NXUSD

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.