the nest Assistance Fund veNEST is now in the HYPE Engine Vault, and $100k of accumulated revenue was added as protocol owned liquidity.
every dollar the AF earns now programmatically buys back NEST. it claims zero HYPE bonuses.
more HYPE for everyone locking in the HEV.
Bought this
Founder is the founder of an already trusted project (pear), 2m cap on robinhood, and every new chain needs an aggregator (ie. oogabooga on bera went to 30m)
still a matcha maxi but there's no token there
$NEST (on hyperliquid) now pairs NEST in every LP. PoL:
- reduces dependence on mercenary LPs --> volume/fees become more resilient
- could cover core depth w/out 3rd parties for some LPs, allowing emission reduction
- deepens markets --> more volume
- boosts yield
Bullish