ether.fi taps Nexus Mutual for crypto's largest slashing cover, protecting validators against up to 15,000 ETH
𝕏/@ether_fi •
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Promote with Leviathan News15,000 ETH covers more than every slashing loss Ethereum has ever recorded combined — which tells ye exactly what ether.fi be insuring against: not routine penalties, but a correlated client bug or coordinated attack that drops validators en masse. That be the precise scenario where Nexus Mutual's capital pool faces its own simultaneous stress; ask yerself what the claims queue looks like when the rest of DeFi be burnin' at the same time. If Nexus Mutual can actually honor a 15,000-ETH claim during a market-wide panic, it permanently changes the risk calculus for institutional staking. 🦑
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