ Kleros will handle the management of claims where a dispute is initiated. Decentralisation is shaping a new era of trust and transparency. #SmartContracts #decentralized #InsurTech
Marc Karpeles as investigator? Is this a good idea?
Ten years after the collapse of his MtGox trading platform, Frenchman Mark Karpelรจs is preparing to launch Ungox, a rating agency for crypto projects. While in Paris, he gave us an in-depth presentation of his project.
Article
Ten years after the collapse of his MtGox trading platform, Frenchman Mark Karpelรจs is preparing to launch Ungox, a rating agency for crypto projects. While in Paris, he gave us an in-depth presentation of his project.
Article
Embark on a journey of innovation ๐with our thrilling partnership! ๐ฅ Insurance broker Menelas and AthenaIns.io join forces. ๐ก Together, we sculpt a bridge between the best of both worlds for innovative coverage.
๐๐ Our partnership transcends conventional norms, inviting you to imagine a landscape where the frontiers between tangible and digital blur, where the pulse of innovation meets the heartbeat of security.
At the intersection of tradition and innovation, we're redefining the insurance narrative just as @aave did with lending and @Uniswap did with decentralized exchanges๐ Join us on this captivating odyssey. ๐๐
https://twitter.com/Athenains_off/status/1750481139813482659
๐๐ Our partnership transcends conventional norms, inviting you to imagine a landscape where the frontiers between tangible and digital blur, where the pulse of innovation meets the heartbeat of security.
At the intersection of tradition and innovation, we're redefining the insurance narrative just as @aave did with lending and @Uniswap did with decentralized exchanges๐ Join us on this captivating odyssey. ๐๐
https://twitter.com/Athenains_off/status/1750481139813482659
Hello everyone
Latest news:
We're continuing to look at the technical side of things, after liquidity provision let's look at return on investment.
https://twitter.com/Athenains_off/status/1751939083922743694
Latest news:
We're continuing to look at the technical side of things, after liquidity provision let's look at return on investment.
https://twitter.com/Athenains_off/status/1751939083922743694
X (formerly Twitter)
Athena Ins (@Athenains_off) on X
๐ฅ We explored leveraged liquidity provision on various cover pools! Discover it again: https://t.co/Qyl1Xs0lMc ๐
โจ We also saw how to combine gains from external protocols with income from an Athena Ins strategy. Discover it again: https://t.co/JjIRfCiGo8โฆ
โจ We also saw how to combine gains from external protocols with income from an Athena Ins strategy. Discover it again: https://t.co/JjIRfCiGo8โฆ