What is Nexus Protocol? Learn about Nexus Protocol and the $PSI . token

• Nexus Protocol Overview
• $PSI . Token Overview
• summary

Nexus Protocol Overview

What is Nexus Protocol?

Nexus Protocol is a protocol that provides a bridge between users and profitable products in the Terra ecosystem. Nexus Protocol will help investors optimize profits and protect users from the risk of asset liquidation on Lending & Borrowing projects in the Terra ecosystem.

Some outstanding products of Nexus Protocol

The first product of the Nexus Protocol was the Nexus Anchor vault. Here users can deposit bLuna or bETH assets received from Anchor Borrow project to earn rewards. Nexus Anchor vault will automatically maintain the highest LTV (Loan-to-Value Ratio) ratio to minimize the risk of asset liquidation for investors.

The second product is Mirror Delta Neutral vault to help investors maximize profits in Mirror Finance. With this product, Nexus Protocol will create a staking environment with high APR interest for assets minted from Mirror Finance (mAsset).

In the future, Nexus Protocol will develop a 3rd product called EthNexus, which will create a vault with higher interest rates than any other platform exclusively for ETH holders.

Nexus Protocol Partner

Nexus Protocol partners are Richard Dai, BlockTower Capital, Arrington XRP Capital, DeFiance Capital, GSR, Node Capital, Rarestone Capital.

Nexus Protocol Development Roadmap

October 2021 : Nexus Protocol will launch Nexus V1 including bLUNA & bETH Anchor vault.

Q4 2021 : Nexus Protocol will expand to other blockchains, specifically Ethereum with a product called EthNexus.

Q4 2021 – Q1 2022 : Nexus Protocol will upgrade its LTV management system.

Q1 2022 : Nexus Protocol will launch Nexus V2 including Mirror Delta Neutral vault and upgraded bLUNA & bETH Anchor vault.

Q2 2022 : Nexus Protocol will release more vaults.

Q3 – Q4 2022 : Nexus Protocol will roll out to other blockchains, namely Polkadot and Solana.

$PSI . Token Overview

What is the $PSI token?

$PSI is the official token of the Nexus Protocol platform and has the following roles:

• $PSI token holders have the right to suggest and contribute ideas to help developers build the Nexus Protocol project.
• Investors can use $PSI tokens to pay transaction fees on Nexus Protocol.
• In addition, the $PSI token is also used as a reward for those who use products on Nexus Protocol.

Information about the $PSI . token

• Token Name : Nexus Protocol
• Ticker : PSI
• Blockchain : Terra
• Contract Address : Updating
• Token Standard : Updating
• Total Supply : 10,000,000,000 $PSI
• Circulating Supply : Updating

$PSI . Token Allocation

• Community Fund : 10%
• Psi-UST LP Incentives : 10%
• Investment : 15%
• Operation : 3%
• Team & Advisors : 20%
• Other Airdrops : 1%
• ANC Gov. Staking Airdrops : 11%
• nAsset rewards Reserve : 5%
• nAsset-Psi LP Incentives : 10%

summary

Above is the basic information of the Nexus Protocol project and the $PSI token. Nexus Protocol is a project that makes it easier for investors to access the Terra ecosystem. It offers products that help investors maximize profits as well as minimize the risk of liquidation of their crypto assets. Currently the project is in development, Nexus Protocol products have not been officially launched yet. In the near future, TraderH4 team will update more information after the official announcement of the project.

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