Soter Insure has unveiled a new Ethereum-denominated insurance product aimed at mitigating slashing risks for Ethereum validators. Developed in partnership with Galaxy Digital, this insurance addresses the risk of asset slashing due to protocol violations in Ethereum staking. The product is designed to provide security for both individual validators and institutional stakers. The insurance premiums and claims are denominated and settled in ETH, effectively eliminating the currency mismatch risk associated with traditional USD-denominated insurance. This innovation ensures that coverage remains adequate even as ETH prices fluctuate, offering a tailored solution for the Ethereum staking community.