Mission
Our mission is to build an ecosystem in which anyone can protect anyone else through an open risk marketplace.
Values
DAO team contributors work to ensure the long-term sustainability of the Mutual. To achieve this shared mission, our every action must reflect these core values.
Trustworthiness
We pay claims. Our members have already voted to approve over $18 million to those who lost funds. Our capital is owned by members and we manage risks to ensure there is always enough money for claims, so members can be confident in our cover.
Egalitarianism
We’re a mutual which means we’re owned and governed by our members—and anyone can become a member. We believe that everyone should be able to find the cover they need and anyone else should be able to provide that cover.
Integrity
Nexus Mutual was founded to help protect underserved communities. That has been our guiding vision since day one. Honest participation in the mutual’s governance is rewarded. Members will always own the capital, review the validity of claim requests, and vote on claim outcomes.
Active DAO Teams
Currently, there are four (4) active DAO teams. These teams work on behalf of Nexus Mutual DAO members, who vote to approve the team’s funding through the NMDP process. For more information about the active DAO teams, see past DAO team budget requests on the forum.
Purpose
Provide support to and educational content for members, staking pool managers, DAOs and our wider community in order to expand coverage. Design communication channels to drive community engagement, member retention.
Purpose
Overcome hard problems faced by the protocol and ecosystem. Decentralise the problem-solving function, increase transparency, and attract skilled members who want to solve difficult problems.
Purpose
Ideate on existing cover products and develop new cover products to drive cover sales, reach new markets, and provide members with superior protection against the greatest risks onchain and offchain. Support new and existing syndicates/distributors building on top of the Mutual. Research new risks, develop risk frameworks and pricing models.
Purpose
Expand Nexus Mutual’s brand awareness, engagement with target audiences and drive growth in new membership. Create and execute marketing campaigns; develop and distribute content; and manage Nexus Mutual’s marketing channels.