Want To Know The Next Big Thing In DeFi? We’ve Got You Covered.

Today We Unpack Nexus Mutual ($NXM), a Leader in the Burgeoning Smart Contract Insurance Sector. Worry Not, this one’s still got plenty of moon fuel left, along with passive yield.

Big Takeaways:

• Nexus will benefit directly from Ethereum’s continued adoption because the Nexus capital pool is 100% comprised of $ETH.
• Nexus provides exposure to $ETH as well as a hedge, all while offering yield.
• Demand for DeFi insurance is strong and rapidly growing, while competition is thin. Nexus’s capital pool grows more robust every week, further solidifying its staying power.
• Speculators can arbitrage price differences in $NXM and $wNXM by tracking the bonding curve.

Introducing Nexus Mutual:

We’ve got a real banger for this week.

“Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main DeFi protocols.” -CoinGecko

Nexus Mutual insures against smart contract failures, such as bugs in the smart contract code, hacks, and other exploits.

The $NXM governance token allows users to buy coverage, participate in governance, and have a say in Risk and Claims…