Nerve Finance (NRV)

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Revision as of 06:55, 18 June 2021 by wiki_crypto>Zeb.dyor
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Basics

"Nerve is a trustless on-ramp and stableswap on Binance Smart Chain."

History

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

Governance

Admin Key

"The only admin access control information is in a Twitter Post. The nerve Multisig and it's owners are indicated in a twitter post. There is no evident pause control information explained anywhere in their documentation."

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

  • There is no evident bug bounty program (17-6-2021).
  • Got a score of 34% on DeFi Safety (17-6-2021): "Certik did an audit on them on April 6th 2021. It is a very simple audit that does not even mention finance aspect, the bridge. As such 20% is deducted to 50% final score. Nerve.fi was launched March 1st 2021." With the comment: "No testing, No documentation, and a weak audit."

Bugs/Hacks

Usage

  • From their blog (12-4-2021):

"In the past week, we’ve seen our TVL grown from $200M to over $600M across all our pools."

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

  • From their blog (12-4-2021):

"Raised a round led by 3 Arrows Capital, CMS Holdings, and Alameda Research with participation from Immutable Capital and Primitive Ventures. The treasury sold $2M worth of tokens, and all investor tokens sold are on a 3 month lockup."

Partners

"We're partnering with @terra_money to launch the first low slippage pool for $UST on #BSC This pool allows for swaps between stables, UST, and assets like @mirror_protocol and is part of our multi-chain expansion."

(:

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