Nexus Mutual Staked $11M $ETH through Staking Platform Kiln

Nexus Mutual Staked $11M $ETH through Staking Platform Kiln
Source: Nexus

Nexus Mutual, the on-chain insurance protocol, has allocated part of its capital pool to staking with Kiln through Enzyme. 6,624 WETH, more than $11 million from Nexus Mutual’s capital pool are now generating staking rewards that will be used to grow the capital pool and cover future claim payouts.

Kiln is a enterprise-grade staking platform, enabling institutional customers to stake assets, and to whitelabel staking functionality into their offering.

Enzyme is an on-chain asset management system that enables access to digital assets and DeFi from one unified app.

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