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Nerve Finance

Nerve Finance (NRV) is a StableSwap AMM designed to allow trading stablecoins and pegged synthetic assets quickly with minimal slippage. $NRV is the governance token of the Nerve Finance protocol[1].

Overview

Nerve is an Automated Market Maker (AMM) specifically designed for trading stablecoins and pegged assets on the Binance Smart Chain (BSC). Nerve's first pool is launching with a basket of dollar-pegged stablecoins consisting of BUSD, USDT & USDC[2].

NRV value comes from the governance capability of the protocol as well as a cash flow to token holders from protocol fees & revenue. NRV has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money[3].

However, Users can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade (exchange) this coin, in this guide article we will walk you through in detail the steps to buy NRV[4].

NERVE acts as a third-party tool that can be used on top of any other social media platform and runs almost entirely on the Ethereum blockchain. The NERVE app is available for Windows, Android, and iOS

NRV Token

  • NRV is a BEP20 governance token capped at 100,000,000 NRV
  • Tokens are rewarded to liquidity providers and stakers
  • NRV can be staked for $xNRV to receive additional NRV, based on trading fees, deposit fees, and emissions
  • The initial emission schedule is mint 50 tokens per block, reducing by 33% each week, Following that, each weekly emission will decrease by 10%[5][6]
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Nerve Finance

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August 6, 2022

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