There are currently only 2 LSD platforms on Aptos, and they have less than $5m TVL. This could either present a market opportunity to gain monopoly of the chain space, or a simple proof that there is currently no interest in liquid staking on Aptos to be concerned about due to the large giants of RocketPool and Lido.
They have pretty much the same tokenomics and utility of Lido, hence I cannot really see what the uniqueness or the USP of the project is, apart from it being on a different chain and being able to use stAPT for dapps on Aptos.
Are they called Nexum or Nexm? Their logo seems to show 'Nexum' (pg10, pg11) and I tried googling them to see if there have any website/socials that I could look into, but the top search for 'Nexm Finance' is another crypto project that is focused on the Shipping and Oil industry called 'Nexum Finance'.
Although the names are different for both name and token, I could still see some confusion happening for investors without proper management of SEO when their website is eventually live. Show Less
