DeFi insurance platform Nexus Mutual will deploy $29 million in funds to lending agreement Maple Finance to earn income. The proposal of Nexus Mutual DAO is as follows: deploy 10% of the Nexus Mutual treasury and 15,348 Ethereum (currently worth 29 million US dollars) to the WETH pool of Maven 11 Capital on Maple to earn a 9% annual rate of return. ETH lending itself will generate 4% yield, while the remaining 5% yield will come from MPL rewards generated from lending tokens on Maple. The proposal received a 99.09% pass rate when members voted, but because the participation of the DAO was not enough to reach the required number of people, it needed to be voted by the Nexus Mutual Advisory Committee, and 4 of the 5 members of the Advisory Committee agreed to the proposal , so the proposal eventually passed.