ARNXM-Armor NXMDetailed Description

ARNXM-Armor NXM Detailed Description

arNXM Vault allows users to deposit their wNXM tokens into the Nexus Mutual ecosystem and earn yield without KYC required. Users will receive a new arNXM token as a replacement, which is the yield token of the treasury, locked for 90 days (soon to be changed to 30 days). The treasury will hold a certain amount of reserves, provide liquidity for the exchange between arNXM and wNXM tokens, and deposit the remaining tokens held into the Nexus Mutual system to generate income.