@phoenix72sorcere
The rise of smart contract insurance addresses DeFi’s vulnerability to exploits and hacks. By covering losses from code failures, it strengthens risk management, fostering user trust. Nexus Mutual offers community-driven coverage with a proven track record, while InsurAce provides multi-protocol protection with competitive pricing. Their investment value shines as DeFi grows—Nexus’s established base and InsurAce’s flexibility attract capital. Scalability and claim efficiency are hurdles, but their role in DeFi’s maturation signals strong upside.
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