Governance: Voting rights.
Staking NEP tokens to provide liquidity and earning rewards
Staking NEP tokens to become coverage reporter
Staking NEP tokens to create a new coverage market
Foreign assets farmed under NEP pool will be used to purchase NEPs which will then be burned.
Creating a new coverage pool requires you to burn 1000 NEP tokens. Coverage creators will earn a small portion of the coverage fees collected in DAI/USDC/BUSD or ETH/BNB/MATIC.
4000 NEP tokens must be staked when creating a coverage pool. The higher your stake, the more visibility your coverage will get in the market.
Coverage pools are available in stablecoins. We deduct 6.5% of the coverage fee or coverage claim in the stablecoins. The acquired stablecoins will be used to purchase NEP tokens in a decentralized exchange and then immediately burned in a single transaction.
Providing liquidity to a coverage pool requires you to stake 250 NEP or higher.
NEP Token Owner