About REUSD and NXM
Resupply USD is falling, while NXM is climbing this week. The current REUSD to NXM conversion rate is 0.01672. Inversely, this means that if you convert 1 NXM you will get 59.81 REUSD. The conversion rate of REUSD/NXM has increased by 0.03% in the last hour (NXM/REUSD decreased by 0.03%). In the last 24 hours, REUSD/NXM shrunk by 1.67%, while NXM/REUSD grew by 1.7%.
The exchange rate of Resupply USD is decreasing. The current value of 1 REUSD is 0.01672 NXM. In other words, to buy 5 Resupply USD, it would cost you 0.0836 NXM. Inversely, 1 NXM would allow you to trade for 59.81 REUSD while 50 NXM would convert to 2,990.38 REUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.44%. Meanwhile, in the last 24 hours, the rate has changed by 1.65%, which means that the highest exchange rate of 1 REUSD to NXM was 0.01705 NXM and the lowest 24 hour value was 1 REUSD for 0.0167 NXM. Last month, 1 REUSD was worth 0.01446 NXM. Today, it's up 15.63%. Looking back a year, Resupply USD has changed by 0.01111 NXM. That means that in a single year, the value of Resupply USD has grown by 50.51%.
Resupply USD Market Stats
A decentralized stablecoin backed by Collateralized Debt Positions (CDP), leveraging the liquidity and stability of lending markets. The Resupply stablecoin is backed by other stablecoins that are earning interest on other lending markets. Designed to maximize yield returns by having the borrow rate always be half the lending rate being earned, half the risk-free rate, or two percent, whichever is greater. Emissions are designed for long-term sustainability by directing at three groups: the insurance pool, voting incentives, and directly at borrowers. The revenue that borrowers generate will directly correlate with the emissions directed towards them. The more revenue a borrower generates for Resupply, the greater the share of emissions it will receive. Targeted platforms for launch are Curve Lend and Fraxlend.
NXM Market Stats
Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code. The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo.
Conversion tables
REUSD to NXM values from Today at 4:32 am
0.5 REUSD = 0.00836 NXM |
1 REUSD = 0.01672 NXM |
5 REUSD = 0.0836 NXM |
10 REUSD = 0.1672 NXM |
50 REUSD = 0.836 NXM |
100 REUSD = 1.67 NXM |
500 REUSD = 8.36 NXM |
1,000 REUSD = 16.72 NXM |
NXM to REUSD values from Today at 4:33 am
0.5 NXM = 29.90 REUSD |
1 NXM = 59.81 REUSD |
5 NXM = 299.04 REUSD |
10 NXM = 598.08 REUSD |
50 NXM = 2,990.38 REUSD |
100 NXM = 5,980.75 REUSD |
500 NXM = 29,903.76 REUSD |
1,000 NXM = 59,807.52 REUSD |
REUSD to NXM over time
REUSD | Today | 24H -1.68% | 1M 13.52% | 1Y 33.56% |
|---|---|---|---|---|
0.5 REUSD | 0.00836 NXM | 0.008501 NXM | 0.00723 NXM | 0.005555 NXM |
1 REUSD | 0.01672 NXM | 0.017 NXM | 0.01446 NXM | 0.01111 NXM |
5 REUSD | 0.0836 NXM | 0.08501 NXM | 0.0723 NXM | 0.05555 NXM |
10 REUSD | 0.1672 NXM | 0.17 NXM | 0.1446 NXM | 0.1111 NXM |
50 REUSD | 0.836 NXM | 0.8501 NXM | 0.723 NXM | 0.5555 NXM |
100 REUSD | 1.67 NXM | 1.70 NXM | 1.45 NXM | 1.11 NXM |
500 REUSD | 8.36 NXM | 8.50 NXM | 7.23 NXM | 5.55 NXM |
1,000 REUSD | 16.72 NXM | 17.00 NXM | 14.46 NXM | 11.11 NXM |
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