🎙️ Nexus Mutual to Billions | Hugh Karp

Talking with the Founder of the biggest insurance protocol in DeFi

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Episode: #31 - Nexus Mutual to Billions | Hugh Karp
September 21st, 2020

Hugh Karp is the founder of Nexus Mutual, a DeFi insurance protocol

Nexus Mutual has $80M ETH covering over $240M worth of DeFi insurance, up from $8M last July. Nexus has paid out millions in insurance claims to previous DeFi hacks, and is one of the fastest-growing protocols in DeFi.

Hugh comes from the world of insurance and worked as an actuary before moving into crypto. He brings his real-world insurance knowledge to the DeFi universe through Nexus Mutual, a reconstruction of real-world insurance mechanisms, but built on Ethereum.

Join us as we go through the history of Nexus Mutual, the NXM token, and the future road map with founder Hugh Karp!

WE COVER:

1) Current state of DeFi insurance / safety
2) Benefits of smart-contract based insurance
3) Quick history of insurance 
4) Building Nexus
5) Integrating NXM
6) NXM Bonding Curve
7) Future vision of Nexus


Resources discussed:


Episode Actions

  1. Read how to assess the risks of a lending protocol?

  2. Read how to protect against hacks with Nexus

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.


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