Nexus Mutual vetoes claim for loss due to Maker liquidation auction

Ethereum-based mutual insurance platform Nexus Mutual has announced that it has rejected claims for losses caused by Maker liquidation auctions because only one robot bids in the auction and is not covered by smart contract insurance. Nexus Mutual claims that after a lengthy discussion, all claims due to the Black Thursday plunge were rejected. A total of 16 claims were filed in this incident, all of which were rejected. Among them, the number of votes rejected was 99.96%, the pledged assets were US $ 2,218,270, the votes in favour were 0.04%, and the pledged assets were US $ 786.