NXUSD
Nereus is a decentralised, non-custodial liquidity market protocol in which users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers can borrow in an over-collateralised (perpetually) or undercollateralised (one-block liquidity) fashion. Nereus is optimised to provide dynamic and fixed interest rates with lower collateral requirements, with a focus on use cases beyond trading and price speculation. NXUSD is algo stablecoin issued by Nereus Finance.
Overview
Nereus is a decentralised, non-custodial liquidity market protocol in which users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers can borrow in an over-collateralised (perpetually) or undercollateralised (one-block liquidity) fashion. Nereus is optimised to provide dynamic and fixed interest rates with lower collateral requirements, with a focus on use cases beyond trading and price speculation. NXUSD is algo stablecoin issued by Nereus Finance.
- Sector
- # Stablecoins
- Ecosystem
- Avalanche
Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
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