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.
Armor NXM vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, ARNXM would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of ARNXM might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including ARNXM.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.