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  • This Week in DeFi – July 24th

    To our DeFi Community,
    Your participation is needed now more than ever. As DeFi continues to act as a black hole for ETH, governance will continue to play an increasingly important role in the expansion and sustainability of open finance. With over $1B in new liquidity fueling Ethereum’s hottest sector in the past 7 days alone, it’s impossible to ignore the rapid innovation taking form right before our eyes. Best exemplified by yEarn and the release of its zero pre-mine, no initial … … More

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  • Nexus Mutual Community Shares Wrapped NXM & MCR Increment Recap

    Nexus Mutual – the discretionary mutual for smart contract covers – has had a major onboarding hurdle removed by its community through an NXM wrapper. Some of our community members have created wNXM. Which is 1 for 1 redeemable against genuine NXM.
    There is now a Balancer pool and wNXM is available via @1inchExchange and @paraswap
    — Nexus Mutual (@NexusMutual) July 17, 2020 Prior to this feature, NXM could only be acquired by undergoing KYC to join the mutual. While this has… … More

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  • This Week in DeFi – July 3rd

    To Our DeFi Community,
    The pace of innovation in DeFi never ceases to amaze.
    Whether it’s new products, new upgrades, new tokens, or new investment rounds closing, we’re genuinely having trouble keeping it up with it all. To give you an idea, here’s what we saw this week alone as DeFi closed out Q2: Kyber’s Katalyst upgrade launch date set for July 7th
    0x launches it consumer-friendly DEX, Matcha
    Synthetix releasing Binary Options
    Nexus Mutual releasing pooled staking
    Th… … More

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  • Nexus Mutual Launches Pooled Staking for NXM Risk Assessment

    Nexus Mutual – the discretionary mutual offering smart contract covers – has released a new staking system for risk assessment. Pooled staking is here! Our new system was built to encourage more staking, give better rewards to stakers, decrease the knowledge barrier and just make it a bit easier for our members to get involved.
    — Nexus Mutual (@NexusMutual) July 2, 2020 For those unfamiliar with Nexus Mutual, the project allows users to purchase smart contract covers to pro… … More

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  • Nexus Mutual Proposes Foundation Funding

    Nexus Mutual – the discretionary mutual known for its alternative DeFi insurance products – is proposing a potential revenue stream for the Foundation.
    Nexus Mutual’s Foundation is a Collective Risk Services CIC (CRS) operating as a non-profit which is responsible for employing the core team in addition to paying other operating expenses including website, marketing, audits and more.
    The initial proposal requests that the current 2.5% sell spread on any NXM redemptions (i.e. Mu… … More

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