Nexus Mutual DAO Offers $600,000 in Grants

The **Onchain Risk Map** has launched as the first comprehensive taxonomy for crypto and DeFi risk assessment. Built in collaboration with OpenCover, this common-good framework provides risk professionals and onchain users with a systematic approach to understanding digital asset risks. The framework categorizes onchain risk across **six core dimensions**: - Custody - Transactions - Protocols - Digital Assets - Staking - Systemic Risk A launch webinar is scheduled for **February 11 at 17:00 CET**, featuring experts including Jeremiah, tokendata, and s3mtur4n. The session will include a detailed walkthrough and Q&A, streaming live on X and LinkedIn. This institutional framework aims to help both professionals and everyday users navigate the complex risk landscape of decentralized finance more effectively.

A DeFi risk management discussion is scheduled for January 22nd, featuring industry experts Hugh Karp and tokendata. The briefing will cover: - Vault security and architecture - Institutional participation in DeFi - Recent hacks and vulnerabilities - Claims processes and risk mitigation The session aims to address the critical challenge of maintaining institutional confidence in decentralized finance as traditional players enter the space. [Join the discussion](https://x.com/i/spaces/1ynJOMBYWLAKR)

Nexus Mutual has published **The Nexus Review**, their Q4 and 2025 wrap-up report covering DeFi risk management and claims processing. The report, introduced by Hugh Karp, emphasizes the protocol's consistent approach to onchain risk. Key areas covered include: - DeFi risk assessment and management - Claims processing and payouts - Vault operations - Institutional adoption trends The full report is available at [docs.nexusmutual.io](https://docs.nexusmutual.io/bookshelf/NM_Q4_REPORT.pdf)

**Multi Protocol Cover** now offers comprehensive protection for DeFi strategies spanning multiple protocols. This consolidated coverage extends beyond single protocol protection, safeguarding users against: - Smart contract hacks and exploits - Oracle failures - Cross-protocol risks The service builds on existing single protocol coverage for platforms like Aave and Uniswap, now providing **unified protection** for complex multi-protocol strategies. [Watch the walkthrough](https://youtu.be/yITiIAgGsd0?si=_9tzenRdBEMruoit) to understand how consolidated coverage works across different protocols.

**Nexus Mutual members are voting on a proposal to create a USDC-denominated yield-bearing vault** that would bring real-world insurance returns to crypto capital. The proposal, known as NMPIP (Nexus Mutual Protocol Improvement Proposal), is currently open for voting on Snapshot for 3 days. **Key details:** - Vault would operate under the Nexus Mutual umbrella - Focus on generating yield through real-world insurance activities - Requires technical, legal, and operational development work - Would involve collaboration between DAO R&D team and Foundation teams If approved, development teams will begin the complex process of building the infrastructure needed to bridge traditional insurance returns with crypto capital. The initiative represents Nexus Mutual's expansion beyond pure crypto insurance into broader financial products. [Full forum discussion](https://forum.nexusmutual.io/t/nmpip-real-world-insurance-vault-bringing-insurance-returns-to-crypto-capital/1818)