Crypto Insurance Company Chainproof Launches New Insurance Product for Ethereum Stakers

This article is machine translated
Show original

Foresight News reports that, according to CoinDesk, crypto insurance company Chainproof has launched a new insurance product for Ethereum stakers to prevent slashing and ensure a minimum annual yield. Chainproof's product, in collaboration with insurance brokerage IMA Financial Group, will compensate stakers if slashing causes their earnings to fall below the Comprehensive Ethereum Staking Rate (CESR).

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments