In the last week, the mutual sold $2.5m USD worth of cover and earned $9.6k USD in fees, as outlined below.
Liquid Collective and Nexus Mutual has been partnering for more than six months as part of Liquid Collective’s Slashing Coverage Program, which enables stakers to get coverage for both network-wide events and node operator failures.
The weighted average expiry period is 43 days. In other words, the current active covers will expire within an average of 43 days. You may view the full list of active covers on the DAO-maintained Covers Data Dashboard on Dune.
Active Cover as of 9 October 2023
Total active cover stands at $31.4m with active coverage by cover type and by staking pool as follows. All the below data point screenshots are made from the Covers Data Dashboard.
You may read more about the current product portfolio offered by Nexus Mutual and take a look at the cover wordings in the Nexus Mutual Documentation.