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Athena Ins

Logo of telegram channel athenainsoff — Athena Ins A
Logo of telegram channel athenainsoff — Athena Ins
Channel address: @athenainsoff
Categories: Economics
Language: English
Subscribers: 862
Description from channel

🌐Athena Ins 🌐
📝 Create your P2P insurance contract
🔐 Protect the community with your decentralized insurance contract
💰 Earn yields
🐦 Twitter: https://twitter.com/Athenains_off
🌍 Website: https://athena-co.io

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The latest Messages

2022-07-28 19:38:40 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 !
395 views16:38
Open / Comment
2022-06-09 18:50:10 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.
141 views15:50
Open / Comment
2022-04-29 13:17:44 https://twitter.com/btslabs_global/status/1519936531560951808?s=20&t=9rvAsVVMfkh47SaVhCqkZw
124 views10:17
Open / Comment
2022-04-25 14:35:27 https://twitter.com/btslabs_global/status/1518552644154904576?s=20&t=b_hwkATKjrUsFZixxL7kuA
117 views11:35
Open / Comment
2022-04-05 15:09:13 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.
226 views12:09
Open / Comment
2022-03-31 09:46:23 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.
427 views06:46
Open / Comment
2022-03-31 09:45:57
Defined curve formula for providing economic equilibrium between providers and policy holders premium fees.
426 views06:45
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2022-03-31 09:45:47
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.
333 views06:45
Open / Comment
2022-03-16 23:35:46 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.
541 views20:35
Open / Comment
2022-02-22 00:40:26 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.
125 views21:40
Open / Comment