About Nest
Learn about Nest vaults on Arc.
About Nest
Nest provides onchain access to real-world yield through structured vaults on Arc. Each vault has its own strategy, deposit assets, and redemption terms. See the Vault Directory for available Arc routes.
Each Nest Vault (a “Vault”) is a curated collection of assets that are rigorously audited and provided by financial institutions and regulated entities (funds, brokers, licensed exchanges).
All issuer assets and user stablecoin deposits into Vaults are 100% non-custodial. Nest does not keep cash or assets on its users' behalf.
Nest uses immutable smart contract protocol architecture that provides each issuer with its own segregated Vault. When deployed, each set of smart contracts self-execute code that is responsible for flexible, scalable, and efficient way to manage deposits, withdrawals, yield strategies, and administrative functions that ensure security and transparency:
- Core Vault: This smart contract: (a) secures all assets by restricting their movement into and out of the Vault; (b) allows deposits and withdrawals (mint/burn functions) only via the authorized Manager contract, eliminates unilateral control); and (c) implements compliance policies.
- Vault Extension: This smart contract is responsible for user stablecoin deposits and redemptions. It allows a Vault to accurately calculate the value of its holdings, providing users with transparent yield calculations and withdrawal amounts and uses cross-chain bridges to provide for multi-chain access to Vaults.
- Manager: This smart contract oversees execution of automated strategies, ensuring that a Vault: (a) allocates capital to stable yield sources while maintaining liquid reserves; (b) dynamically adjusts asset allocations based on market conditions; (c) reduces withdrawal delays by managing available liquid assets efficiently; and (d) follows protocol management restrictions implemented by the Core Vault.