On May 23, the DeFi insurance agreement Nexus Mutual community launched a proposal to delist Yield Token insurance products. The proposal stated that Yield Token insurance products have never resulted in claims payment, and the market demand for this type of insurance is generally lacking. Therefore, it is recommended that Nexus Mutual be removed from the shelves and no longer provide Yield Token insurance products, and will be effectively replaced when the Covered vault product is launched in the future .
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.