(1) Educating users about #DeFi #Insurance to protect themselves against DeFi #Risk is imperative for DeFi long term success.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts">Platforms should reward tokens to its insurance contract stakers in @NexusMutual
https://abs.twimg.com/emoji/v2/... draggable="false" alt="➡️" title="Pfeil nach rechts" aria-label="Emoji: Pfeil nach rechts"> 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

(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& #39;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.

(6) #InsuranceMining will:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Alleviate max cover purchase bottleneck on high-demand platforms, e.g. @CurveFinance @BalancerLabs.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Restore user confidence to hacked platform like @bzxHQ.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Boost liquidity by providing cover to professional LPs.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Give a peace of mind to all LPs.