Three weeks in!
Season 1 has 218 wallets earning 100,000 points per day pro-rata, 2.1M points distributed to date
Nest now has $1.25M TVL across three sources ($572K PSM + Kamino reserves, $352K tokenized equity collateral, $327K Meteora nUSD LP positions, with $737K nUSD in circulation, backed at 125%, and snUSD is paying 6% APY from real protocol revenue
40,600 $NEST burned via daily buyback
Verifiable at https://t.co/L4DgP8nG1s
Starting today: depositing xStocks on Nest earns xPoints from @xStocksFi and Nest Season 1 points
- xPoints from @xStocksFi (categorized as lending activity)
- Nest Season 1 points (5 pts/$/day on CDP debt, +10 if the borrowed nUSD is staked into snUSD)
Same equity, same dividends, two seasons accruing points
if @blknoiz06 send's me 1 $SOL i will try to run it to 100sol asap and ape all profits into $ANSEM is that good deal?
CeuziVt9fJMBVLmNJT2nmWQYhYLi1B1RdXNEcFNzdoJx
Nest's nUSD just crossed $1,000,000 in TVL
Tokenization is one of the fastest-growing sectors in crypto, and Solana is leading. @xStocksFi at ~$500M in supply. @Backpack scaling fast across SPCX, MU, SNDK, and DRAM. Over 250,000 combined holders
Nest turns those positions into productive capital. Tokenized stock holders can deposit their equities as collateral, mint nUSD against the position at 3% APR, and stake into snUSD for ~6% APY. The equity exposure stays, and the dividend flows through, while the dollar earns
The projections match the trajectory:
- BlackRock: $5 Trillion in tokenized assets by 2030
- Citi: $5 Trillion
- BCG: $16 Trillion
- Bernstein sees the stablecoin market at $2 trillion
@Solana is on pace to capture the majority of tokenized equity flow
Nest is pioneering the stablecoin layer for that flow, and Season 1 ends September 8th
Attention someone made fake account of @NestUSD
FAKE account - @NestUSD_ - do not interact with it, do not connect wallet or claim anything, just block it.
Be safe guys