Nexus Mutual
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DeFi Insurance Company Nexus Mutual requires Euler users it underwrites to refund funds, otherwise legal proceedings will be taken
On April 13th, it was reported that the DeFi insurance agreement, Nexus Mutual, officially stated that if policyholders who suffered losses and received compensation during Euler F
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The Growing Importance of DeFi Insurance: Current Trends and Future Outlook
According to reports, according to OpenCover statistics, the DeFi insurance track paid a record $34.4 million in claims in 2022, exceeding 90% of historical expenses, but only 0.5%
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Nexus Mutual Launches V2 in Ethereum Network for Seamless Integration with DeFi
According to reports, according to official Twitter news, the DeFi insurance project Nexus Mutual announced that its V2 version has been launched on the main Ethereum network. The agreement has been transformed into a risk management layer where experts can establish businesses, including: creating capital, launching a pledge pool, managing and pricing risks, developing new products, and so on. V2 aims to achieve seamless integration and product coverage with native DeFi and third-party user interfaces. DeFi insurance project Nexus Mutual V2 has been launched on the main Ethereum network Analysis based on this information:According to an official Twitter announcement, the DeFi insurance project Nexus Mutual launched its V2 version on the main Ethereum network. This development heralds the continued growth of DeFi insurance, with Nexus Mutual betting on V2 to achieve seamless integration with native DeFi and third-party user interfaces to enhance product coverage. The V2 version transforms the agreement into a comprehensive risk management layer, further expanding expert capabilities…
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Nexus Mutual pays out $5 million in claims due to DeFi platforms’ bankruptcy
It is reported that DeFi insurance provider Nexus Mutual has paid about US $5 million in claims due to the bankruptcy of FTX and BlockFi, and is expected to pa…
