EP 28: Economics of Nexus Mutual (2/2) $NXM

Today, we continue part 2 of the economics of insurance. This
episode is  a deep dive into Nexus Mutual, $NXM. I'm not
saying that DeFi is all  about bonding curve....... but I'm
100% going to talk about bonding  curve.    


**Note: This bonding curve is DIFFERENT from the AMM bonding
curve!     


Watch the previous video if you have not done because this is
part 2: https://www.youtube.com/watch?v=i97PVvQrcnc
    


This episode, we cover the general workings of Nexus Mutual and
how they  used token to align incentives of the various
agents: risk assessors,  claim assessors and insurance cover
buyers.    


More importantly, we also dive into the math of Nexus Mutual and
answer  the questions about the monetary policy of $NXM. The
why and how things  are affected in the curve.
   


In general, we follow the economics design framework, looking at
Market  Design, Mechanism Design and Token Design aspects of
the token. Enjoy!    





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