Redeemable & Streamable stablecoins. Borrow our yield-bearing USND stablecoin at an interest rate you choose yourself. Built for @Arbitrum. Go Slow.
Aquarium
Joined October 2024
- Tweets 621
- Following 28
- Followers 2,269
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Introducing 🐚Shell Points🐚– Nerite's new loyalty reward system.
Normal points programs are boring. Shells are real tokens on @Arbitrum.
We're giving 1 million Shells to Nerite users every day, starting now. They're already in your wallet.
Full detailed blog linked below👇🔗
Nerite's yUSND uses @yearnfi too!
all this blackbox nonsense around yield-bearing stablecoins, when all you had to do was:
- deposit into @yearnfi's ysyBOLD
- earn yield in BOLD from interest that borrowers pay and liquidation gains on @LiquityProtocol
- be earning 9%
real DeFi has always been here
Nerite retweeted
Two stablecoins you can borrow at just 0.5% managed interest rate:
→ BOLD by @LiquityProtocol, borrowed against rETH
→ USDN by @NeriteOrg, borrowed against rsETH, COMP and weETH
Borrow using managed rates.
Broke: hedgefunds larping as stablecoins
Bespoke: real stablecoins, with no centralized custodian, that are always redeemable for $1 of collateral
Use $USND
Nerite retweeted
12 campaigns. 25M SUP.
Season 4 brought everything: DeFi innovation, UBI, tokenized solar energy, meme-fueled music platforms and even NFTs that stream tokens.
Here's the full lineup ⤵️
Nerite retweeted
💪 @CupOJoseph and @NeriteOrg needed a core stack to launch their latest tBTC yield product on @Arbitrum, Enzyme Onyx delivered.
@TheTNetwork's tBTC holders now have a seamless way to generate yield through Nerite's native stablecoin USND and lending protocol.
Curious to learn more? enzyme.finance/blog-posts/ne…
Nerite's primary USND pool on Balancer is NOT directly affected by an exploit on Balancer this morning, as we are not using their V2 pools.
Several LPs have withdrawn their liquidity regardless, which may create peg volatility. We are working to source more stable liquidity.
Vote for Nerite to get more SUP token rewards!
Time to decide where 25M SUP flows next.
Season 4 voting is live with 12 eligible campaigns.
@SuperBoring_xyz @betonbanger @StremeFun @Giveth @GoodDollar @NeriteOrg plus fresh faces!
May the best apps get SUPed 🌊
Nerite retweeted
Use @SuperBoring_xyz to linearly DCA in or out of ETH and USND, increasing capital efficiency by streaming money constantly.
Nerite retweeted
good BOLD morning
ready to deposit into vaults that farms across the various V2 ecosystems for you? 👀
What does this mean exactly:
Users will be able to deposit tBTC (other assets coming afterwards) into a structured Onyx vault managed by Avantgarde Finance which uses Nerite to generate yield.
Introducing 𝔼𝕟𝕫𝕪𝕞𝕖 𝕆𝕟𝕪𝕩:
Managed structured products for LPs who want to farm with the giga brains.
Nerite is proud to be a launch partner as we spin up custom vault strategies for our users on Arbitrum. 🐌
Today, we’re proud to unveil Enzyme Onyx: the tech stack to issue, structure, and administer next-generation financial products capable of delivering investment strategies across any asset class, protocol, or network 👇
enzyme.finance/products/onyx…
What does this mean exactly:
Users will be able to deposit tBTC (other assets coming afterwards) into a structured Onyx vault managed by @Avantgardefi which uses Nerite's ecosystem to generate yield.
Deposits will be opened in the coming days so follow closely.
Nerite retweeted
x402 doesn't make sense.
If the point is bots reading pages & making teeny tiny micro payments it won't be paid by page. That's human thinking.
It will be paid by data size streamed.
Which means you need a streamable currency too.
You need @NeriteOrg's USND on arbitrum.
Nerite retweeted
there's a difference
Nerite retweeted
Centralization is one of the most important security risks in DeFi and yet most devs dismiss these issues.
@CupOJoseph is one of the most diligent builders when it comes to security. Proud to be supporting @NeriteOrg