NERI Staking & Voting

warning

NERI token is not yet live or available. Be very diligent of scams. Go slow. 🐌

Guide to staking NERI tokens and participating in governance.

NERI token is the native governance token of the Nerite protocol.

Holders have the power to:

1. Update (increase or decrease) the debt limits for each collateral type the system accepts. Setting the debt limit to 0 would essentially shutdown that collateral branch and only allow repayments.
2. Direct 25% of interest payments which the protocol earns.
3. Vote to control a shared treasury.

NERI holders do NOT have the power to:

• Mint new NUSD or control user Troves.
• Upgrade the protocol or change the rules.
• Add new collateral types.
• Change the split or behavior of protocol interest payment fees.

NERI Staking

Coming Soon.

NERI Liquidity Incentive Gauges

Coming soon.

NERI Treasury & Protocol Owned Liquidity

Coming soon.