# Proposal X: Incentives for staking on yearn smart contracts via nexus mutual

**URL:** <https://gov.yearn.fi/t/proposal-x-incentives-for-staking-on-yearn-smart-contracts-via-nexus-mutual/197>\
**Category:** Vaults\
**Created:** [21 July 2020 22:05 UTC](https://gov.yearn.fi/t/proposal-x-incentives-for-staking-on-yearn-smart-contracts-via-nexus-mutual/197 "2020-07-21T22:05:12Z")\
**Posts on this page:** 5\
**Page:** 2

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**Author:** ![tracheopteryx](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/tracheopteryx/32/3979_2.png) [@tracheopteryx](https://gov.yearn.fi/u/tracheopteryx)\
**Post date:** [11 August 2020 14:24 UTC](https://gov.yearn.fi/t/proposal-x-incentives-for-staking-on-yearn-smart-contracts-via-nexus-mutual/197/21 "2020-08-11T14:24:21Z")

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> [@nxm\_chad](#):
>
> Another solution might be coordinate community funding to buy insurance for everyone using yearn collectively.

Could we roll our own? Maybe this is something to do down the road, but we could give yearn users the option of paying x% into a yInsurance pool that is governed by the yearn community similarly to how nexus does it.

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**Author:** ![mattdw](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/mattdw/32/1799_2.png) [@mattdw](https://gov.yearn.fi/u/mattdw)\
**Post date:** [11 August 2020 22:13 UTC](https://gov.yearn.fi/t/proposal-x-incentives-for-staking-on-yearn-smart-contracts-via-nexus-mutual/197/22 "2020-08-11T22:13:28Z")

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I don’t see anything in the documentation or T&Cs that specifically state this isn’t possible.

The trick is the trust aspect of things - eg, nobody would want me to be the KYC’d person because I’m just a rando. It’d probably have to be Andre himself or a member of the multisig, and the smart contract would probably require multisig support to ensure there’s a sufficient level of trust.

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**Author:** ![urizenus](https://avatars.discourse-cdn.com/v4/letter/u/c68b51/32.png) [@urizenus](https://gov.yearn.fi/u/urizenus)\
**Post date:** [13 August 2020 03:31 UTC](https://gov.yearn.fi/t/proposal-x-incentives-for-staking-on-yearn-smart-contracts-via-nexus-mutual/197/23 "2020-08-13T03:31:02Z")

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> [@nxm\_chad](#):
>
> > Another solution might be coordinate community funding to buy insurance for everyone using yearn collectively.
> 
> Could we roll our own? Maybe this is something to do down the road, but we could give yearn users the option of paying x% into a yInsurance pool that is governed by the yearn community similarly to how nexus does it.

This. Good idea. Maybe when things slow down a little (hah!) we can pitch it to Andre.

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**Author:** ![oilers777](https://avatars.discourse-cdn.com/v4/letter/o/ebca7d/32.png) [@oilers777](https://gov.yearn.fi/u/oilers777)\
**Post date:** [26 August 2020 21:54 UTC](https://gov.yearn.fi/t/proposal-x-incentives-for-staking-on-yearn-smart-contracts-via-nexus-mutual/197/24 "2020-08-26T21:54:00Z")

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good idea. even YFI token incentives for staking other tokens as well

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**Author:** ![nxm\_chad](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/nxm_chad/32/49_2.png) [@nxm\_chad](https://gov.yearn.fi/u/nxm_chad)\
**Post date:** [7 September 2020 13:10 UTC](https://gov.yearn.fi/t/proposal-x-incentives-for-staking-on-yearn-smart-contracts-via-nexus-mutual/197/25 "2020-09-07T13:10:48Z")

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YFI + Nexus Mutual already in a marriage.

Time to have a child 🧒

[https://twitter.com/nxm\_memes/status/1302956823792594944](https://twitter.com/nxm_memes/status/1302956823792594944)

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