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Lecture 11: #DeFi Insurance — Protect Yourself
Problem: DeFi hacks happen. Smart contracts fail.
Solution: DeFi Insurance protects your money in case things go wrong.
Example:
▶️ You use a DeFi app.
▶️ Buy a small insurance policy from Nexus Mutual.
▶️ If the app gets hacked, you get compensated.
Top DeFi insurance platforms:
▶️ Nexus Mutual
▶️ InsurAce
Tip: Always protect your larger DeFi investments, especially if farming or lending.