Season 3 Ideas - Nerite USND streaming users

Season 3 ideas - Nerite USND streaming users

1. Project Name - Nerite

  1. Project Description - Nerite issues USND: the first natively streamable stablecoin. Which is also built with superfluid.

3. Website

4. How does the project use Superfluid?

The USND stablecoin has superfluid built into it natively, allowing streaming with no wrappers. Composability for the win.

5. Team Members - Cupojoseph

  1. Social Links - x.com/neriteorg

  2. Dune dashboard (if available) - will be available in a few days

  3. Contract Addresses - Nerite Protocol Contracts | Nerite Protocol Documentation

  4. Networks - Arbitrum

  5. SuperTokens Used - USND

  6. Total Superfluid Volume - $0

  7. Total Users - 100

  8. Current Daily Active Users - 100

  9. Current Superfluid Volume - $0

  10. Fee Structure - 25% of fees for borrowers are directed by the DAO

  11. User Persona - Defi native borrowers

  12. KPI to be incentivised by SUP - USND deposited in the stability pool and volume used for DCA streams.

4 Likes

Thanks for your post!

I have a question about the KPI(s)

Will there be any prioritisation between the stability pools? For example:

  • Extra rewards for depositors on pool X, Y, Z
  • Higher % for deposits up/above XX USND
  • Etc

Thanks in advance!