Nexus Mutual (NXM)
Nexus Mutual, launched in 2019, is a decentralized insurance protocol developed on the Ethereum blockchain. It provides users with insurance coverage for smart contracts against potential hacks, commonly known as covers. In February 2021, Nexus Mutual raised over $2.7 million for its foundation treasury. This not-for-profit umbrella organization is responsible for selling NXM tokens to […]
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