@0xriptide@NexusMutual we will get there.
Need to make sure to get Insurance (pricing) right otherwise its just another layer that is burned through in case of loss event
@MacroMate8 How is Active Threat Monitoring going to look like in practice? Are you implying to catch the attack before it happens? Solana Devs reading
every code commit? Monitoring asset flow? This might sound nice but not viable for Solana as a Governance Entity
The largest line in the @onrefinance book is currently a Contingency-Europe line.
Contingency is highly correlated to systemic events that will stress every other line in the book (think: pandemic, global disruptions) creating massive tail correlation. Contingency losses are opaque, litigation-prone, and slow-developing.
Pair this with thin actuarial basis making the pricing essentially guess work.
That "stable NAV making it viable as DeFi Collateral" is one systemic event away from simultaneous drawdown across every line, with the largest position being the least transparent to resolve.