The emergence of DeFi opened up yield-generating opportunities across many protocols. But as protocols gained traction and saw increasing deposits to smart contracts, this created lucrative opportunit...

Unsecured lending is one of the best ways to unlock capital efficiency in DeFi, and various protocols have tried their hand at developing robust systems to earn the trust of crypto lenders. In this re...

DeFi needs a solution that gives auditors and white hat hackers skin in the game, so they are incentivized to act honestly rather than maliciously. We believe Nexus is in a unique position to deliver...

In this piece, I take a look at what products Armor is launching and how it’ll coexist with Nexus Mutual....

Due to ETH's recent rise, the $ value of Nexus' capital pool is hovering around all time highs and the market price of wNXM is trading at only an ~11% premium to its book value. Is Nexus ready to awak...

On November 10th, we put forth a proposal to fundamentally revise Aave’s current token architecture. Having received excellent feedback from the community, we are thrilled to present V2 which incorpor...

In this piece, we outline the stacked risk framework analysis required by crypto investors and how it differs from traditional investment. We then use this framework to analyze the exchange and insura...

In this piece, we outline the stacked risk framework analysis required by crypto investors and how it differs from traditional investment. We then use this framework to analyze the exchange and insura...

Bancor recently upgraded to Bancor v2.1 - which uniquely featured Impermanent Loss insurance facilitated by elastic BNT supply. Let’s take a look at how Bancor’s v2.1 has gone so far....

We analyze the significance of the MCR% decline on recent outflows from the Capital Pool, along with what’s being done to potentially curb that outflow and expectations going forward....

AMMs and IL are hot topics on crypto-twitter at the moment. With that in mind, let’s look at Bancor’s new v2.1 AMM design....

Our proposal to pause MCR has been successfully accepted. We walk through what happens next....

We propose to pause the programmatic growth of MCR after taking into consideration the amount of cover capacity that will be opening up shortly, the current state of the market, and the amount that MC...

In our recent report on Nexus, we discussed the opportunity and importance of smart contract insurance to hedge technical risk. There are other forms of risk in need of mitigation as well though, and...

In this post, we explore how NXM transitions from a programmatically grown MCR to a gearing factor-based one. Few understand what this means long term for Nexus....

In this post, we explore how NXM transitions from a programmatically grown MCR to a gearing factor-based one. Few understand what this means long term for Nexus....

This model accompanies the research report on Nexus Mutual, published on July 27th, 2020. Version 1.1: Corrected Supply, Updated Historical Data....

While lending and liquidity protocols have attracted much of the attention in DeFi recently, there are other, more creative ways to bet on DeFi's future....

This model accompanies the research report on Nexus Mutual, published on July 27th, 2020....