Ethereum’s decentralized finance space has been catching a lot of attention over the past few weeks. This is for good reason: since the start of the year, the value of tokens locked in DeFi has surged in excess of 1,000%.
Certain projects, too, have come under the scope of top investors.
One macro analyst, Remi Tetot of Global Macro Investor and Real Vision, thinks that Nexus Mutual, an Ethereum-based decentralized mutual, is a project with strong potential.
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Remi Tetot, the co-founder of macro research firm Global Macro Investor, believes that Nexus Mutual (NXM) is extremely valuable in the growing Ethereum DeFi market:
“NXM is unique in its offering but also in the way its price model works. Nexus Mutual also have the advantage of 1st mover in the insurance space in crypto….”