Nexus Network provides a non-custodial yield generation platform for idle bridge assets on rollups and EVM chains, utilizing advanced staking technology to deliver secure returns. By enabling users to earn yields of up to 15% on stablecoins and 3-5% on ETH, the platform enhances capital efficiency and rewards within blockchain ecosystems.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HEFounders
Product
Problem
Rollups and EVM chains often have significant amounts of idle assets locked in bridges, representing untapped potential for yield generation within blockchain ecosystems. Current methods for generating yield on these assets may be custodial or lack transparency, creating security risks and limiting capital efficiency.
Solution
Nexus Network provides a non-custodial platform that enables rollups to implement secure yield mechanics for idle bridge assets. By integrating Nexus Network, chains can reward users and dApps with native yields on ETH and stablecoins, differentiating their ecosystem and boosting capital efficiency. The platform utilizes advanced staking technology to deliver consistent returns in a transparent manner, without requiring custody of the underlying assets. Rollups can customize staking limits to align with their specific risk profiles and ecosystem needs.
Target Audience
The primary target audience includes rollup and EVM chain developers looking to enhance their ecosystems with native yield opportunities, as well as users and dApps seeking secure and transparent ways to generate returns on their bridged assets.
Features
- Non-custodial solution ensuring Nexus Network never has access to assets, increasing product security
- Validator management handles end-to-end validator requirements
- Easy integration allowing rollups to integrate with Nexus Network within minutes
- Built-in slashing insurance mechanism enabled from Day 1
- Customizable staking limit enabling rollups to stake anywhere between 0-100% of assets
- Native yields for ETH staking (3-4%), Restaking (up to 5%), and Stablecoin Yields (up to 15%)