Armor NXM

ARNXM

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News

Historical Whale Trends Indicate Potential Rebound for Ethereum

Recent analysis of historical whale trends suggests that past accumulation phases, particularly in 2019 and 2023, preceded rebounds in Ethereum's value.

Rajesh Kumar

2 minutes ago

Bithumb to Temporarily Suspend SWELL Transactions for Network Upgrade

Bithumb, South Korea's leading cryptocurrency exchange, will temporarily suspend SWELL deposits and withdrawals for a crucial network upgrade.

Lucas Weissmann

6 minutes ago

ETH Derivatives Show Caution Amid Declining TVL and Network Fees

Traders show fading bullish appetite for ETH as TVL declines and network fees decrease, leading to risk aversion.

Emily Carter

11 minutes ago

US Job Market Weakens, Affecting Trader Confidence in Ether

The weakening US job market and rising layoffs contribute to a cautious sentiment among Ether traders.

Filippo Romano

11 minutes ago

What is Armor NXM?

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.