Ease Staked NXM
STNXMProject Safety Score: 6%
Updated 3 weeks, 3 days agoMechanics
Distribution
& Market
Behavioral
Credibility
stNXM is a liquid staking token for Nexus Mutual capital providers. It allows users to underwrite coverage being sold on Nexus and receive premiums without needing to sacrifice liquidity and composability. This LST is a simple set-and-forget system where all of the administrative work of staking into various coverage pools is done for them, and yield generated from the protocol is rolled back into staking. stNXM generates real yield through a method previously unseen by any other yield-bearing tokens.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
