Athena Ins launches insurance services for DeFi risks, providing protection through smart contracts without centralized intermediaries. The platform has partnered with the Angle protocol and is deployed on the Arbitrum blockchain, with plans to expand to other blockchains.

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<p>According to Decrypt, on July 2, the insurance platform Athena Ins is revolutionizing the decentralized insurance field through its advanced protocol, providing insurance services for DeFi risks. The platform allows users to purchase insurance for their DeFi investments, protecting them from risks such as hacker attacks, smart contract vulnerabilities, and stablecoin instability. Unlike traditional insurance companies, Athena Ins operates through smart contracts, eliminating the need for centralized intermediaries, ensuring transparency and decentralization.</p>
<p>Athena Ins has established a strategic partnership with the A16Z-backed DeFi protocol Angle, enhancing investor security. The platform's core token, ATEN, empowers holders with decision-making authority and plays a crucial role in insurance contract creation and claims management. Athena Ins has been deployed on the Arbitrum blockchain and plans to expand to other major blockchains.</p>
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Athena Ins launches decentralized insurance services for DeFi risks