wNXM, Wrapped NXM

Your DeFi Dad wants you to stay safe onchain 🛡️ Listen to his fatherly wisdom on LRT yield strategies 👇

Want to purchase cover with $USDC as your preferred payment asset should you suffer a loss? Select USDC from the drop-down menu on the Buy Cover page in the Nexus Mutual UI: v2.nexusmutual.io/cover/buy-… It's that easy!

With USDC added to the Capital Pool, the Mutual can now offer new cover products such as the in-development Depeg Cover, which will be able to protect users against events like a $DAI or $sUSDe depeg. While these new products aren't live yet, they are actively being developed 👀

We're working to protect DeFi users like you against a wider variety of risks with new cover product offerings. Stay tuned for upcoming product updates 🔊 Subscribe to our community newsletter for the latest updates 👇 nexusmutual.substack.com/

🛡️ Now Supporting $USDC Denominated Cover! Now that USDC has been added to the Capital Pool, you can now buy USDC-denominated Protocol Cover in the Nexus Mutual UI We're happy to offer this new cover asset as an option for our members 👇

nitter.poast.org/i/spaces/1OwGWYV…

Join us in 1 hour for our community call, where we'll: 🔹 Review the Mutual's growth in Q2 🔹 Provide an update on Cover Re 🔹 Discuss the Grants & Accelerator Program 🔹 Review governance updates Join us on today's call 👇 nitter.poast.org/i/spaces/1OwGWYV…

🗳️ NMPIP-223: Add USDC as an asset within the Capital Pool @BraveDeFi is proposing that members vote to add USDC as an asset within the Capital Pool to allow the Mutual to sell USDC-denominated cover. Members can review and vote on the proposal over the next 3 days in the Nexus Mutual UI: app.nexusmutual.io/governanc… There are 100 $NXM in incentives that will be distributed across the total number of members who participate in the vote to offset any gas costs. Get out and vote!

We're back over $100m in active cover! Since the beginning of the year, the active cover amount has increased by 3x 📈 We're well on our way to a 10x in cover sales by the end of 2024 💪 See the Covers @DuneAnalytics dashboard for more info: dune.com/nexus_mutual/covers

Purchase protection for either Ether.fi Liquid Vault directly in the Ether.fi Liquid UI 🛡️ ➡️ Ether.fi Liquid Market-Neutral USD Vault app.ether.fi/liquid/usd ➡️ Ether.fi Liquid ETH Yield Vault app.ether.fi/liquid/eth