@owknight48
Smart contract insurance mitigates DeFi risks like hacks and exploits, enhancing user trust. Protocols like Nexus Mutual and InsurAce pool funds to cover losses, offering decentralized protection. Nexus Mutual’s community-driven model and InsurAce’s cross-chain coverage show strong use cases. Their investment value lies in growing DeFi adoption and rising demand for security. However, high premiums and limited coverage may deter investors. As DeFi matures, these projects could yield significant returns if they scale effectively.
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