@adow65

Smart contract insurance, as offered by Nexus Mutual and InsurAce, mitigates DeFi risks like hacks and protocol failures. By pooling funds via decentralized protocols, these platforms provide coverage for smart contract exploits, enhancing user trust. Nexus Mutual’s community-driven model and InsurAce’s cross-chain coverage for over 140 protocols demonstrate scalability. Their investment value lies in growing DeFi adoption and rising demand for risk protection. However, regulatory uncertainty and high premiums pose challenges. As DeFi expands, these projects could see significant growth, making them attractive for investors seeking exposure to DeFi’s risk management sector.

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