The arNXM Vault allows users to deposit their wNXM tokens into the Nexus Mutual ecosystem and earn yield without requiring KYC. Users receive a new arNXM token in return, which represents their claim to the Vaults earnings, locked for 90 days (soon to be reduced to 30 days). The Vault holds a certain amount of reserves to provide liquidity for the exchange between arNXM and wNXM tokens, and it deposits the remaining held tokens into the Nexus Mutual system to generate yield.
