🎙DeFi By Design EP #27: Building the DeFi Insurance Layer w/ Hugh from Nexus Mutual

Take one step closer to sovereignty every single week, join the DeFi Slate community below:

Spotify | YouTube | iTunes | R.S.S. Feed

High Rollers:

Insurance is a $1.3T+ market in the US alone. As more assets transition on-chain there is more and more value to protect.

Just like insurance in traditional markets, members of DeFi markets can now pool risk to lower the threat to any one individual.

In this episode, we talk to Hugh from Nexus Mutual — a trailblazer of on-chain insurance. Hugh dives into the must-knows of personal security along and unpacks the complexities of how insurance is distributed on Ethereum.

We learned a ton! Hope you do too :)

Enjoy this one y’all, and before you go pls check out the survey below!!!

Attention:⚠️🙏 Please fill out this quick survey so we can better understand the DeFi Degen community and cater our content to what y’all want to see!

DeFi Slate Survey

-Rob

---

🙏 Big Ups To Our Great Sponsor Aave: Earn Interest & Leverage Your Assets with Aave, a non-custodial money market protocol leading the #DeFi charge.

Shoutout to Frontier.xyz: A Chain-Agnostic DeFi Aggregation Layer Bringing DeFi To The Masses Via Their Mobile App, Download it Now!

---

🎙DeFi By Design EP #27: Building the DeFi Insurance Layer w/ Hugh from Nexus Mutual

Some recent tweets from Nexus & Hugh:

Hugh Karp 🐢 @HughKarp

TVL is important to get critical mass, but capital efficiency is all that matters in the long term.

Nexus Mutual 🐢 @NexusMutual

🐢 Protected Yield Opportunity 🐢 Earn 35-39% on your stablecoins with @PoolTogether_ Get cover on Nexus for 2.6% ✨ plus chance to win the weekly prize ✨

Anil Lulla @anildelphi

Cool to see @NexusMutual get some publicity on mainstream media like @Bloomberg I'm surprised more of DeFi hasn't been covered by these outlets yet tbh Imagine being a fintech investor and not looking at things like @Uniswap @AaveAave @synthetix_io etc

bloomberg.comBloomberg - Are you a robot?

Nexus Mutual 🐢 @NexusMutual

🦡Cover on @BadgerDAO is available again 🦡 $6m open right now. Get protected on the weekend with lower gas.

---

👀 Sponsor Update: mStable provides an autonomous and non-custodial infrastructure for pegged-value crypto assets. Earn maximal APY on mUSD and mBTC by collecting fees generated on lending protocols!

It’s harvest season. Farm like a pro on mstable :)

---

⚠️ DISCLAIMER: Investing into cryptocurrency and DeFi platforms comes with inherent risk including technical risk, human error, platform failure and more. At certain points throughout this post, we might get commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.

---

Liked this post? Share with a friend :)

Subscribe to The Rollup Newsletter & join thousands of other crypto enthusiasts: