Nest Institutional Core
Earn Institutional-Grade deUSD Exposure
Last updated
Earn Institutional-Grade deUSD Exposure
Last updated
Nest Institutional Core brings Elixir's deUSD yield-bearing token to Nest. deUSD is DeFi's only dollar serving as the rails for institutional assets to natively enter DeFi. Yield emissions from Elixir are earned from a mix of treasuries and funding yield. Blackrock BUIDL and Hamilton Lane SCOPE holders can also natively mint deUSD and deposit.
Status
Live on Ethereum - This vault is live and users earn yield from underlying assets
Eligibility
Individuals outside of the US, OFAC compliant countries
Rewards
Elixir Potion Rewards (10x on deUSD/USDC/USDT, 2x on sdeUSD)
deUSD ("decentralized US Dollar") is a fully collateralized, yield-bearing synthetic dollar powered by the Elixir Network. deUSD's backing is comprised of treasuries via MakerDAO's USDS t-bill protocol, and stETH used by the network to short ETH perpetuals (creating a delta neutral position).
