ether.fi Collaborates With Nexus Mutual on ETH Protection

ether.fi, an on-chain neobank for digital asset management, has partnered with Nexus Mutual, a decentralized insurance provider, to secure the largest $ETH slashing cover in the crypto industry. The protection covers up to 15 000 $ETH in potential penalties for ether.fi’s validators.

The agreement is designed to reduce risks for ether.fi users. Over the past year, ether.fi has expanded its infrastructure, risk management, operational security, and real-time defense systems.

The coverage was designed for extreme scenarios and exceeds the total amount lost through $ETH slashing in all historical cases combined.

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