Hugh Karp

Hugh Karp, the Founder of Nexus Mutual, dives deep into decentralized insurance, exploring its evolution alongside yield farming. He discusses innovative initiatives like 'shield mining' and the partnership with the Keep project for Bitcoin integration. The conversation highlights the importance of community engagement in decision-making and claims processing. Karp also emphasizes the shift towards sustainable growth and the need for transparent risk management in DeFi, while addressing challenges within the insurance landscape in the blockchain era.

Hugh Karp, founder of Nexus Mutual, brings his insurance expertise to DeFi, revolutionizing how we think about coverage. He discusses the impressive growth of Nexus Mutual, with coverage skyrocketing to $240 million. Karp explores the benefits of smart-contract-based insurance and the importance of community-driven risk sharing. He dives into the challenges within crypto insurance and shares insights on the future landscape, including the intricacies of the NXM token and the innovative mechanisms behind decentralized insurance.