Nexus Mutual Cover

Security and peace of mind are paramount when managing your portfolio. That’s why we’ve integrated Nexus Mutual cover protection into our core experience—making Brava one of the first stablecoin management platforms to provide complete end-to-end cover for all strategies. This integration helps safeguard assets allocated through Brava’s strategies against potential smart contract vulnerabilities, offering reduced risk exposure while optimizing stablecoin yields.

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What is Nexus Mutual?

Nexus Mutual is a leading decentralized protection protocol in DeFi, designed explicitly for blockchain applications. Through a community-driven capital pool, it offers cover against smart contract risks and other DeFi-related vulnerabilities.

Key features of Nexus Mutual include:

• Protocol-specific cover for top DeFi platforms

• Decentralized risk assessment carried out by community members

• Proven claims process with a track record of successful payouts

• Transparent terms backed by clear documentation

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Brava’s Protection Integration

A core part of Brava’s platform is our fully integrated cover offering via Nexus Mutual. When you deposit stablecoins into any Brava strategy, your assets automatically receive cover protection. This cover is optional—if you want to maximize yield by taking on more risk, you can deactivate it.

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Protection Coverage Tiers

Brava strategies align with three different Nexus Mutual coverage tiers, each tailored to distinct risk profiles:

Strategy	Risk Level	Nexus Mutual Tier
Conservative Yield	Low	Entry Cover
Balanced Yield	Medium	Essential Cover
Advanced Yield	High	Elite Cover

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How Protection Works with Brava

1. Automatic Coverage: Protection is embedded in each strategy, activating when you deposit funds.

2. Full Protocol Coverage: Every protocol utilized within Brava strategies is covered under the relevant Nexus Mutual tier.

3. Continuous Monitoring: Our risk management system verifies cover status to ensure ongoing protection.

4. Dynamic Rebalancing: Brava automatically rebalances to maintain coverage if a protocol loses Nexus Mutual coverage.

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Protection Verification

Verifying your active cover is simple within the Brava platform:

1. Go to the Portfolio section.

2. Review active cover policies, including coverage amounts and terms.

3. Check coverage expiration dates.

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How to Claim via Nexus Mutual

1. Navigate to the Nexus Mutual Claims Portal

   

   https://v2.nexusmutual.io/cover/your-covers
2. In a separate window, navigate and add your Brava deployed Safe wallet into the Safe UI

   

   https://app.safe.global/new-safe/load
3. On the Nexus Mutual Claims Portal, connect via 'Wallet Connect' to your Brava Safe

   
4. Once connected, if not already, click to become a member of Nexus Mutual - a prerequisite to creating a claim for one of your covers.

   

   Become Member Portal (0.002 ETH Nexus Mutual fee)
5. You can now submit a claim via the Claims Portal 'Your Covers' table. You can read more about the process on the official Nexus Mutual documentation.