About Armor NXM Coin
Armor NXM price today is $40.00 with a 24-hour trading volume of $184,307. ARNXM price is down -7.0% in the last 24 hours. It has a circulating supply of 0 ARNXM coins and a max supply of ?. Uniswap (v2) is the current most active market trading it.
The arNXM Vault allows users to deposit their wNXM tokens in the Nexus Mutual ecosystem and earn yield without requiring KYC.
Users receive a new arNXM token as a replacement which is the yield bearing token for the vault and is not subject to the mandatory 90-day (soon 30 day) lockup period.
The vault will hold a set amount in the reserve to provide liquidity for exchanges between arNXM and wNXM tokens and stake the remaining holdings into the Nexus Mutual system to generate yield.