31 - Nexus Mutual to Billions | Hugh Karp

<p>Episode: #31<br /> September 21, 2020</p> <p>-----</p> <p>Tools from our sponsors to go bankless:</p> <p><span class="style-scope yt-formatted-string" dir= "auto">🌐 <a href="https://bankless.cc/unstoppable">UNSTOPPABLE DOMAINS</a> - <a href= "https://bankless.cc/unstoppable">GET A HUMAN READABLE CRYPTO DOMAIN</a></span></p> <p><span class="style-scope yt-formatted-string" dir= "auto">🌈 <a href="http://bankless.cc/zapper">ZAPPER - ULTIMATE HUB FOR DEFI</a> - ZAP INTO DEFI</span></p> <p><span class="style-scope yt-formatted-string" dir= "auto">💳 <a href="https://bankless.cc/monolith">MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS</a></span></p> <p><span class="style-scope yt-formatted-string" dir= "auto">💸 <a href="https://aave.com/">AAVE - LEND AND BORROW DEFI ASSETS</a></span></p> <p>----<br /> Nexus Mutual to Billions | Hugh Karp</p> <p>Hugh Karp is the founder of Nexus Mutual, a DeFi insurance protocol<br /> <br /> Nexus Mutual has $80M ETH covering over $240 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.</p> <p>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.</p> <p>Nexus Mutual has over $80M in assets deposited into the Nexus contracts, up from just $8M in July 2020. This $80M is the backstop for $240M of cover purchased by Nexus customers.</p> <p>Join us as we go through the history of Nexus Mutual, the NXM token, and the future road map with founder Hugh Karp!</p> <p>WE COVER:</p> <p>1) Current state of DeFi insurance / safety<br /> 2) Benefits of smart-contract based insurance<br /> 3) Quick history of insurance <br /> 4) Building Nexus<br /> 5) Integrating NXM<br /> 6) NXM Bonding Curve<br /> 7) Future vision of Nexus<br /> <br /> ------<br /> <br /> Resources:</p> <p><s