(1) Educating users about #DeFi #Insurance to protect themselves against DeFi #Risk is imperative for DeFi long term success.
Platforms should reward tokens to its insurance contract stakers in @NexusMutual
E.g. @CurveFinance rewards $CRV to the 97 stablecoin pool stakers


(2) This will complete the whole #DeFi cycle: from taking #YieldFarming #LiquidityMining risks to insuring/protecting those risks.
Agree? @CurveFinance @BalancerLabs @mstable_ @bzxHQ @compoundfinance @Instadapp @AaveAave @synthetix_io @HughKarp @NexusMutual @DeFi_Dad @DeFiDude
Agree? @CurveFinance @BalancerLabs @mstable_ @bzxHQ @compoundfinance @Instadapp @AaveAave @synthetix_io @HughKarp @NexusMutual @DeFi_Dad @DeFiDude
(3/3) @1inchExchange @AmpleforthOrg @argentHQ @Bancor @KyberNetwork @deversifi @FlexaHQ @gnosisPM @MakerDAO @melonprotocol @renprotocol @paraswap @PoolTogether_ @SetProtocol @TornadoCash @TotleCrypto @UniswapProtocol @dydxprotocol @iearnfinance @PredictionsExch @defipulse
(4) @VitalikButerin highlighted smart contract risks in today's @BanklessHQ episode. He agreed that #LiquidityMining has brought much excitement, so I guess he would also agree that #InsuranceMining to incentivize and educate users will be equally important?
(5) Conclusion:
#LiquidityMining: Rewarding users to take risks.
#InsuranceMining: Rewarding users to protect against risks.
#LiquidityMining: Rewarding users to take risks.
#InsuranceMining: Rewarding users to protect against risks.
(6) #InsuranceMining will:
Alleviate max cover purchase bottleneck on high-demand platforms, e.g. @CurveFinance @BalancerLabs.
Restore user confidence to hacked platform like @bzxHQ.
Boost liquidity by providing cover to professional LPs.
Give a peace of mind to all LPs.



