Nexus Mutual Insurance Cover Listing

Product Questions
1

The new Nexus Mutual cover terms are attractive and it would be a good look for Powerpool to be listed under its own name. Currently not listed/visible at all…minimal effort to get listed.

"Following a successful member vote Nexus Mutual Smart Contract Cover will become Protocol Cover on 26th April 2021 at 9am GMT.

Nexus Mutual Protocol Cover: what’s covered?

  • Widens coverage to include oracle, economic and governance attacks.
  • Covers non-Ethereum smart contracts.
  • Specifically includes coverage of Layer 2 aspects.
  • Covers all instances of a protocol regardless of which chain they are deployed on.
  • Introduces a cool down period allowing claims assessors to deny claims if submitted within 72 hours of the event.
2 Likes
2

it’s definitely worth considering adding Nexus Mutual cover. What do you guys think? @Sergey @DeFi

1 Like
3

I’m def in favor of this prop.

So basically we need to add PP to voting on 26th April?

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4

Are there any other options besides Nexus Mutual?

5

Armor no doubt, but most if not the majority of their coverage is sourced from NXM in any regard.

6

ShieldDAO might be interesting project to consider, when it starts… https://shielddao.app