This is part of a series of posts we’ll be releasing dissecting Nexus Mutual further for our members in the coming months. FYI: While this is currently locked for Institutional members only, we will be releasing this publicly tomorrow. 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!
http://cdn.delphidigital.io/uploads/2020/09/NXM-Report_1.mp4
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 deploying capital is what makes Insurance a highly symbiotic pillar of DeFi. When you’re able to hedge that risk for a negligible portion of the yield you’re going to recei
