Full Disclosure: Delphi Ventures holds NXM.
For today’s Delphi Daily, we’re releasing a Research Note we sent to our Institutional clients on NXM yesterday. We hope you enjoy this preview – and please don’t hesitate to reach out if you have any questions about our premium subscriptions.
This is part of a series of posts we’ll be releasing dissecting Nexus Mutual further for our members in the coming months. If you haven’t already, be sure to check out our full report on Nexus Mutual here.
For convenience, we’ve also included a video walkthrough of this post. Enjoy!
The pace of innovation + funding status of many projects in DeFi makes fully auditing every line of code prior to deployment often unfeasible. At the same time, token-supplemented lending yields drive up the opportunity cost of idle capital. Reducing the dependency on thorough audits before comfortably de