Nerite
@NeriteOrg
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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
The Nerite protocol is now live. Borrow, Stream, and Earn with $USND. Arbitrum Everywhere.
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RT @arbitrum: Borrow, leverage, and more with @NeriteOrg's.stablecoin app. π. Arbitrum Everywhere. Nerite Everywhere. .
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RT @CupOJoseph: How it feels to have borrowed against ETH at 0.5% APR on @NeriteOrg, and bought more ETH a few weeks ago. .
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RT @CupOJoseph: The #1 best way to borrow against your BTC with the highest security guarantees and lowest fees:. 1. mint native tBTC fromβ¦.
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πβπΌβπΌ π»ππΌπ πβπΌ πππΌππ» βπππΌ π½βππ??. USND deposited in the stability pool earns:. 1. 75% of all protocol revenue from the interest borrowers pay on their USND loans. 2. 100% of all liquidation fees. 3. Extra token incentives from partners like @Superfluid_HQ.
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RT @Superfluid_HQ: 4/ @NeriteOrg. Stablecoins that donβt just sit there. USND is redeemable, streamable, and you set your own borrowing raβ¦.
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RT @mermand0: If you are on Arbitrum, look into using Nerite for your borrowing. Great rates that you control, generous LTV's, solid contraβ¦.
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RT @bluechip_org: Liquity v1 proved the demand for a stablecoin protocol built on immutable, governance-free contracts. Now, @LiquityProtoβ¦.
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RT @CupOJoseph: 4 strats for degens, smol brains, farmers, or giga brains:. 1. Degens: cheap (0.5% APY) leverage on ETH, LRTs, BTC, ARB. 2.β¦.
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Who is Nerite for?. 1. Anyone who wants to easily borrow against ETH, tBTC, ARB, and more at custom set, low, fixed interest rates with no fees. 2. Anyone who wants to hold a simple stablecoin ($USND) that can also earn yield from our borrowers. Degens to crypto noobs. Anyone.
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Now this guy knows how to Go Slow.
starting the day off slow . but the mandate stays the same
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If you've gotten a share of the 400,000 ARB shared out on Kaito, instead of selling it, consider depositing on Nerite. You can borrow our USND stablecoin against ARB at a minimum 0.5% interest rate and use USND to buy ETH, farm stable yield, and more.
Yappers, the Arbitrum x @KaitoAI Leaderboard is here with 400,000 ARB to be distributed during 3 months. Do your thing. Sincerely, The Marketing Dept.
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1 month of Nerite. π $7.2M TVL (including stability pools).π $2.35 Million USND minted by borrowers.π $4,898 in fees generated total (all given back to users)
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Nerite issues USND: the Arbitrum native dollar. USND is a yield bearing stablecoin pegged to $1.00.
Nerite issues USND: the Arbitrum native dollar.
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The Nerite takeover on Basepaint continues. Cutest snails on the block!
Nerite is taking over @basepaint_xyz for the day!. Come paint a collaborative NFT with us over the next 24 hours. It will be available for minting as an NFT tomorrow. Go Slow π
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