Grants Program Overview
The goal of the Nexus Mutual Grants Program is to drive growth within the Nexus Mutual ecosystem. By funding individuals and teams with the expertise necessary to conduct in-depth research, build out our technical infrastructure for new syndicates and distributors, improve the user experience, and simplify the integration process, the Mutual can onboard more risk experts into our ecosystem and reduce friction for people looking to buy cover and protect their assets.
Ultimately, the improvements outlined in the RFPs below and any outside grant ideas should contribute to material growth in cover sales.
Current Priorities
The Grants Program will focus on the following priorities for grants:
- Legal and Regulatory
- Technical Product Improvements
- Improving the User Experience
- Distribution and Marketing
- Integrations and Composability
Individuals or teams applying for a grant based on an RFP below or based on their own idea not included in the list below should ensure that it fits in with our current priorities.
Grant Application Review Process
Any individuals or teams can apply for a grant based on the RFPs below OR they can apply for a grant they believe will contribute to one of the above establish priorities. We welcome all applications for review.
After someone submits their grant request, the Grants Committee will review and respond within 14 days. Our goal is to move quickly, while ensuring the process is competitive, so the Committee can provide funding to the teams that provide the most value to the Mutual.
How to Apply
Interested parties should visit the Nexus Mutual Grants Application to access the application form and detailed instructions.
For further details or questions, please contact:
- Telegram: BraveNewDeFi
What to Expect When You Apply
Within the 14-day review period, you will receive an email response, which will either:
- Ask you to schedule an interview to talk with the Grants Committee to discuss your application
- Let you know that we won’t be moving forward with your grant application
For grantees who secure an interview: the Grant Committee will discuss your application, ask key questions, and assess whether or not a grant should be awarded. You may receive suggestions to modify your proposal or adjust your grant distribution schedule.
You will receive confirmation of approval or a notice that your grant application has not been accepted via email after your interview.
We look forward to speaking with many talented individuals and teams as we kick off the Nexus Mutual Grants Program!
| Name | Priority | Available Funding (Up to) | Category | Desired Qualifications |
|---|---|---|---|---|
High | $50,000 | ResearchImproving the User Experience | ||
High | $100,000 | Distribution and Marketing | - Existing user base that interacts with DeFi - Ability to integrate Nexus Mutual cover into your core product or user UI | |
High | $10,000 | Distribution and Marketing | - Previous experience producing this type of package - Connections with future brokers to onboard | |
High | $100,000 | ResearchLegal and Regulatory | - Must have deep insurance regulatory experience - Must have meaningful crypto knowledge - Likely parties would be lawyers, compliance, regulatory specialists | |
High | $15,000 | ResearchLegal and Regulatory | - Must have deep insurance regulatory experience - Some crypto knowledge would be helpful - Some knowledge of discretionary mutuals would be extremely helpful | |
High | $50,000 | Distribution | - Existing yield marketplaces or team wanting to create one - Strong userbase or ability to generate sales | |
High | $50,000 | Distribution and Marketing | - Existing hackathons with very meaningful participation and highly experienced devs - UTC0 -> UTC +3 time zones | |
High | $15,000 | Technical Product Improvements | - Strong Solidity experience - Proven history of delivering great, production ready code | |
Medium | $50,000 | Improving the User ExperienceTechnical Product Improvements | - Very senior Solidity dev - European timezone, ideally - Prior experience with on-ramp and account abstraction is a huge advantage | |
Medium | $50,000 | Distribution and Marketing | - Existing groups with meaningful participation and crypto knowledge | |
Medium | $30,000 | Risk Management | - Solidity experience - Proven history of creating dashboards with complex data - Insurance / risk management experience would be very valuable | |
Low | $10,000 | Improving the User Experience | - Solidity experience - European timezone, ideally | |
Low | $50,000 | Distribution and MarketingImproving the User Experience | - Users with technical knowledge of smart contracts and exploits - Research teams that have the resources to identify the value of losses accurately - Smart contract auditors or similar teams |
