Secure your allocation and join the next phase of the ecosystem.
A stable dollar backed by stocks. Nest lets you deposit tokenized equities, mint nUSD, and earn protocol revenue through staking — all while your collateral remains on-chain and transparent.
Depositing approved tokenized equities mints nUSD. That collateral remains on chain, fully visible, under the protocol's collateral and liquidation rules.
Borrowers pay stability fees. Protocol reserves earn base stablecoin yield once realized. That revenue flows to snUSD holders through the staking share price.
Swap USDC for nUSD, then stake into snUSD. When revenue is harvested, the snUSD redemption value grows. Cooldown is set by the staking program.
Tokenized equity collateral and USDC reserves, verifiable on chain.
|
nUSD
|
USDC
|
|
|---|---|---|
| Backed by | Tokenized US equities + USDC | US Treasuries |
| Yield to holder | Target APR via snUSD staking | Issuer retained |
| PSM exit | 1:1 when idle USDC is available | 1:1 with issuer |
| Issuer | Permissionless protocol | Circle Inc |
| Backing transparency | ✓ Live on chain | Monthly attestation |