Nexus Mutual is a decentralized insurance protocol. The platform aims to provide an alternative to traditional insurance companies, offering a wide range of products to protect users from smart contract vulnerabilities. Unlike traditional insurance companies, the platform functions as a mutual, where members pool their resources to provide protection against vulnerabilities in the crypto ecosystem. To join the mutual, users must pay a nominal fee of 0.002 ETH and complete KYC/AML documentation.
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