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AMA - Hugh Karp of Nexus Mutual

Bankless

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Navigating DeFi: Yield Farming and Insurance Innovations

This chapter explores the evolution of yield farming, comparing it to the ICO craze while discussing new initiatives like 'shield mining' by Nexus Mutual. The conversation covers the partnership with the Keep project for integrating Bitcoin into Ethereum and emphasizes innovative approaches in decentralized insurance. It highlights the challenges and risks of under-collateralization, community engagement, and unique risk assessment methodologies within the decentralized finance ecosystem.

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