part of the interest $UST offered. Why would we pay a fee to a company if there is no benefit?
Bridge Mutual Ensurance offered coverage to users of the Anchor Protocol for way less than the % Nexo took from their customers
One benefit is that defi savings could be hacked and since its decentralized who would you direct the claim to? Nexo gives a lower %, but its insured. so if someone hacks nexo and still all your coins, the insurance will make sure you get your funds back
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