Connecting digital asset capital to insurance and reinsurance markets.
Nexus Mutual needed more underwriting capacity than their own balance sheet could support. Through Symbiotic, BTC and ETH holders act as reinsurers. Nexus takes 20% first-loss. Symbiotic stakers provide 80% second-loss capacity. The result: $100M+ in coverage capacity, with Nexus earning premiums and stakers earning yield.
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