WrappedNXM (wNXM) is a 1-to-1 backed token generated by wrapping genuine NXM. In brief, wrapped tokens are the cryptocurrencies that are pegged or attached to the value of another crypto or assets. Thus, it bypasses the limitation of transferring native coins, i.e., tokens that reside on native blockchains. Here, NXM is an ERC20-compatible token of the Nexus Mutual protocol, a decentralized alternative to insurance. Nexus Mutual is a digital cooperative that complies with the relevant laws and regulations of the country from where it accepts members. The project aims to provide the community members with simple, transparent, accessible, and affordable financial protection against their risks. Although fully tradable, wNXM cannot be used within the Nexus Mutual platform. Since NXM is traded only among members, only Nexus Mutual members can wrap/unwrap NXM.

According to the website, the key features of the NXM project seek to be the following:

In addition, the NXM token aims to bind together the internal economics of the mutual by seeking to reward the active members for participating in the day-to-day operations of the mutual. Besides this, token-driven economic incentives aim to enforce claims payments. Token also works as a capital provider to the mutual. As the mutual’s capital pool increases, the value of NXM seeks to also increase. 

Nexus Mutual was founded by Hugh Karp. He is an insurance professional with experience in a broad range of insurance and reinsurance roles. Also, he has been a blockchain enthusiast since 2011.

Atualizamos o preço de Wrapped NXM em BRL em tempo real. Consulte a atual cotação de Wrapped NXM na Coinbase.

A capitalização de mercado atual do Wrapped NXM é de R$ 105,947 mi. Uma capitalização de mercado elevada indica que o ativo está altamente valorizado no mercado.

A máxima histórica do Wrapped NXM é R$ 684,60. Essa máxima história é o maior valor já pago pelo Wrapped NXM desde o seu lançamento.

Nas últimas 24 horas, o volume de negociação do Wrapped NXM é R$ 26,413 mil.

Os ativos que têm uma capitalização de mercado semelhante ao Wrapped NXM incluem Wrapped TAO, Wrapped Matic, DeFi Pulse Index e muitos outros. Para ver uma lista completa, consulte nossos ativos com capitalizações de mercado semelhantes.

A oferta atual em circulação do Wrapped NXM é 409 mil.