nexusmutual

/nexusmutual24

News, updates and information about the leading crypto insurance alternative for onchain protection.

Did you read the Investment Hub’s March Newsletter?

Some great insights on investment earnings and forward-looking priorities 👀

Check it out 👇

https://x.com/nexusmutualdao/status/1780586006842167393?s=46&t=aI_93J4ULJBWEw-GhZxzCw
Mid-Week Update for Pool 22

We're up a bit from last week. At the peak, Pool 22 had an APY of 25.9297%

Not surprising when we're selling so much cover. Take a look at the Mutual's cover sales summary from last week 👇
https://twitter.com/NexusMutualDAO/status/1777336014349934917
The first week of Q2 isn't quite over, and the Mutual has seen substantial growth in cover sold and cover fees earned 🤯

🔹 $24,725,354 Total Cover Sold
🆙 59.95% increase week over week

🔹 $290,190.59 Cover Fees Earned
🆙 61.78% increase week over week

Still another 11 hrs before this week closes 👀
Another solid week of cover sales for Pool 22

The pools vAPY is up to 23.57%

With the base 2% APY I get as an NXM holder from the Capital Pool investment holdings, I'm effectively earning 25.57% on ETH since NXM is valued in and backed by ETH 💪
Excited to share @nexusmutual's Q1 2024 Insights Report 🐢

Growth remains our #1 priority ↗️
🆙 Cover sales up 29%
🆙 Cover fees earnings up 162%
🆙 Commissions earnings up 254%

Read the report 👇
https://forum.nexusmutual.io/t/first-quarter-q1-2024-insights-nexus-mutual-dao/1419
I'm a pool manager for Pool 22 in the Nexus Mutual ecosystem & it's been a remarkable week for cover sales.

This week brings a majority uptick in cover buys, as more users are deploying capital + protecting themselves against smart contract risk.

Pool 22
https://app.nexusmutual.io/staking/pools/22
Looks like there's some new Bundled Protocol Cover listings up on @nexusmutual 👀

Majority of LRTs have full-stack protection available through Nexus Mutual now 🛡️
🔹 EigenLayer + Ether.fi + Pendle
🔹 EigenLayer + Renzo + Pendle
🔹 EigenLayer + Swell + Pendle
🔹 EigenLayer + KelpDAO + Pendle