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Nexusn Mutual leverages the power of Ethereum to enable people to take risks together without the need for an insurance company. Nexus Mutual adopts a risk-sharing model, behind which there is a risk-sharing pool. The fund pool is managed by community members who hold NXM token (the native token of Nexus Mutual) and vote on the validity of a specific claim.
wNXM is a 1:1 token of NXM (Nexus Mutual).
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