Nexus Mutual
nxm
#339
$67.02
-0.41% (1d)Market Cap
$162.7M
BTC Price
$0
FDV
$162.7M
Vol24h
$0
Circulating Supply
2.4M nxm
Total Supply
2.4M nxm
Info
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Website
Website Whitepaper -
Community
-
Algorithm
-
Proof Type
-
Block Reward
0
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All Time High
$185.97
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ATL Date
11/10/2021
The current price of Nexus Mutual is $67.02 in USD. As of now, a total of 2.4M nxm are in circulation across the market. Nexus Mutual has experienced a price change of -0.41% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Nexus Mutual trading volume on crypto exchanges has reached $0.
Description
Nexus Mutual (NXM) is a decentralized insurance platform founded by Hugh Karp in 2017, built on the Ethereum blockchain. It empowers members to share risks and purchase various cover products. Governed by The Foundation and the Nexus Mutual DAO, the protocol allows for risk underwriting, claims management, and the creation of risk management enterprises. The NXM token, central to the ecosystem, facilitates on-chain and DAO governance, staking, and claims assessment. The token operates on a bonding curve model, ensuring a balance between having ample funds for claims and not hoarding excess capital.
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