DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget

The funding request is a 41% decrease from the project’s previous team budget. Much of the drop can be attributed to nearly $100,000 in unspent funds earmarked for the former head of marketing, who left in August. Marketing responsibilities will be shouldered by Nexus Mutual’s Community team, the blog post said, but there are plans to eventually fill the role, Community team lead BraveNewDeFi told CoinDesk.