That's a really cool project with its democratic claim assessment, and I admire their transparency. But as with everything related to safety in crypto, today it

That's a really cool project with its democratic claim assessment, and I admire their transparency. But as with everything related to safety in crypto, today it's still based on optimism. For example, today the 5-member Advisory Board has unilateral power to change the contract as they see fit[1], and only the smart contracts have been audited, not the organization itself[2]. The only information about this all-powerful Advisory Board is on the home page, and I'm forced to take that at face value. What happens if I put my money there, the board runs away with it, and I try to sue them only to find out that these five people don't exist, or are not related to the project? This is far from the basic security level of any traditional financial institution. Again, I have major respect for this team. The service is useful, and the documentation is honest and comprehensive. But a blockchain plus this insurance does not make a safe consumer space. [1] https://nexusmutual.gitbook.io/docs/users/understanding-nexus-mutual/governance#decentralisation-trade-offs https://nexusmutual.gitbook.io/docs/users/understanding-nexu... [2] https://nexusmutual.gitbook.io/docs/welcome/audits-and-security https://nexusmutual.gitbook.io/docs/welcome/audits-and-secur...