Nexus MutualSolvency Bulletin · the on-chain record
Every cover, claim, assessment, stake and swap for Nexus Mutual on Ethereum mainnet, indexed from the 2019 genesis block to the chain head. The cover book spans three buy and edit signatures across two protocol upgrades, reconciled to the protocol's own views.
The cover book, across three eras
One Cover contract. Three buy and edit signatures. Every record indexed and reconciled.
One Cover contract address, three buy and edit signatures across two upgrades. The current v3 signature accounts for 1,688 of 5,098 records. The two retired signatures to its left hold the remaining 3,410 covers, 67% of the book, and reconcile exactly to the contract's own getCoverDataCount().
Era breakdown, as a table
| Era | Signature | First block | Last block | Covers | Share |
|---|---|---|---|---|---|
| V2 book | CoverEdited | 16,841,130 | 22,483,620 | 2,385 | 46.8% |
| v2.12 | CoverBought (v2.12) | 22,489,596 | 23,683,190 | 1,025 | 20.1% |
| v3 · current | CoverBought (v3) | 23,690,751 | 25,548,077 | 1,688 | 33.1% |
| Total book | 5,098 | 100% | |||
What backs the book
The Minimum Capital Requirement the mutual holds against live cover, tracked per update.
Minimum Capital Requirement
Ether, per MCRUpdated event, since the v3 capital pool. 1,259 updates indexed.
NXM, priced and wrapped
NXM trades against ETH through the RAMM. wNXM is its freely transferable, fully backed wrapper.
The NXM value engine
RAMM spot, ETH per NXM, implied from the latest swaps.
wNXM backing
Wrapped NXM in circulation against the NXM the wrapper holds.
Reconstructed independently from 438,058 transfer logs, the wrapper at 0x0d43…2bde holds exactly the NXM that backs the wrapped supply.
Claims and the vote trail
Post-committee claims, with assessor tallies and terminal payouts.
Claims & assessment
8 v3 claims redeemed, 29 legacy claims on record.
| Claim | Cover | Product | Votes | Payout, USDC | Status |
|---|---|---|---|---|---|
| #36 | 4403 | 229 | 2/2 for | 3,060.86 | paid |
| #35 | 3411 | 211 | 3/3 for | 2,763.68 | paid |
| #34 | 3256 | 285 | 2/2 for | 28,090.46 | paid |
| #33 | 3296 | 228 | 2/2 for | 602.02 | paid |
| #32 | 3306 | 211 | 2/2 for | 888.54 | paid |
| #31 | 3305 | 307 | 2/2 for | 469.63 | paid |
| #30 | 3420 | 211 | 2/2 for | 42,198 | paid |
| #29 | 2946 | 211 | 2/2 for | 23,501.75 | paid |
Every v3 claim carries its assessor vote tally and terminal payout. Pre-v3 claims and votes are indexed under the legacy contracts at their own signatures.
Two eras of staked capital
The legacy PooledStaking module and the current v2 pools, both indexed in full.
Legacy PooledStaking
95,231 events across 17 types, 1,637 stakers, 2019 to 2022.
v2 staking pools
32 pools, registered from the factory event.
| Pool | Address | Active NXM | Deps |
|---|---|---|---|
| #22 | 0x5a44…50b3 | 147,662 | 113 |
| #2 | 0xf374…660a | 135,430 | 95 |
| #5 | 0xcf4a…cf9f | 112,503 | 44 |
| #23 | 0x778c…f378 | 106,858 | 55 |
| #1 | 0x4ab0…a0f8 | 46,062 | 5 |
| #8 | 0x34d2…6c16 | 27,786 | 32 |